
Equity Commonwealth Balance Sheet 2025-2007 | EQC
Brief overview of Equity Commonwealth's balance sheet structure
The comparison uses five available annual reports from the 2020–2024 interval.
Assets declined from $3.3 billion to $293.6 million, or -91%. The contraction calls for context such as disposals, restructuring or weaker operations.
Liabilities expanded faster than the asset base, +232.6% versus -91%. Debt-service capacity deserves attention.
Internal capital represents 824.5% of the balance sheet, previously 98.9%. This is a strong capital position.
Cash equals 54.7% of the balance sheet, compared with 91.1% five periods ago. This is the readily available cushion.
Overall picture
Taken together, the figures indicate acceptable resilience for Equity Commonwealth. The next assessment depends on debt and equity trends.
Annual Balance Sheet Equity Commonwealth
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
- | - | - | - | - | -2.99 B | -2.77 B | -2.13 B | -1.5 B | -951 M | -88.1 M | 1.86 B | 2.82 B | 4.32 B | 3.45 B | 3.01 B | - | - | - |
Long Term Debt |
- | - | - | - | - | - | 25.7 M | 275 M | 849 M | 1.14 B | 1.71 B | 2.21 B | 3.01 B | 4.35 B | 3.58 B | 3.21 B | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | - | 28.8 M | 284 M | 865 M | 1.17 B | 1.75 B | 2.28 B | 3.08 B | 4.48 B | 3.58 B | - | - | - | - |
Total Liabilities |
- | 115 M | 34.9 M | 31.2 M | 26.1 M | 34.5 M | 73.5 M | 347 M | 936 M | 1.27 B | 1.88 B | 2.44 B | 3.28 B | 4.69 B | 3.88 B | 3.46 B | 3.23 B | - | - |
Deferred Revenue |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.7 M | - | - | - | - |
Retained Earnings |
- | - | 3.93 B | 3.84 B | 3.8 B | - | -1.19 B | -1.24 B | -1.2 B | -1.22 B | -1.43 B | -1.5 B | -1.45 B | -1.12 B | 2.48 B | 2.37 B | 2.24 B | - | - |
Total Assets |
- | 294 M | 2.43 B | 2.85 B | 3.08 B | 3.28 B | 3.32 B | 3.53 B | 4.24 B | 4.53 B | 5.24 B | 5.76 B | 6.65 B | 8.19 B | 7.45 B | 6.59 B | 6.12 B | - | - |
Cash and Cash Equivalents |
- | 161 M | 2.16 B | 2.58 B | 2.8 B | 2.99 B | 2.8 B | 2.4 B | 2.35 B | 2.09 B | 1.8 B | 365 M | 217 M | 102 M | 193 M | 194 M | 18.2 M | 15.5 M | 19.9 M |
Book Value |
- | 179 M | 2.39 B | 2.82 B | 3.06 B | 3.24 B | 3.25 B | 3.18 B | 3.3 B | 3.26 B | 3.37 B | 3.32 B | 3.36 B | 3.5 B | 3.57 B | 3.13 B | 2.89 B | - | - |
Total Shareholders Equity |
- | 2.42 B | 2.39 B | 2.82 B | 3.06 B | 3.24 B | 3.24 B | 3.18 B | 3.3 B | 3.26 B | 3.37 B | 3.32 B | 3.36 B | 3.11 B | 3.57 B | 3.13 B | 2.89 B | 2.92 B | 2.9 B |
