Global Medical REIT Inc. (GMRE) - Net Assets
Based on the latest financial reports, Global Medical REIT Inc. (GMRE) has net assets worth $505.83 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.27 Billion) and total liabilities ($767.41 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. Check GMRE intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $505.83 Million |
| % of Total Assets | 39.73% |
| Annual Growth Rate | 103.37% |
| 5-Year Change | 21.44% |
| 10-Year Change | N/A |
| Growth Volatility | 140.53 |
Global Medical REIT Inc. - Net Assets Trend (2011–2024)
This chart illustrates how Global Medical REIT Inc.'s net assets have evolved over time, based on quarterly financial data. See GMRE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Global Medical REIT Inc. (2011–2024)
The table below shows the annual net assets of Global Medical REIT Inc. from 2011 to 2024. For live valuation and market cap data, see GMRE company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $555.92 Million | -8.24% |
| 2023-12-31 | $605.81 Million | -6.66% |
| 2022-12-31 | $649.07 Million | +1.80% |
| 2021-12-31 | $637.58 Million | +39.28% |
| 2020-12-31 | $457.76 Million | -0.56% |
| 2019-12-31 | $460.35 Million | +53.58% |
| 2018-12-31 | $299.75 Million | +15.73% |
| 2017-12-31 | $259.01 Million | +67.07% |
| 2016-12-31 | $155.03 Million | +111946.63% |
| 2015-12-31 | $-138.61K | -106.24% |
| 2014-12-31 | $2.22 Million | +14066.10% |
| 2013-12-31 | $-15.90K | -458.79% |
| 2012-12-31 | $4.43K | -91.87% |
| 2011-12-31 | $54.54K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Medical REIT 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 29373554100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $67.00K | 0.01% |
| Other Comprehensive Income | $18.61 Million | 3.48% |
| Other Components | $809.18 Million | 151.50% |
| Total Equity | $534.13 Million | 100.00% |
Global Medical REIT Inc. Competitors by Market Cap
The table below lists competitors of Global Medical REIT Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ege Profil Ticaret ve Sanayi AS
IS:EGPRO
|
$479.72 Million |
|
Medprin Regenerative Medical Technologies Co. Ltd.
SHE:301033
|
$479.78 Million |
|
Aneka Gas Industri Tbk PT
JK:AGII
|
$479.78 Million |
|
Mnc Land Tbk
JK:KPIG
|
$479.80 Million |
|
Jiangxi Wannianqing Cement Co Ltd
SHE:000789
|
$479.58 Million |
|
China Datang Corporation Renewable Power Co. Limited
STU:DT7
|
$479.54 Million |
|
Algoma Steel Group Inc
TO:ASTL
|
$479.53 Million |
|
Pangaea Logistic
NASDAQ:PANL
|
$479.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Medical REIT Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 583,584,000 to 534,126,000, a change of -49,458,000 (-8.5%).
- Net income of 6,633,000 contributed positively to equity growth.
- Dividend payments of 65,690,000 reduced retained earnings.
- New share issuances of 10,896,000 increased equity.
- Other comprehensive income decreased equity by 6,512,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.63 Million | +1.24% |
| Dividends Paid | $65.69 Million | -12.3% |
| Share Issuances | $10.90 Million | +2.04% |
| Other Comprehensive Income | $-6.51 Million | -1.22% |
| Other Changes | $5.21 Million | +0.98% |
| Total Change | $- | -8.47% |
Book Value vs Market Value Analysis
This analysis compares Global Medical REIT 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: 0.18x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.46x to 0.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $5.54 | $35.77 | x |
| 2013-12-31 | $-20.31 | $35.77 | x |
| 2014-12-31 | $45.94 | $35.77 | x |
| 2015-12-31 | $-0.55 | $35.77 | x |
| 2016-12-31 | $416.65 | $35.77 | x |
| 2017-12-31 | $12.56 | $35.77 | x |
| 2018-12-31 | $12.26 | $35.77 | x |
| 2019-12-31 | $12.71 | $35.77 | x |
| 2020-12-31 | $9.62 | $35.77 | x |
| 2021-12-31 | $10.27 | $35.77 | x |
| 2022-12-31 | $241.74 | $35.77 | x |
| 2023-12-31 | $222.57 | $35.77 | x |
| 2024-12-31 | $202.52 | $35.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Medical REIT 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): 1.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.79%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.35x
- Recent ROE (1.24%) is above the historical average (-88.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -1130.34% | 0.00% | 0.00x | 2.78x | $-50.55K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-43.75K |
| 2014 | -29.36% | -171.45% | 0.02x | 10.01x | $-874.34K |
| 2015 | 0.00% | -78.06% | 0.03x | 0.00x | $-1.60 Million |
| 2016 | -4.10% | -78.64% | 0.04x | 1.47x | $-21.86 Million |
| 2017 | -0.02% | -0.13% | 0.06x | 1.93x | $-24.67 Million |
| 2018 | 5.01% | 25.36% | 0.08x | 2.36x | $-13.44 Million |
| 2019 | 2.15% | 13.06% | 0.08x | 2.06x | $-33.79 Million |
| 2020 | -0.43% | -2.06% | 0.08x | 2.48x | $-46.41 Million |
| 2021 | 2.83% | 15.22% | 0.09x | 2.03x | $-44.66 Million |
| 2022 | 3.02% | 13.96% | 0.10x | 2.20x | $-44.16 Million |
| 2023 | 3.53% | 14.63% | 0.11x | 2.17x | $-37.75 Million |
| 2024 | 1.24% | 4.79% | 0.11x | 2.35x | $-46.78 Million |
Industry Comparison
This section compares Global Medical REIT Inc.'s net assets metrics with peer companies in the REIT - Healthcare Facilities industry.
Industry Context
- Industry: REIT - Healthcare Facilities
- Average net assets among peers: $1,879,026,272
- Average return on equity (ROE) among peers: 5.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Medical REIT Inc. (GMRE) | $505.83 Million | -1130.34% | 1.52x | $479.58 Million |
| American Healthcare REIT, Inc. (AHR) | $3.36 Billion | 2.08% | 0.61x | $8.93 Billion |
| Community Healthcare Trust Inc (CHCT) | $194.01 Million | 1.40% | 0.30x | $496.86 Million |
| CareTrust REIT Inc. (CTRE) | $262.29 Million | 3.83% | 1.57x | $8.76 Billion |
| Diversified Healthcare Trust (DHC) | $1.25 Billion | 6.83% | 0.36x | $1.59 Billion |
| Healthpeak Properties Inc (DOC) | $8.30 Billion | 0.86% | 1.45x | $13.49 Billion |
| Healthcare Realty Trust Incorporated (HR) | $1.72 Billion | 12.43% | 0.86x | $6.86 Billion |
| LTC Properties Inc (LTC) | $482.67 Million | 9.89% | 0.13x | $1.86 Billion |
| Medical Properties Trust, Inc. (MPT) | $671.57 Million | 5.41% | 0.95x | $2.71 Billion |
| Medical Properties Trust Inc (MPW) | $671.57 Million | 5.41% | 0.95x | $2.78 Billion |
About Global Medical REIT Inc.
Global Medical REIT Inc. (the "Company") is a Maryland corporation and internally managed real estate investment trust ("REIT") that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. The Company holds its facilities and conducts its operations through a Delaware limited partnership subsidiary, Global Medical REIT L.P. (the… Read more