MOODY NATIONAL REIT II, INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6363 WOODWAY HOUSTON, TX 77057 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,286 | 4,912 | 6,049 | 4,642 | 7,303 | 8,990 | |||
| Cash and cash equivalents | 7,286 | 4,912 | 6,049 | 4,642 | 7,303 | 8,990 | |||
| Restricted cash and investments | 8,645 | 10,204 | |||||||
| Receivables | 6,750 | ||||||||
| Deferred costs | (520) | (466) | (383) | (300) | (4,000) | ||||
| Total current assets: | 6,766 | 4,446 | 5,666 | 4,342 | 11,948 | 25,944 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 142,133 | 139,503 | 137,661 | 137,091 | 135,008 | 114,088 | |||
| Intangible assets, net (including goodwill) | 591 | 676 | 684 | 767 | |||||
| Intangible assets, net (excluding goodwill) | 591 | 676 | 684 | 767 | |||||
| Regulated entity, other noncurrent assets | 3,293 | 3,463 | |||||||
| Total noncurrent assets: | 142,724 | 140,179 | 138,345 | 137,858 | 138,301 | 117,551 | |||
| Other undisclosed assets | 266,368 | 280,460 | 292,831 | 302,499 | 317,417 | 281,407 | |||
| TOTAL ASSETS: | 415,858 | 425,085 | 436,842 | 444,699 | 467,666 | 424,902 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 14,076 | 16,856 | 14,128 | 17,360 | 10,106 | 8,089 | |||
| Other undisclosed accounts payable and accrued liabilities | 14,076 | 16,856 | 14,128 | 17,360 | 10,106 | 8,089 | |||
| Due to related parties | ✕ | ✕ | 28,474 | 2,894 | |||||
| Total current liabilities: | 14,076 | 16,856 | 42,602 | 17,360 | 13,000 | 8,089 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 287,375 | 273,385 | 240,762 | 246,047 | 241,549 | 228,965 | |||
| Total liabilities: | 301,451 | 290,241 | 283,364 | 263,407 | 254,549 | 237,054 | |||
| Equity | |||||||||
| Equity, attributable to parent | 112,530 | 132,505 | 150,715 | 177,896 | 208,803 | 182,648 | |||
| Common stock | 136 | 136 | 136 | 136 | 133 | 106 | |||
| Additional paid in capital | 305,641 | 305,641 | 305,562 | 305,446 | 296,928 | 237,216 | |||
| Accumulated deficit | (193,247) | (173,272) | (154,983) | (127,686) | (88,258) | (54,674) | |||
| Equity, attributable to noncontrolling interest | 1,876 | 2,338 | 2,762 | 3,395 | 4,313 | 5,199 | |||
| Total equity: | 114,406 | 134,843 | 153,477 | 181,291 | 213,116 | 187,847 | |||
| Other undisclosed liabilities and equity | 1 | 1 | 1 | 1 | 1 | 1 | |||
| TOTAL LIABILITIES AND EQUITY: | 415,858 | 425,085 | 436,842 | 444,699 | 467,666 | 424,902 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 82,368 | 77,374 | 56,618 | 39,403 | 84,677 | 80,841 | ||
| Cost of revenue | (64,891) | (2,058,782) | (2,047,392) | (40,463) | (55,351) | (50,182) | ||
| Cost of goods and services sold | (56,431) | (52,182) | (41,290) | (33,494) | (55,351) | (50,182) | ||
| Gross profit: | 17,477 | (1,981,408) | (1,990,774) | (1,060) | 29,326 | 30,659 | ||
| Operating expenses | (20,851) | 1,977,494 | 1,977,843 | (21,896) | (84,799) | (74,393) | ||
| Other undisclosed operating income | 55,351 | 50,182 | ||||||
| Operating income (loss): | (3,374) | (3,914) | (12,931) | (22,956) | (122) | 6,448 | ||
| Nonoperating expense | (14,653) | (15,016) | (13,365) | (12,620) | ||||
| Interest and debt expense | (16,902) | (14,653) | (15,168) | (12,060) | (12,826) | (15,960) | ||
| Loss from continuing operations before equity method investments, income taxes: | (20,276) | (33,220) | (43,115) | (48,381) | (25,568) | (9,512) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 14,653 | 15,168 | 12,060 | 12,826 | ||||
| Loss from continuing operations before income taxes: | (20,276) | (18,567) | (27,947) | (36,321) | (12,742) | (9,512) | ||
| Income tax expense (benefit) | (161) | (146) | 17 | (107) | (183) | (158) | ||
| Loss from continuing operations: | (20,437) | (18,713) | (27,930) | (36,428) | (12,925) | (9,670) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (27,930) | (36,428) | (12,925) | (9,670) | |
| Net loss: | (20,437) | (18,713) | (27,930) | (36,428) | (12,925) | (9,670) | ||
| Net income attributable to noncontrolling interest | 462 | 424 | 633 | 828 | 332 | 309 | ||
| Net loss available to common stockholders, diluted: | (19,975) | (18,289) | (27,297) | (35,600) | (12,593) | (9,361) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (20,437) | (18,713) | (27,930) | (36,428) | (12,925) | (9,670) | ||
| Comprehensive loss: | (20,437) | (18,713) | (27,930) | (36,428) | (12,925) | (9,670) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 462 | 424 | 633 | 828 | 332 | 309 | ||
| Comprehensive loss, net of tax, attributable to parent: | (19,975) | (18,289) | (27,297) | (35,600) | (12,593) | (9,361) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.