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BrightSpire Capital BRSP Deconsolidation of assets following foreclosure (refer to Note 4)

Deconsolidation of assets following foreclosure (refer to Note 4) at other companies

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Other financials

Income statement

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Revenue$83.5M-2.8%
Net income-$18.3M+20.7%
EPS (diluted)-$0.15+21.1%

Balance sheet

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Cash & equivalents$68.2M-55.8%
Total debt$12.9M-42.4%
Total equity$863.0M-13.2%
Total assets$3.7B+9.9%

Cash flow

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Operating cash flow$29.4M+68.8%
CapEx$500.0K-91.5%
Free cash flow$28.9M+150%

Valuation

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Market cap$632.62M-7.8%
Enterprise value$577.38M+4.1%
P/S1.9×-0.2×

Profitability

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Net margin-8%+0.7pp
FCF margin22%+0.6pp

Returns & leverage

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Return on equity-2.9%+0.8pp
Debt / equity0.0×

Where this comes from

Reported directly by BrightSpire Capital in its filing.

Tagged under the XBRL concept brsp:NoncashOrPartNoncashTransactionDeconsolidationOfAssetsFollowingForeclosure.

The source filing: BrightSpire Capital’s 10-Q, filed October 29, 2025. Open the filing →

Filed
Oct 29, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001717547-25-000083

FAQ

What is BrightSpire Capital's deconsolidation of assets following foreclosure (refer to note 4)?
BrightSpire Capital (BRSP) reported deconsolidation of assets following foreclosure (refer to note 4) of -$69.51M in Q3 2025.
What does deconsolidation of assets following foreclosure (refer to note 4) mean?
Captures the impact of removing assets and liabilities from the balance sheet following a foreclosure event. This metric is used to reconcile the non-cash nature of asset transfers that occur when a borrower defaults and the company takes control of the underlying collateral. It is vital for assessing the impact of credit losses on the company's asset composition.

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