H&R Real Estate Investment Trust (HR-UN) — Net Asset Quality Index
H&R Real Estate Investment Trust (HR-UN) has a Net Asset Quality Index of 45.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$9.11 Billion minus total liabilities of CA$4.97 Billion yields net assets of CA$4.14 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of H&R Real Estate Investment Trust for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
H&R Real Estate Investment Trust Net Asset Quality Index Over Time (1996–2025)
This chart shows how H&R Real Estate Investment Trust's Net Asset Quality Index has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the index stands at 45.4%, representing net assets of CA$4.14 Billion against total assets of CA$9.11 Billion CAD. For live market cap and overall valuation, see HR-UN market cap overview.
Annual Net Asset Quality Index for H&R Real Estate Investment Trust (1996–2025)
The table below presents the year-by-year Net Asset Quality Index for H&R Real Estate Investment Trust from 1996 to 2025, covering 30 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 asset allocation strategy of H&R Real Estate Investment Trust to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 45.4% | CA$4.14 Billion | CA$9.11 Billion | CA$4.97 Billion | ▼ -4.3 pp |
| 2024 | 49.7% | CA$5.28 Billion | CA$10.62 Billion | CA$5.34 Billion | ▲ +1.5 pp |
| 2023 | 48.2% | CA$5.19 Billion | CA$10.78 Billion | CA$5.59 Billion | ▲ +0.1 pp |
| 2022 | 48.1% | CA$5.49 Billion | CA$11.41 Billion | CA$5.93 Billion | ▲ +2.6 pp |
| 2021 | 45.5% | CA$4.77 Billion | CA$10.50 Billion | CA$5.73 Billion | ▲ +0.0 pp |
| 2020 | 45.5% | CA$6.07 Billion | CA$13.36 Billion | CA$7.28 Billion | ▼ -3.2 pp |
| 2019 | 48.6% | CA$7.04 Billion | CA$14.48 Billion | CA$7.44 Billion | ▼ -0.4 pp |
| 2018 | 49.0% | CA$7.20 Billion | CA$14.69 Billion | CA$7.49 Billion | ▼ -0.3 pp |
| 2017 | 49.3% | CA$7.18 Billion | CA$14.56 Billion | CA$7.38 Billion | ▲ +0.5 pp |
| 2016 | 48.8% | CA$6.91 Billion | CA$14.16 Billion | CA$7.24 Billion | ▲ +0.1 pp |
| 2015 | 48.8% | CA$6.82 Billion | CA$13.99 Billion | CA$7.17 Billion | ▼ 0.0 pp |
| 2014 | 48.8% | CA$6.53 Billion | CA$13.37 Billion | CA$6.84 Billion | ▲ +2.6 pp |
| 2013 | 46.2% | CA$6.27 Billion | CA$13.58 Billion | CA$7.31 Billion | ▲ +3.5 pp |
| 2012 | 42.7% | CA$4.35 Billion | CA$10.17 Billion | CA$5.83 Billion | ▲ +13.8 pp |
| 2011 | 28.9% | CA$2.21 Billion | CA$7.65 Billion | CA$5.44 Billion | ▲ +0.5 pp |
| 2010 | 28.4% | CA$1.57 Billion | CA$5.55 Billion | CA$3.97 Billion | ▲ +1.0 pp |
| 2009 | 27.3% | CA$1.47 Billion | CA$5.36 Billion | CA$3.90 Billion | ▼ -1.8 pp |
| 2008 | 29.1% | CA$1.59 Billion | CA$5.45 Billion | CA$3.86 Billion | ▼ -1.8 pp |
| 2007 | 30.9% | CA$1.56 Billion | CA$5.05 Billion | CA$3.49 Billion | ▼ -1.4 pp |
| 2006 | 32.3% | CA$1.54 Billion | CA$4.78 Billion | CA$3.24 Billion | ▼ -3.3 pp |
| 2005 | 35.6% | CA$1.36 Billion | CA$3.83 Billion | CA$2.46 Billion | ▲ +2.4 pp |
| 2004 | 33.2% | CA$1.10 Billion | CA$3.30 Billion | CA$2.20 Billion | ▼ -2.9 pp |
| 2003 | 36.1% | CA$968.16 Million | CA$2.68 Billion | CA$1.71 Billion | ▼ -1.3 pp |
| 2002 | 37.4% | CA$767.65 Million | CA$2.05 Billion | CA$1.28 Billion | ▼ -11.7 pp |
| 2001 | 49.2% | CA$754.74 Million | CA$1.53 Billion | CA$780.12 Million | ▲ +2.7 pp |
| 2000 | 46.4% | CA$510.85 Million | CA$1.10 Billion | CA$588.96 Million | ▼ -3.1 pp |
| 1999 | 49.6% | CA$466.62 Million | CA$941.44 Million | CA$474.82 Million | ▼ -2.9 pp |
| 1998 | 52.5% | CA$397.22 Million | CA$756.84 Million | CA$359.62 Million | ▼ -3.5 pp |
| 1997 | 55.9% | CA$254.79 Million | CA$455.47 Million | CA$200.69 Million | ▲ +13.7 pp |
| 1996 | 42.2% | CA$143.81 Million | CA$340.59 Million | CA$196.78 Million | — |