All numbers in USD currency
Quarterly Balance Sheet Equity Commonwealth
| 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q3 | 2010-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.7 M | - | - | 249 M | 275 M | 248 M | 248 M | 248 M | 849 M | 816 M | 816 M | 816 M | 1.14 B | 1.31 B | 1.06 B | 1.06 B | 1.7 B | - | - | - | 2.21 B | - | - | - | 3.01 B | - | - | - | 4.35 B | - | - | - | 3.58 B | - | - | - | - | - |
Total Liabilities |
51.2 M | 27.9 M | 26 M | 26.4 M | 34.9 M | 31.6 M | 30 M | 30.3 M | 31.2 M | 138 M | - | 19.8 M | 26.1 M | 32.8 M | 24.4 M | 29.1 M | 34.5 M | 34.5 M | 34.5 M | 34.5 M | 73.5 M | 73.5 M | 73.5 M | 73.5 M | 347 M | 347 M | 347 M | 347 M | 936 M | 936 M | 936 M | 936 M | 1.27 B | 1.27 B | 1.27 B | 1.27 B | 1.86 B | 1.86 B | 1.86 B | 1.86 B | 2.44 B | 2.44 B | 2.44 B | 2.44 B | 3.28 B | 3.28 B | 3.28 B | 3.28 B | 4.69 B | 4.69 B | 4.69 B | 4.69 B | 3.88 B | 3.88 B | 3.88 B | 3.88 B | 3.06 B | 3.1 B |
Retained Earnings |
- | 3.95 B | 3.98 B | 3.95 B | 3.93 B | 3.9 B | 3.87 B | 3.86 B | 3.84 B | 3.81 B | - | 3.8 B | 3.8 B | 3.8 B | 3.8 B | 3.8 B | 3.81 B | 3.81 B | 3.81 B | 3.81 B | 3.36 B | 3.36 B | 3.36 B | 3.36 B | 2.87 B | 2.87 B | 2.87 B | 2.87 B | 2.6 B | 2.6 B | 2.6 B | 2.6 B | 2.57 B | 2.57 B | 2.57 B | 2.57 B | 2.33 B | 2.33 B | 2.33 B | 2.33 B | 2.23 B | 2.23 B | 2.23 B | 2.23 B | 2.21 B | 2.21 B | 2.21 B | 2.21 B | 2.39 B | 2.39 B | 2.39 B | 2.39 B | 2.48 B | 2.48 B | 2.48 B | 2.48 B | 2.35 B | 2.28 B |
Total Assets |
228 M | 2.44 B | 2.46 B | 2.44 B | 2.43 B | 2.39 B | 2.42 B | 2.4 B | 2.85 B | 2.97 B | - | 3 B | 3.08 B | 3.24 B | 3.26 B | 3.26 B | 3.28 B | 3.28 B | 3.28 B | 3.28 B | 3.32 B | 3.32 B | 3.32 B | 3.32 B | 3.53 B | 3.53 B | 3.53 B | 3.53 B | 4.24 B | 4.24 B | 4.24 B | 4.24 B | 4.53 B | 4.53 B | 4.53 B | 4.53 B | 5.23 B | 5.23 B | 5.23 B | 5.23 B | 5.76 B | 5.76 B | 5.76 B | 5.76 B | 6.65 B | 6.65 B | 6.65 B | 6.65 B | 8.19 B | 8.19 B | 8.19 B | 8.19 B | 7.45 B | 7.45 B | 7.45 B | 7.45 B | 6.37 B | 6.21 B |
Cash and Cash Equivalents |
227 M | 2.23 B | 2.2 B | 2.17 B | 2.16 B | 2.13 B | 2.15 B | 2.13 B | 2.58 B | 2.69 B | 2.69 B | 2.72 B | 2.8 B | 2.96 B | 2.97 B | 2.97 B | 2.99 B | 2.99 B | 2.99 B | 2.99 B | 2.8 B | 2.8 B | 2.8 B | 2.8 B | 2.4 B | 2.4 B | 2.4 B | 2.4 B | 2.35 B | 2.35 B | 2.35 B | 2.35 B | 2.09 B | 2.09 B | 2.09 B | 2.09 B | 1.8 B | 1.8 B | 1.8 B | 1.8 B | 365 M | 365 M | 365 M | 365 M | 217 M | 222 M | 222 M | 222 M | 102 M | 102 M | 102 M | 102 M | 193 M | 193 M | 193 M | 193 M | 175 M | 33.4 M |
