Gladstone Commercial Corporation (GOOD)

Solvency & Capital Structure

Total Debt

$843.1M

Net Debt

$835.1M

Gladstone Commercial Corporation currently has $843.1M in total debt. Net debt is $835.1M after cash offsets.

Financial Fundamentals

GOOD • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	0.84	0.01	0.84	1.23	68.5%
2025-12-31	0.86	0.01	0.85	1.25	68.7%
2025-09-30	0.85	0.02	0.83	1.27	67.2%
2025-06-30	0.80	0.01	0.79	1.21	66.2%
2025-03-31	0.75	0.01	0.74	1.16	64.4%
2024-12-31	0.70	0.01	0.69	1.09	63.7%
2024-09-30	0.70	0.01	0.69	1.10	63.6%
2024-06-30	0.73	0.01	0.72	1.11	65.7%
2024-03-31	0.72	0.01	0.71	1.11	65.5%
2023-12-31	0.74	0.01	0.73	1.13	65.6%
2023-09-30	0.75	0.02	0.74	1.17	64.6%
2023-06-30	0.76	0.02	0.74	1.18	64.2%
2023-03-31	0.75	0.01	0.74	1.19	63.4%
2022-12-31	0.75	0.01	0.74	1.20	62.7%
2022-09-30	0.75	0.01	0.73	1.21	61.8%
2022-06-30	0.74	0.01	0.73	1.19	62.0%
2022-03-31	0.71	0.01	0.70	1.15	61.6%
2021-12-31	0.71	0.01	0.71	1.14	62.4%
2021-09-30	0.68	0.01	0.67	1.10	61.5%
2021-06-30	0.67	0.01	0.65	1.09	61.1%
2021-03-31	0.67	0.01	0.66	1.09	61.5%
2020-12-31	0.67	0.01	0.66	1.10	61.4%
2020-09-30	0.67	0.01	0.66	1.08	61.9%
2020-06-30	0.67	0.01	0.66	1.09	61.9%
2020-03-31	0.67	0.01	0.66	1.10	61.2%
2019-12-31	0.63	0.01	0.63	1.04	60.8%
2019-09-30	0.60	0.01	0.59	0.98	61.0%
2019-06-30	0.58	0.01	0.58	0.97	60.1%
2019-03-31	0.56	0.00	0.55	0.94	59.7%
2018-12-31	0.57	0.01	0.56	0.94	60.3%
2018-09-30	0.54	0.00	0.54	0.90	60.0%
2018-06-30	0.54	0.00	0.54	0.91	59.5%
2018-03-31	0.54	0.00	0.54	0.92	59.0%
2017-12-31	0.54	0.01	0.54	0.93	58.4%
2017-09-30	0.52	0.00	0.51	0.90	57.3%
2017-06-30	0.48	0.01	0.48	0.83	58.3%
2017-03-31	0.50	0.00	0.49	0.83	59.6%
2016-12-31	0.51	0.00	0.50	0.85	59.8%
2016-09-30	0.52	0.01	0.51	0.84	61.6%
2016-06-30	0.53	0.00	0.52	0.82	64.4%
2016-03-31	0.52	0.01	0.51	0.81	63.8%
2015-12-31	0.53	0.01	0.53	0.83	63.7%
2015-09-30	0.54	0.00	0.53	0.84	64.2%
2015-06-30	0.53	0.00	0.53	0.83	64.1%
2015-03-31	0.51	0.01	0.50	0.81	63.2%
2014-12-31	0.50	0.01	0.49	0.79	63.8%
2014-09-30	0.51	0.01	0.50	0.76	66.6%
2014-06-30	0.48	0.00	0.48	0.74	65.5%
2014-03-31	0.45	0.01	0.45	0.68	66.4%
2013-12-31	0.45	0.01	0.44	0.69	64.7%
2013-09-30	0.44	0.00	0.43	0.67	65.8%
2013-06-30	0.37	0.00	0.37	0.59	62.3%
2013-03-03	0.39	0.01	0.38	0.57	68.1%
2012-12-31	0.38	0.01	0.38	0.56	68.0%
2012-09-30	0.34	0.02	0.32	0.53	65.3%
2012-06-30	0.31	0.01	0.31	0.50	63.3%
2012-03-31	0.28	0.01	0.27	0.47	60.3%
2011-12-31	0.30	0.00	0.30	0.45	67.1%
2011-09-30	0.28	0.01	0.27	0.43	64.4%
2011-06-30	0.28	0.01	0.27	0.43	64.3%
2011-03-31	0.28	0.01	0.27	0.42	67.5%
2010-12-31	0.29	0.01	0.28	0.41	70.1%
2010-09-30	0.27	0.00	0.27	0.40	68.8%
2010-06-30	0.29	0.01	0.28	0.41	70.0%
2010-03-31	0.29	0.00	0.28	0.41	69.3%
2009-12-31	0.29	0.00	0.28	0.42	68.7%
2009-09-30	0.29	0.00	0.28	0.42	68.5%
2009-06-30	0.29	0.01	0.28	0.42	67.7%
2009-03-31	0.29	0.00	0.28	0.42	67.3%
2008-12-31	0.29	0.00	0.28	0.43	66.8%
2008-09-30	0.29	0.00	0.29	0.43	67.6%
2008-06-30	0.27	0.00	0.27	0.41	65.4%
2008-03-31	0.26	0.00	0.26	0.41	63.5%
2007-12-31	0.45	0.00	0.45	0.38	119.6%
2007-09-30	0.21	0.00	0.20	0.36	57.1%
2007-06-30	0.18	0.01	0.17	0.34	53.7%
2007-03-31	0.17	0.01	0.16	0.33	51.4%
2006-12-31	0.15	0.04	0.12	0.32	48.9%
2006-09-30	0.15	0.00	0.15	0.28	54.8%
2006-06-30	0.15	0.00	0.15	0.28	52.6%
2006-03-31	0.13	0.00	0.13	0.26	50.4%
2005-12-31	0.11	0.00	0.10	0.21	50.8%
2005-09-30	0.07	0.00	0.07	0.17	39.1%
2005-06-30	0.03	0.00	0.02	0.13	19.6%
2005-03-31	0.00	0.02	-0.01Net Cash	0.11	2.9%
2004-12-31	0.00	0.03	-0.03Net Cash	0.11	0.0%
2004-09-30	0.00	0.04	-0.04Net Cash	0.11	0.0%
2004-06-30	0.00	0.07	-0.07Net Cash	0.10	0.0%
2004-03-31	0.00	0.08	-0.08Net Cash	0.11	0.0%
2003-12-31	0.00	0.10	-0.10Net Cash	0.11	0.0%
2003-09-30	0.00	0.10	-0.10Net Cash	0.11	0.0%
2003-06-30	0.00	0.00	0.00	0.00	0.0%
2003-03-31	0.00	0.00	0.00	0.00	0.0%