Mack-Cali Realty Corporation
Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guid… Read more
Mack-Cali Realty Corporation (WY4) - Net Assets
Latest net assets as of September 2025: €1.28 Billion EUR
Based on the latest financial reports, Mack-Cali Realty Corporation (WY4) has net assets worth €1.28 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.79 Billion) and total liabilities (€1.51 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.28 Billion |
| % of Total Assets | 45.89% |
| Annual Growth Rate | -3.32% |
| 5-Year Change | -21.98% |
| 10-Year Change | N/A |
| Growth Volatility | 13.42 |
Mack-Cali Realty Corporation - Net Assets Trend (2015–2024)
This chart illustrates how Mack-Cali Realty Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mack-Cali Realty Corporation (2015–2024)
The table below shows the annual net assets of Mack-Cali Realty Corporation from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.24 Billion | -4.77% |
| 2023-12-31 | €1.30 Billion | -31.86% |
| 2022-12-31 | €1.91 Billion | -2.85% |
| 2021-12-31 | €1.97 Billion | +23.76% |
| 2020-12-31 | €1.59 Billion | -6.30% |
| 2019-12-31 | €1.70 Billion | +0.14% |
| 2018-12-31 | €1.70 Billion | +1.71% |
| 2017-12-31 | €1.67 Billion | -3.36% |
| 2016-12-31 | €1.73 Billion | +2.55% |
| 2015-12-31 | €1.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mack-Cali Realty Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 146618700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.57 Billion | 233.36% |
| Total Equity | €1.10 Billion | 100.00% |
Mack-Cali Realty Corporation Competitors by Market Cap
The table below lists competitors of Mack-Cali Realty Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avepoint Inc
NASDAQ:AVPT
|
$1.42 Billion |
|
HMS Networks AB (publ)
OTCGREY:HMNKF
|
$1.42 Billion |
|
Qingdao Hanhe Cable Co Ltd
SHE:002498
|
$1.43 Billion |
|
Agios Pharm
NASDAQ:AGIO
|
$1.43 Billion |
|
Natura &Co Holding S.A.
SA:NTCO3
|
$1.42 Billion |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
$1.42 Billion |
|
BTG Hotels Group Co Ltd
SHG:600258
|
$1.42 Billion |
|
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063
|
$1.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mack-Cali Realty Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,137,478,000 to 1,099,391,000, a change of -38,087,000 (-3.3%).
- Net loss of 23,120,000 reduced equity.
- Dividend payments of 24,052,000 reduced retained earnings.
- New share issuances of 1,765,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-23.12 Million | -2.1% |
| Dividends Paid | €24.05 Million | -2.19% |
| Share Issuances | €1.76 Million | +0.16% |
| Other Changes | €7.32 Million | +0.67% |
| Total Change | €- | -3.35% |
Book Value vs Market Value Analysis
This analysis compares Mack-Cali Realty Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.97x to 1.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €16.42 | €16.00 | x |
| 2018-12-31 | €16.46 | €16.00 | x |
| 2019-12-31 | €16.49 | €16.00 | x |
| 2020-12-31 | €15.42 | €16.00 | x |
| 2021-12-31 | €14.10 | €16.00 | x |
| 2022-12-31 | €13.56 | €16.00 | x |
| 2023-12-31 | €12.33 | €16.00 | x |
| 2024-12-31 | €11.83 | €16.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mack-Cali Realty Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.53%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.71x
- Recent ROE (-2.10%) is below the historical average (-1.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -8.64% | -21.25% | 0.15x | 2.78x | €-271.32 Million |
| 2016 | 7.68% | 19.11% | 0.14x | 2.81x | €-35.49 Million |
| 2017 | 1.57% | 3.76% | 0.12x | 3.36x | €-124.44 Million |
| 2018 | 5.66% | 15.85% | 0.10x | 3.40x | €-64.55 Million |
| 2019 | 7.49% | 31.88% | 0.07x | 3.54x | €-37.51 Million |
| 2020 | -3.67% | -16.39% | 0.06x | 3.68x | €-191.27 Million |
| 2021 | -9.29% | -36.15% | 0.07x | 3.53x | €-247.24 Million |
| 2022 | -4.21% | -14.67% | 0.09x | 3.17x | €-175.63 Million |
| 2023 | -9.43% | -41.21% | 0.08x | 2.85x | €-221.01 Million |
| 2024 | -2.10% | -8.53% | 0.09x | 2.71x | €-133.06 Million |
Industry Comparison
This section compares Mack-Cali Realty Corporation's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $623,515,500
- Average return on equity (ROE) among peers: 7.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mack-Cali Realty Corporation (WY4) | €1.28 Billion | -8.64% | 1.18x | $1.42 Billion |
| Xior Student Housing BVBA (5XR) | $410.02 Million | 3.93% | 1.10x | $1.12 Billion |
| Washington Real Estate Investment Trust (WRI) | $837.01 Million | 10.72% | 1.62x | $153.56 Million |