Seritage Growth Properties Net Assets
Seritage Growth Properties net assets. Based on the latest financial reports, Seritage Growth Properties (SRG) has net assets worth $301.31 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($361.17 Million) and total liabilities ($59.85 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. Also explore net asset momentum of Seritage Growth Properties to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $301.31 Million |
| % of Total Assets | 83.43% |
| Annual Growth Rate | -14.37% |
| 5-Year Change | -60.61% |
| 10-Year Change | -76.63% |
| Growth Volatility | 6.8 |
Net Assets of Seritage Growth Properties (2015–2025)
Net assets of Seritage Growth Properties from 2015 to 2025. This chart illustrates how Seritage Growth Properties's net assets have evolved over time, based on quarterly financial data. See Seritage Growth Properties net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Seritage Growth Properties (2015–2025)
The table below shows the annual net assets of Seritage Growth Properties from 2015 to 2025. For live market cap and overall valuation, see SRG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $332.80 Million | -17.99% |
| 2024-12-31 | $405.80 Million | -27.94% |
| 2023-12-31 | $563.16 Million | -22.06% |
| 2022-12-31 | $722.60 Million | -14.47% |
| 2021-12-31 | $844.80 Million | -4.30% |
| 2020-12-31 | $882.73 Million | -15.40% |
| 2019-12-31 | $1.04 Billion | -9.31% |
| 2018-12-31 | $1.15 Billion | -12.90% |
| 2017-12-31 | $1.32 Billion | -7.26% |
| 2016-12-31 | $1.42 Billion | -9.28% |
| 2015-12-31 | $1.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seritage Growth Properties'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 99374800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Seritage Growth Properties Net Assets Breakdown (December 2025)
Seritage Growth Properties net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $562.00K | 0.17% |
| Other Components | $1.36 Billion | 411.19% |
| Total Equity | $331.42 Million | 100.00% |
Seritage Growth Properties Competitors by Market Cap
The table below lists competitors of Seritage Growth Properties ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Easy Field
TWO:6425
|
$96.35 Million |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
$96.36 Million |
|
Tong Herr Resources Bhd
KLSE:5010
|
$96.36 Million |
|
Mitake Information
TWO:8284
|
$96.36 Million |
|
Ubiquoss Inc
KQ:264450
|
$96.30 Million |
|
Virco Manufacturing Corporation
NASDAQ:VIRC
|
$96.26 Million |
|
J Sainsbury PLC
LSE:SBRY
|
$96.26 Million |
|
Adverum Biotechnologies Inc
NASDAQ:ADVM
|
$96.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seritage Growth Properties's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 404,456,000 to 331,416,000, a change of -73,040,000 (-18.1%).
- Net loss of 68,215,000 reduced equity.
- Dividend payments of 4,900,000 reduced retained earnings.
- Share repurchases of 126,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-68.22 Million | -20.58% |
| Dividends Paid | $4.90 Million | -1.48% |
| Share Repurchases | $126.00K | -0.04% |
| Other Changes | $201.00K | +0.06% |
| Total Change | $- | -18.06% |
Book Value vs Market Value Analysis
This analysis compares Seritage Growth Properties'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: 0.29x
- 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 increased from 0.03x to 0.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $50.02 | $1.71 | x |
| 2016-12-31 | $45.34 | $1.71 | x |
| 2017-12-31 | $26.23 | $1.71 | x |
| 2018-12-31 | $32.35 | $1.71 | x |
| 2019-12-31 | $20.09 | $1.71 | x |
| 2020-12-31 | $23.05 | $1.71 | x |
| 2021-12-31 | $19.93 | $1.71 | x |
| 2022-12-31 | $14.53 | $1.71 | x |
| 2023-12-31 | $10.01 | $1.71 | x |
| 2024-12-31 | $7.19 | $1.71 | x |
| 2025-12-31 | $5.89 | $1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seritage Growth Properties 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): -20.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -374.73%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.19x
- Recent ROE (-20.58%) is below the historical average (-12.68%), 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 | -1.42% | -19.74% | 0.04x | 1.80x | $-179.35 Million |
| 2016 | -3.62% | -20.73% | 0.09x | 1.90x | $-193.99 Million |
| 2017 | -8.32% | -30.60% | 0.09x | 3.13x | $-162.42 Million |
| 2018 | -6.39% | -34.21% | 0.07x | 2.50x | $-188.52 Million |
| 2019 | -8.12% | -35.22% | 0.06x | 3.76x | $-132.54 Million |
| 2020 | -11.90% | -90.15% | 0.04x | 3.00x | $-193.30 Million |
| 2021 | -3.33% | -24.12% | 0.05x | 2.86x | $-112.63 Million |
| 2022 | -10.23% | -69.07% | 0.06x | 2.55x | $-146.20 Million |
| 2023 | -27.56% | -745.52% | 0.02x | 1.73x | $-211.11 Million |
| 2024 | -37.96% | -871.27% | 0.03x | 1.68x | $-193.98 Million |
| 2025 | -20.58% | -374.73% | 0.05x | 1.19x | $-101.36 Million |
Industry Comparison
This section compares Seritage Growth Properties's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $7,093,174,169
- Average return on equity (ROE) among peers: -49.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seritage Growth Properties (SRG) | $301.31 Million | -1.42% | 0.20x | $96.32 Million |
| eXp World Holdings, Inc. (AGNT) | $142.59 Million | 21.83% | 0.70x | $509.40 Million |
| reAlpha Tech Corp. Common Stock (AIRE) | $-5.32 Million | 0.00% | 0.00x | $2.09 Million |
| Avalon GloboCare Corp. (ALBT) | $3.08 Million | -294.73% | 2.32x | $2.87 Million |
| American Realty Investors Inc (ARL) | $802.27 Million | -1.83% | 0.29x | $255.69 Million |
| Altisource Portfolio Solutions SA (ASPS) | $-125.06 Million | 0.00% | 0.00x | $66.41 Million |
| Ke Holdings Inc (BEKE) | $69.05 Billion | -2.01% | 0.58x | $17.78 Billion |
| CBRE Group Inc Class A (CBRE) | $256.96 Million | 7.29% | 4.16x | $39.68 Billion |
| Comstock Holding Companies Inc (CHCI) | $8.38 Million | -107.35% | 6.14x | $179.90 Million |
| Change Agents Corporation (CHGA) | $7.10 Million | -111.27% | 1.95x | $837.87K |
| Compass Inc (COMP) | $787.30 Million | -7.43% | 0.96x | $6.51 Billion |
About Seritage Growth Properties
Seritage Growth Properties was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. As of March 31, 2026, the Company's portfolio consisted of interests in 10 properties comprised of approximately 0.8 million square feet of gross leasable area or build-to-suit leased area and 154… Read more