Granite Real Estate Investment Trust (GRT-UN) — Net Asset Quality Index
Granite Real Estate Investment Trust (GRT-UN) has a Net Asset Quality Index of 58.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$9.67 Billion minus total liabilities of CA$4.04 Billion yields net assets of CA$5.64 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Granite Real Estate Investment Trust total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Granite Real Estate Investment Trust Net Asset Quality Index Over Time (2000–2025)
This chart shows how Granite Real Estate Investment Trust's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the index stands at 58.3%, representing net assets of CA$5.64 Billion against total assets of CA$9.67 Billion CAD. For live market cap and overall valuation, see Granite Real Estate Investment Trust market cap and net worth.
Annual Net Asset Quality Index for Granite Real Estate Investment Trust (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for Granite Real Estate Investment Trust from 2000 to 2025, covering 26 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check GRT-UN strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 56.7% | CA$5.52 Billion | CA$9.73 Billion | CA$4.22 Billion | ▼ -2.9 pp |
| 2024 | 59.6% | CA$5.74 Billion | CA$9.62 Billion | CA$3.88 Billion | ▲ +1.4 pp |
| 2023 | 58.3% | CA$5.28 Billion | CA$9.07 Billion | CA$3.78 Billion | ▼ -0.8 pp |
| 2022 | 59.1% | CA$5.48 Billion | CA$9.28 Billion | CA$3.80 Billion | ▼ -3.1 pp |
| 2021 | 62.1% | CA$5.32 Billion | CA$8.57 Billion | CA$3.25 Billion | ▲ +4.0 pp |
| 2020 | 58.1% | CA$3.92 Billion | CA$6.75 Billion | CA$2.83 Billion | ▼ -7.4 pp |
| 2019 | 65.5% | CA$3.15 Billion | CA$4.80 Billion | CA$1.66 Billion | ▲ +5.9 pp |
| 2018 | 59.6% | CA$2.50 Billion | CA$4.19 Billion | CA$1.69 Billion | ▼ -7.1 pp |
| 2017 | 66.7% | CA$2.14 Billion | CA$3.21 Billion | CA$1.07 Billion | ▼ -0.3 pp |
| 2016 | 67.0% | CA$1.95 Billion | CA$2.91 Billion | CA$961.91 Million | ▼ -1.1 pp |
| 2015 | 68.0% | CA$1.86 Billion | CA$2.73 Billion | CA$873.05 Million | ▲ +1.2 pp |
| 2014 | 66.8% | CA$1.64 Billion | CA$2.45 Billion | CA$811.51 Million | ▼ -1.1 pp |
| 2013 | 67.9% | CA$1.68 Billion | CA$2.47 Billion | CA$792.12 Million | ▼ -4.1 pp |
| 2012 | 72.0% | CA$877.00 Million | CA$1.22 Billion | CA$341.20 Million | ▼ -1.0 pp |
| 2011 | 73.0% | CA$912.82 Million | CA$1.25 Billion | CA$337.49 Million | ▼ -3.7 pp |
| 2010 | 76.8% | CA$1.49 Billion | CA$1.94 Billion | CA$452.02 Million | ▼ -6.1 pp |
| 2009 | 82.9% | CA$1.66 Billion | CA$2.01 Billion | CA$344.09 Million | ▲ +18.8 pp |
| 2008 | 64.1% | CA$2.01 Billion | CA$3.14 Billion | CA$1.13 Billion | ▼ -1.2 pp |
| 2007 | 65.3% | CA$1.87 Billion | CA$2.87 Billion | CA$997.57 Million | ▼ -0.6 pp |
| 2006 | 65.8% | CA$2.16 Billion | CA$3.29 Billion | CA$1.12 Billion | ▲ +3.5 pp |
| 2005 | 62.3% | CA$2.08 Billion | CA$3.33 Billion | CA$1.26 Billion | ▼ -1.3 pp |
| 2004 | 63.6% | CA$2.33 Billion | CA$3.65 Billion | CA$1.33 Billion | ▼ -9.1 pp |
| 2003 | 72.7% | CA$2.48 Billion | CA$3.41 Billion | CA$930.14 Million | ▼ -2.0 pp |
| 2002 | 74.7% | CA$2.73 Billion | CA$3.65 Billion | CA$922.65 Million | ▼ -4.6 pp |
| 2001 | 79.3% | CA$2.09 Billion | CA$2.64 Billion | CA$545.68 Million | ▼ -4.2 pp |
| 2000 | 83.5% | CA$1.95 Billion | CA$2.34 Billion | CA$385.58 Million | — |