Book Value |
176 M | 2.41 B | 2.44 B | 2.41 B | 2.39 B | 2.36 B | 2.39 B | 2.37 B | 2.82 B | 2.83 B | - | 2.98 B | 3.06 B | 3.21 B | 3.23 B | 3.23 B | 3.24 B | 3.24 B | 3.24 B | 3.24 B | 3.25 B | 3.25 B | 3.25 B | 3.25 B | 3.18 B | 3.18 B | 3.18 B | 3.18 B | 3.3 B | 3.3 B | 3.3 B | 3.3 B | 3.26 B | 3.26 B | 3.26 B | 3.26 B | 3.37 B | 3.37 B | 3.37 B | 3.37 B | 3.32 B | 3.32 B | 3.32 B | 3.32 B | 3.36 B | 3.36 B | 3.36 B | 3.36 B | 3.5 B | 3.5 B | 3.5 B | 3.5 B | 3.57 B | 3.57 B | 3.57 B | 3.57 B | 3.31 B | 3.11 B |
Total Shareholders Equity |
2.41 B | 2.41 B | 2.43 B | 2.41 B | 2.39 B | 2.36 B | 2.39 B | 2.37 B | 2.82 B | 2.83 B | 2.95 B | 2.98 B | 3.05 B | 3.21 B | 3.23 B | 3.23 B | 3.24 B | 3.24 B | 3.24 B | 3.24 B | 3.24 B | 3.24 B | 3.24 B | 3.24 B | 3.18 B | 3.18 B | 3.18 B | 3.18 B | 3.3 B | 3.3 B | 3.3 B | 3.3 B | 3.26 B | 3.26 B | 3.26 B | 3.26 B | 3.37 B | 3.37 B | 3.37 B | 3.37 B | 3.32 B | 3.32 B | 3.32 B | 3.32 B | 3.36 B | 3.42 B | 3.67 B | 3.73 B | 3.11 B | 3.11 B | 3.11 B | 3.11 B | 3.57 B | 3.57 B | 3.57 B | 3.57 B | 3.31 B | 3.11 B |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Equity Commonwealth, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Balance sheet of other industry stocks – Reit office
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
Mack-Cali Realty Corporation
CLI
|
- | 0.29 % | $ 1.55 B | ||
|
Easterly Government Properties
DEA
|
$ 24.31 | 0.41 % | $ 1.09 B | ||
|
City Office REIT
CIO
|
$ 6.99 | -0.14 % | $ 281 M | ||
|
Alexandria Real Estate Equities
ARE
|
$ 52.65 | 0.03 % | $ 8.97 B | ||
|
CoreSite Realty Corporation
COR
|
$ 330.95 | 0.26 % | $ 14 B | ||
|
Boston Properties
BXP
|
$ 67.69 | 0.23 % | $ 10.7 B | ||
|
Cousins Properties Incorporated
CUZ
|
$ 29.11 | 0.02 % | $ 4.89 B | ||
|
Douglas Emmett
DEI
|
$ 11.42 | 1.24 % | $ 1.91 B | ||
|
Franklin Street Properties Corp.
FSP
|
$ 0.4 | 0.92 % | $ 41.5 M | ||
|
Global Net Lease
GNL
|
$ 9.12 | 0.27 % | $ 2.04 B | ||
|
Highwoods Properties
HIW
|
$ 31.19 | 0.56 % | $ 3.38 B | ||
|
Hudson Pacific Properties
HPP
|
$ 12.61 | 0.16 % | $ 563 M | ||
|
JBG SMITH Properties
JBGS
|
$ 11.7 | 0.77 % | $ 788 M | ||
|
Kilroy Realty Corporation
KRC
|
$ 37.14 | 0.46 % | $ 4.39 B | ||
|
Paramount Group
PGRE
|
- | - | $ 1.43 B | ||
|
SL Green Realty Corp.
SLG
|
$ 55.56 | 1.22 % | $ 3.91 B |