TRC: the balance sheet

MyFinsight

For the year ending 2025-12-31, TRC has $630,469K in assets. $139,913K in debts. $9,524K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	9,524
Marketable securities - available-for-sale	15,370
Accounts receivable	9,389
Inventories	3,347
Prepaid expenses and other current assets	1,632
Total current assets	39,262
Real estate and improvements - held for lease, net	79,177
Real estate development (includes 128,549 at december31, 2025 and 124,136 at december31, 2024, attributable to centennial founders, llc, note 16)	356,567
Property and equipment, net	59,311
Investments in unconsolidated joint ventures	29,986
Costs	36,800
Accumulated depreciation	19,154
Net cost of purchased water contracts	17,646
Total cost of water held for future use	44,947
Net investment in water assets	62,593
Other assets	3,573
Total assets	630,469

Trade accounts payable	5,240
Accrued liabilities and other	2,188
Deferred income	2,062
Total current liabilities	9,490
Revolving line of credit	93,942
Long-term deferred gains	10,935
Deferred tax liability	9,849
Other liabilities	15,697
Total liabilities	139,913
Issued and outstanding shares - 26916837 at december31, 2025 and 26,822,768 at december31, 2024	13,460
Additional paid-in capital	350,242
Accumulated other comprehensive (loss) income	-177
Retained earnings	111,673
Total tejon ranch co. stockholders equity	475,198
Non-controlling interest	15,358
Total equity	490,556
Total liabilities and equity	630,469

Unit: Thousand (K) dollars (except for numbers of shares and EPS).