True North Commercial Real Estate Investment Trust Net Asset Quality Index
True North Commercial Real Estate Investment Trust net asset quality index. True North Commercial Real Estate Investment Trust (TNT-UN) has a Net Asset Quality Index of 32.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.20 Billion minus total liabilities of CA$809.62 Million yields net assets of CA$392.82 Million. A higher index indicates a stronger, lower-leverage balance sheet. See True North Commercial Real Estate Invest shareholders equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of True North Commercial Real Estate Investment Trust (2012–2024)
Net asset quality index of True North Commercial Real Estate Investment Trust from 2012 to 2024. This chart shows how True North Commercial Real Estate Investment Trust's Net Asset Quality Index has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the index stands at 32.7%, representing net assets of CA$392.82 Million against total assets of CA$1.20 Billion CAD. Check True North Commercial Real Estate Invest (TNT-UN) strategic investment index to assess the company's strategic physical and investment asset allocation.
True North Commercial Real Estate Investment Trust Net Asset Quality Index by Year (2012–2024)
True North Commercial Real Estate Investment Trust net asset quality index by year from 2012 to 2024. The table below presents the year-by-year Net Asset Quality Index for True North Commercial Real Estate Investment Trust from 2012 to 2024, covering 13 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. For live market cap and overall valuation, see True North Commercial Real Estate Invest market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 33.5% | CA$416.00 Million | CA$1.24 Billion | CA$824.23 Million | ▼ -0.7 pp |
| 2023 | 34.2% | CA$452.80 Million | CA$1.32 Billion | CA$870.87 Million | ▼ -1.8 pp |
| 2022 | 36.0% | CA$522.14 Million | CA$1.45 Billion | CA$928.18 Million | ▼ -2.0 pp |
| 2021 | 38.0% | CA$540.07 Million | CA$1.42 Billion | CA$881.11 Million | ▲ +0.6 pp |
| 2020 | 37.4% | CA$525.21 Million | CA$1.40 Billion | CA$879.67 Million | ▼ -1.0 pp |
| 2019 | 38.3% | CA$527.33 Million | CA$1.38 Billion | CA$848.23 Million | ▼ -0.3 pp |
| 2018 | 38.7% | CA$363.09 Million | CA$939.35 Million | CA$576.26 Million | ▲ +1.9 pp |
| 2017 | 36.8% | CA$248.20 Million | CA$674.44 Million | CA$426.24 Million | ▲ +0.1 pp |
| 2016 | 36.7% | CA$167.67 Million | CA$456.47 Million | CA$288.80 Million | ▲ +4.9 pp |
| 2015 | 31.9% | CA$110.55 Million | CA$347.01 Million | CA$236.46 Million | ▼ -0.3 pp |
| 2014 | 32.2% | CA$102.36 Million | CA$317.97 Million | CA$215.61 Million | ▲ +2.7 pp |
| 2013 | 29.4% | CA$54.31 Million | CA$184.47 Million | CA$130.16 Million | ▲ +104.7 pp |
| 2012 | -75.2% | CA$-11.75 Million | CA$15.62 Million | CA$27.37 Million | — |