Highlands REIT Inc
Highlands REIT, Inc. ("Highlands"), which was formed in December 2015, is a Maryland corporation with a portfolio of investment properties including multi-family, retail and office properties, a correctional facility and unimproved land. Prior to April 28, 2016, Highlands was a wholly-owned subsidiary of InvenTrust Properties Corp. ("InvenTrust" and formerly known as Inland American Real Estate T… Read more
Highlands REIT Inc (HHDS) - Net Assets
Latest net assets as of June 2025: $196.97 Million USD
Based on the latest financial reports, Highlands REIT Inc (HHDS) has net assets worth $196.97 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($328.22 Million) and total liabilities ($131.26 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 | $196.97 Million |
| % of Total Assets | 60.01% |
| Annual Growth Rate | -4.32% |
| 5-Year Change | -20.7% |
| 10-Year Change | -23.61% |
| Growth Volatility | 69.61 |
Highlands REIT Inc - Net Assets Trend (2014–2024)
This chart illustrates how Highlands REIT 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 Highlands REIT Inc (2014–2024)
The table below shows the annual net assets of Highlands REIT Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $203.84 Million | -0.18% |
| 2023-12-31 | $204.21 Million | -15.04% |
| 2022-12-31 | $240.36 Million | -2.51% |
| 2021-12-31 | $246.54 Million | -4.09% |
| 2020-12-31 | $257.06 Million | -11.54% |
| 2019-12-31 | $290.60 Million | +2.29% |
| 2018-12-31 | $284.10 Million | +10.07% |
| 2017-12-31 | $258.10 Million | +209.91% |
| 2016-12-31 | $83.28 Million | -68.79% |
| 2015-12-31 | $266.85 Million | -15.85% |
| 2014-12-31 | $317.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Highlands 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 119287300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.40 Billion | 682.02% |
| Total Equity | $204.95 Million | 100.00% |
Highlands REIT Inc Competitors by Market Cap
The table below lists competitors of Highlands REIT Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TERACT EO 1
F:6O8
|
$23.95 Million |
|
Cipherlab Co Ltd
TWO:6160
|
$23.95 Million |
|
Warteck Invest AG Reg.
LSE:0QNK
|
$23.96 Million |
|
Companhia de Gás de São Paulo - COMGÁS
SA:CGAS3
|
$23.96 Million |
|
Spyrosoft Spólka Akcyjna
F:2NP
|
$23.94 Million |
|
HOYA Resort Hotel Group
TWO:2736
|
$23.94 Million |
|
Tidehold Development Co Ltd
TW:9902
|
$23.93 Million |
|
Canagold Resources Ltd
OTCQB:CRCUF
|
$23.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highlands REIT Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 205,320,000 to 204,953,000, a change of -367,000 (-0.2%).
- Net loss of 1,005,000 reduced equity.
- Share repurchases of 224,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.00 Million | -0.49% |
| Share Repurchases | $224.00K | -0.11% |
| Other Changes | $862.00K | +0.42% |
| Total Change | $- | -0.18% |
Book Value vs Market Value Analysis
This analysis compares Highlands 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: 0.12x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.33 | $0.03 | x |
| 2019-12-31 | $0.33 | $0.03 | x |
| 2020-12-31 | $0.29 | $0.03 | x |
| 2021-12-31 | $0.28 | $0.03 | x |
| 2022-12-31 | $0.27 | $0.03 | x |
| 2023-12-31 | $0.23 | $0.03 | x |
| 2024-12-31 | $0.28 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highlands 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): -0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.79%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.64x
- Recent ROE (-0.49%) is above the historical average (-1.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.42% | 14.06% | 0.15x | 2.66x | $-14.53 Million |
| 2015 | 5.37% | 12.81% | 0.15x | 2.77x | $-12.36 Million |
| 2016 | -76.71% | -69.84% | 0.18x | 6.15x | $-72.21 Million |
| 2017 | 67.42% | 313.73% | 0.17x | 1.28x | $148.19 Million |
| 2018 | 8.77% | 57.29% | 0.13x | 1.18x | $-3.48 Million |
| 2019 | 1.67% | 12.98% | 0.09x | 1.38x | $-24.20 Million |
| 2020 | -13.06% | -116.06% | 0.08x | 1.38x | $-59.30 Million |
| 2021 | -5.29% | -45.57% | 0.09x | 1.30x | $-37.70 Million |
| 2022 | -3.19% | -24.44% | 0.10x | 1.31x | $-31.69 Million |
| 2023 | -5.02% | -33.25% | 0.09x | 1.66x | $-30.83 Million |
| 2024 | -0.49% | -2.79% | 0.11x | 1.64x | $-21.50 Million |
Industry Comparison
This section compares Highlands REIT Inc's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highlands REIT Inc (HHDS) | $196.97 Million | 5.42% | 0.67x | $23.95 Million |
| Abcam plc (ABCZF) | $148.21 Million | 17.14% | 0.19x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $7.74 Million | 76.78% | 1.27x | $327.05K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $-46.26 Million | 0.00% | 0.00x | $5.68 Million |
| Adamas Trust, Inc. (ADAMG) | $2.31 Billion | -12.50% | 1.02x | $2.10 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $13.74 Million | 0.00% | 2.67x | $10.13 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $108.93 Million | 26.27% | 3.34x | $2.11 Million |
| Forafric Global PLC Warrants (AFRIW) | $29.21 Million | -43.40% | 9.60x | $2.20 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $3.02 Billion | 7.45% | 0.13x | $117.77K |
| Alvotech Warrant (ALVOW) | $-412.77 Million | 0.00% | 0.00x | $31.83 Million |