Keystone Reit Ltd (KSTN) - Net Assets
Based on the latest financial reports, Keystone Reit Ltd (KSTN) has net assets worth ILA2.46 Billion ILA (≈ $6.59 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 (ILA4.37 Billion ≈ $11.71 Million USD) and total liabilities (ILA1.91 Billion ≈ $5.13 Million USD). 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. Read Keystone Reit Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA2.46 Billion |
| % of Total Assets | 56.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | 474.21% |
| 10-Year Change | N/A |
| Growth Volatility | 62.08 |
Keystone Reit Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Keystone Reit Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Keystone Reit Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Keystone Reit Ltd (2019–2024)
The table below shows the annual net assets of Keystone Reit Ltd from 2019 to 2024. For live valuation and market cap data, see Keystone Reit Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA2.15 Billion ≈ $5.76 Million |
+15.62% |
| 2023-12-31 | ILA1.86 Billion ≈ $4.98 Million |
+26.04% |
| 2022-12-31 | ILA1.47 Billion ≈ $3.95 Million |
+45.76% |
| 2021-12-31 | ILA1.01 Billion ≈ $2.71 Million |
+170.31% |
| 2020-12-31 | ILA374.15 Million ≈ $1.00 Million |
+34021.58% |
| 2019-12-31 | ILA-1.10 Million ≈ $-2.96K |
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Equity Component Analysis
This analysis shows how different components contribute to Keystone Reit Ltd'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 grown by 62349000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA622.39 Million | 28.97% |
| Common Stock | ILA1.50 Billion | 69.62% |
| Other Comprehensive Income | ILA30.38 Million | 1.41% |
| Other Components | ILA1.00 | 0.00% |
| Total Equity | ILA2.15 Billion | 100.00% |
Keystone Reit Ltd Competitors by Market Cap
The table below lists competitors of Keystone Reit Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bitfarms Ltd.
NASDAQ:KEEL
|
$1.27 Billion |
|
Yibin Tianyuan Group Co Ltd
SHE:002386
|
$1.27 Billion |
|
Nolato AB (publ)
ST:NOLA-B
|
$1.27 Billion |
|
Triumph Financial, Inc.
NASDAQ:TFIN
|
$1.27 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
$1.27 Billion |
|
Jiangsu Libert Inc
SHG:605167
|
$1.27 Billion |
|
Wacker Neuson SE
F:WAC
|
$1.27 Billion |
|
Cairn Homes PLC
IR:C5H
|
$1.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keystone Reit Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,858,111,000 to 2,148,428,000, a change of 290,317,000 (15.6%).
- Net income of 193,359,000 contributed positively to equity growth.
- Dividend payments of 74,300,000 reduced retained earnings.
- New share issuances of 176,237,000 increased equity.
- Other comprehensive income increased equity by 30,376,999.
- Other factors decreased equity by 35,355,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA193.36 Million | +9.0% |
| Dividends Paid | ILA74.30 Million | -3.46% |
| Share Issuances | ILA176.24 Million | +8.2% |
| Other Comprehensive Income | ILA30.38 Million | +1.41% |
| Other Changes | ILA-35.36 Million | -1.65% |
| Total Change | ILA- | 15.62% |
Book Value vs Market Value Analysis
This analysis compares Keystone Reit Ltd'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: 197.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA-0.38 | ILA2322.00 | x |
| 2020-12-31 | ILA6.52 | ILA2322.00 | x |
| 2021-12-31 | ILA18.63 | ILA2322.00 | x |
| 2022-12-31 | ILA11.97 | ILA2322.00 | x |
| 2023-12-31 | ILA12.18 | ILA2322.00 | x |
| 2024-12-31 | ILA11.73 | ILA2322.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keystone Reit Ltd 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): 9.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 68.52%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.63x
- Recent ROE (9.00%) is above the historical average (7.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-1.21 Million |
| 2020 | 2.14% | 1401.22% | 0.00x | 1.36x | ILA-29.40 Million |
| 2021 | 6.18% | 7566.10% | 0.00x | 1.49x | ILA-38.64 Million |
| 2022 | 6.43% | 10852.12% | 0.00x | 1.85x | ILA-52.68 Million |
| 2023 | 23.89% | 51434.65% | 0.00x | 1.68x | ILA258.07 Million |
| 2024 | 9.00% | 68.52% | 0.08x | 1.63x | ILA-21.48 Million |
Industry Comparison
This section compares Keystone Reit Ltd's net assets metrics with peer companies in the REIT - Specialty industry.
No peer company data available for comparison.
About Keystone Reit Ltd
Keystone REIT Ltd. operates in the asset management and custody banks industry. The company was incorporated in 2022 and is based in Israel.