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Franklin Street Properties Corp. FSP
$ 0.4 0.92%
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Quarterly report 2025-Q3
added 07-28-2026

Franklin Street Properties Corp. Balance Sheet 2025-2008 | FSP

Brief overview of Franklin Street Properties Corp.'s balance sheet structure

Balance sheet changes are traced across five available annual reports between 2021 and 2025.

Assets finished at $892.9 million versus $1.4 billion initially, losing -34.5%. The balance sheet contracted.

Liabilities grew more slowly than assets: -50.8% versus -34.5%. Expansion relied more on equity, improving funding quality.

The equity-to-assets ratio is 68%, compared with 57.4% five periods ago. The balance sheet has a substantial internal cushion.

The net-debt-to-equity ratio is 0.16x. Balance sheet leverage is low on this measure.

The cash share moved from 3% to 3.4%. A higher figure generally provides more room in an adverse scenario.

Conclusion

Franklin Street Properties Corp.'s financial position is positive on balance sheet evidence. Growth in resources has not undermined capital strength.

Annual Balance Sheet Franklin Street Properties Corp.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Net Debt

95 M 83.4 M -10.8 M 161 M 234 M 916 M 957 M 977 M 1.03 B 1.04 B 892 M 880 M 907 M 595 M 425 M 6.64 M - -

Long Term Debt

126 M 124 M 115 M 165 M 274 M 920 M 965 M 988 M 1.04 B 1.05 B 910 M 888 M 926 M 617 M - 74.8 M - -

Total Non Current Liabilities

- - - - - - 990 M 1 B 1.06 B 1.07 B 936 M 914 M 950 M 631 M 449 M - - -

Total Liabilities

286 M 291 M 457 M 473 M 581 M 1.03 B 1.06 B 1.06 B 1.12 B 1.13 B 986 M 957 M 994 M 662 M 487 M 317 M - -

Retained Earnings

- - - - - - -566 M -534 M -497 M -400 M -331 M -290 M -227 M -177 M -122 M - - -

Total Assets

893 M 947 M 1.17 B 1.24 B 1.36 B 1.79 B 1.84 B 1.9 B 1.99 B 2.09 B 1.92 B 1.94 B 2.04 B 1.53 B 1.41 B 1.24 B - -

Cash and Cash Equivalents

30.6 M 41.1 M 126 M 3.74 M 40.8 M 4.15 M 9.79 M 11.2 M 9.77 M 9.34 M 18.2 M 7.52 M 19.6 M 21.3 M 23.8 M 68.2 M 27.4 M 29.2 M

Book Value

607 M 656 M 713 M 769 M 783 M 768 M 786 M 838 M 871 M 962 M 936 M 980 M 1.05 B 865 M 921 M 922 M - -

Total Shareholders Equity

607 M 656 M 713 M 769 M 783 M 768 M 786 M 838 M 871 M 962 M 936 M 980 M 1.05 B 865 M 921 M 922 M 937 M 849 M

All numbers in USD currency

Quarterly Balance Sheet Franklin Street Properties Corp.

2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 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

- 126 M 125 M 125 M 125 M 124 M 138 M 150 M 149 M 115 M 115 M 124 M 124 M 165 M 165 M - 274 M 274 M 474 M 563 M 718 M 717 M 717 M 717 M 717 M 766 M 766 M 766 M 766 M 764 M 764 M 764 M 764 M 765 M 765 M 765 M 765 M 765 M 765 M 765 M 765 M 618 M 618 M 618 M 618 M 620 M 620 M 620 M 620 M 620 M 620 M 620 M 620 M 400 M 400 M 400 M 400 M - - - - 75 M 75 M

Total Liabilities

285 M 286 M 286 M 279 M 283 M 291 M 316 M 330 M 335 M 457 M 440 M 440 M 444 M 473 M 490 M - 567 M 581 M 751 M 834 M 1.03 B 1.03 B 1.03 B 1.03 B 1.03 B 1.06 B 1.06 B 1.06 B 1.06 B 1.06 B 1.06 B 1.06 B 1.06 B 1.12 B 1.12 B 1.12 B 1.12 B 1.13 B 1.13 B 1.13 B 1.13 B 983 M 983 M 983 M 983 M 957 M 957 M 957 M 957 M 994 M 994 M 994 M 994 M 661 M 661 M 662 M 662 M 487 M 487 M 487 M 487 M 279 M 268 M

Total Assets

882 M 893 M 901 M 903 M 916 M 947 M 982 M 1.01 B 1.04 B 1.17 B 1.15 B 1.2 B 1.21 B 1.24 B 1.26 B - 1.34 B 1.36 B 1.51 B 1.6 B 1.79 B 1.79 B 1.79 B 1.79 B 1.79 B 1.84 B 1.84 B 1.84 B 1.84 B 1.9 B 1.9 B 1.9 B 1.9 B 1.99 B 1.99 B 1.99 B 1.99 B 2.09 B 2.09 B 2.09 B 2.09 B 1.92 B 1.92 B 1.92 B 1.92 B 1.94 B 1.94 B 1.94 B 1.94 B 2.04 B 2.04 B 2.04 B 2.04 B 1.53 B 1.53 B 1.53 B 1.53 B 1.41 B 1.41 B 1.41 B 1.41 B 1.19 B 1.19 B

Cash and Cash Equivalents

23.8 M 30.6 M 31.4 M 29.4 M 30.2 M 42.7 M 40.9 M 30.2 M 34.2 M 128 M 13 M 5.95 M 10.3 M 6.63 M 6.37 M 4.39 M 7.68 M 40.8 M 5.05 M 19 M 2.61 M 2.65 M 4.84 M 2.89 M 17.3 M 9.79 M 20.2 M 13.1 M 8.83 M 11.2 M 10.4 M 10.4 M 14.4 M 9.77 M 12.6 M 11.5 M 11.1 M 9.34 M 9.34 M 9.34 M 9.34 M 18.2 M 18.2 M 18.2 M 18.2 M 7.52 M 7.52 M 7.52 M 7.52 M 19.6 M 19.6 M 19.6 M 19.6 M 21.3 M 21.3 M 21.3 M 21.3 M 23.8 M 23.8 M 23.8 M 23.8 M 20.6 M 21.5 M

Book Value

596 M 607 M 615 M 625 M 633 M 656 M 665 M 682 M 704 M 713 M 711 M 759 M 769 M 769 M 773 M - 770 M 783 M 755 M 767 M 756 M 768 M 768 M 768 M 768 M 786 M 786 M 786 M 786 M 838 M 838 M 838 M 838 M 871 M 871 M 871 M 871 M 962 M 962 M 962 M 962 M 936 M 936 M 936 M 936 M 980 M 980 M 980 M 980 M 1.05 B 1.05 B 1.05 B 1.05 B 865 M 865 M 865 M 865 M 921 M 921 M 921 M 921 M 910 M 919 M

Total Shareholders Equity

596 M 607 M 615 M 625 M 633 M 656 M 665 M 682 M 704 M 713 M 711 M 759 M 769 M 769 M 773 M 754 M 770 M 783 M 755 M 767 M 756 M 768 M 768 M 768 M 768 M 786 M 786 M 786 M 786 M 838 M 838 M 838 M 838 M 871 M 871 M 871 M 871 M 962 M 962 M 962 M 962 M 936 M 936 M 936 M 936 M 980 M 980 M 980 M 980 M 1.05 B 1.05 B 1.05 B 1.05 B 865 M 865 M 865 M 865 M 921 M 921 M 921 M 921 M 910 M 919 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Franklin Street Properties Corp., 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.

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