Wheeler Real Estate Investment Trust Inc
Cedar Realty Trust, Inc. is a Maryland corporation (taxed as a real estate investment trust) that focuses on owning and operating income producing retail properties with a primary focus on grocery-anchored shopping centers. Wheeler Real Estate Investment Trust, Inc. was founded in 2011 and is headquartered in Virginia Beach, Virginia.
Wheeler Real Estate Investment Trust Inc (WHLR) - Net Assets
Latest net assets as of December 2025: $94.69 Million USD
Based on the latest financial reports, Wheeler Real Estate Investment Trust Inc (WHLR) has net assets worth $94.69 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($601.73 Million) and total liabilities ($507.04 Million). 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 | $94.69 Million |
| % of Total Assets | 15.74% |
| Annual Growth Rate | 26.38% |
| 5-Year Change | -1.72% |
| 10-Year Change | -9.98% |
| Growth Volatility | 394.35 |
Wheeler Real Estate Investment Trust Inc - Net Assets Trend (2009–2025)
This chart illustrates how Wheeler Real Estate Investment Trust Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wheeler Real Estate Investment Trust Inc (2009–2025)
The table below shows the annual net assets of Wheeler Real Estate Investment Trust Inc from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $94.69 Million | -18.83% |
| 2024-12-31 | $116.65 Million | -17.58% |
| 2023-12-31 | $141.53 Million | -7.23% |
| 2022-12-31 | $152.55 Million | +58.33% |
| 2021-12-31 | $96.35 Million | -14.29% |
| 2020-12-31 | $112.41 Million | +332.24% |
| 2019-12-31 | $26.01 Million | -78.54% |
| 2018-12-31 | $121.21 Million | +71.70% |
| 2017-12-31 | $70.60 Million | -32.89% |
| 2016-12-31 | $105.19 Million | -2.02% |
| 2015-12-31 | $107.37 Million | +102.11% |
| 2014-12-31 | $53.12 Million | +107.46% |
| 2013-12-31 | $25.61 Million | +57.75% |
| 2012-12-31 | $16.23 Million | +1615.87% |
| 2011-12-31 | $946.02K | -51.13% |
| 2010-12-31 | $1.94 Million | -13.47% |
| 2009-12-31 | $2.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wheeler Real Estate Investment Trust Inc'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 34629389400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | 2.56% |
| Other Comprehensive Income | $2.38 Million | 1017.52% |
| Other Components | $348.73 Million | 149028.21% |
| Total Equity | $234.00K | 100.00% |
Wheeler Real Estate Investment Trust Inc Competitors by Market Cap
The table below lists competitors of Wheeler Real Estate Investment Trust Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SWISS PRIME SITE N - Dusseldorf Stock Exchang
DU:SU1N
|
$1.54 Million |
|
Nam Viet JSC
VN:NAV
|
$1.54 Million |
|
Scheid Vineyards Inc
PINK:SVIN
|
$1.54 Million |
|
YGL Convergence Bhd
KLSE:0086
|
$1.54 Million |
|
Ju-Kao Engineering Co., Ltd.
TWO:1594
|
$1.54 Million |
|
Medesis Pharma SA
PA:ALMDP
|
$1.54 Million |
|
Zinc8 Energy Solutions Inc
PINK:ZAIRF
|
$1.54 Million |
|
PT Adhi Karya (Persero) Tbk
F:KM6
|
$1.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wheeler Real Estate Investment Trust Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 59,256,000 to 234,000, a change of -59,022,000 (-99.6%).
- Net income of 14,889,000 contributed positively to equity growth.
- Dividend payments of 6,556,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,381,000.
- Other factors decreased equity by 69,736,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.89 Million | +6362.82% |
| Dividends Paid | $6.56 Million | -2801.71% |
| Other Comprehensive Income | $2.38 Million | +1017.52% |
| Other Changes | $-69.74 Million | -29801.71% |
| Total Change | $- | -99.61% |
Book Value vs Market Value Analysis
This analysis compares Wheeler Real Estate Investment Trust Inc'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: 630.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.03x to 630.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $54.21 | $1.38 | x |
| 2010-12-31 | $46.90 | $1.38 | x |
| 2011-12-31 | $22.92 | $1.38 | x |
| 2012-12-31 | $8956050.52 | $1.38 | x |
| 2013-12-31 | $318.58 | $1.38 | x |
| 2014-12-31 | $463.20 | $1.38 | x |
| 2015-12-31 | $201.88 | $1.38 | x |
| 2016-12-31 | $112.62 | $1.38 | x |
| 2017-12-31 | $73.38 | $1.38 | x |
| 2018-12-31 | $64682608.70 | $1.38 | x |
| 2019-12-31 | $24.74 | $1.38 | x |
| 2020-12-31 | $57542187.50 | $1.38 | x |
| 2021-12-31 | $23602250.00 | $1.38 | x |
| 2022-12-31 | $17271200.00 | $1.38 | x |
| 2023-12-31 | $302859.44 | $1.38 | x |
| 2024-12-31 | $445533.83 | $1.38 | x |
| 2025-12-31 | $0.00 | $1.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wheeler Real Estate Investment Trust Inc 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): 6362.82%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.97%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2571.51x
- Recent ROE (6362.82%) is above the historical average (358.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 8.00% | 3.97% | 0.15x | 13.45x | $-44.70K |
| 2010 | -13.34% | -13.92% | 0.06x | 16.90x | $-451.73K |
| 2011 | -58.62% | -28.81% | 0.06x | 33.91x | $-649.20K |
| 2012 | -13.37% | -47.73% | 0.05x | 6.06x | $-2.03 Million |
| 2013 | -19.89% | -42.04% | 0.07x | 6.81x | $-5.50 Million |
| 2014 | -24.78% | -61.48% | 0.09x | 4.71x | $-14.81 Million |
| 2015 | -20.38% | -75.93% | 0.08x | 3.20x | $-29.85 Million |
| 2016 | -12.54% | -26.93% | 0.09x | 5.16x | $-21.37 Million |
| 2017 | -21.41% | -23.23% | 0.13x | 7.21x | $-19.95 Million |
| 2018 | -13.86% | -25.08% | 0.13x | 4.27x | $-28.40 Million |
| 2019 | -33.60% | -12.75% | 0.13x | 20.24x | $-10.43 Million |
| 2020 | 0.22% | 0.40% | 0.12x | 4.43x | $-10.80 Million |
| 2021 | -10.00% | -15.40% | 0.13x | 4.93x | $-18.88 Million |
| 2022 | -14.42% | -16.25% | 0.11x | 7.93x | $-21.09 Million |
| 2023 | -6.22% | -4.58% | 0.15x | 8.86x | $-12.23 Million |
| 2024 | -16.16% | -9.16% | 0.16x | 11.03x | $-15.50 Million |
| 2025 | 6362.82% | 14.97% | 0.17x | 2571.51x | $14.87 Million |
Industry Comparison
This section compares Wheeler Real Estate Investment Trust Inc's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $22,048,860,627
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wheeler Real Estate Investment Trust Inc (WHLR) | $94.69 Million | 8.00% | 5.35x | $1.54 Million |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |