GO Residential Real Estate Investment Trust
GO Residential Real Estate Investment Trust is a newly created, internally managed, open ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. The REIT has been formed to provide investors with an opportunity to invest in luxury high-rise multifamily properties (LHRs) located in the New York metropolitan area and other major metropolitan citie… Read more
GO Residential Real Estate Investment Trust (GO-U) - Net Assets
Latest net assets as of September 2025: CA$1.10 Billion CAD
Based on the latest financial reports, GO Residential Real Estate Investment Trust (GO-U) has net assets worth CA$1.10 Billion CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.78 Billion) and total liabilities (CA$1.69 Billion). 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 | CA$1.10 Billion |
| % of Total Assets | 39.38% |
| Annual Growth Rate | 57.27% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.44 |
GO Residential Real Estate Investment Trust - Net Assets Trend (2022–2024)
This chart illustrates how GO Residential Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GO Residential Real Estate Investment Trust (2022–2024)
The table below shows the annual net assets of GO Residential Real Estate Investment Trust from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$698.60 Million | +68.10% |
| 2023-12-31 | CA$415.59 Million | +47.23% |
| 2022-12-31 | CA$282.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GO Residential Real Estate Investment Trust'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | CA$0.00 | 100.00% |
GO Residential Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of GO Residential Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trellidor Holdings Ltd
JSE:TRL
|
$66.28K |
|
Aster Acquisition Corp.
V:ATR-P
|
$66.47K |
|
Real Estate & E-Commerce Split Corp
TO:RS
|
$66.49K |
|
BLUE WATER VACCIN.-00001
F:J4T
|
$66.52K |
|
Palmetto Real Estate Trust
PINK:PTTTS
|
$66.26K |
|
CANACCORD GENUITY
BE:C6U
|
$66.20K |
|
Samick THK Co. Ltd.
KQ:004380
|
$66.18K |
|
Atomos Limited
PINK:AMOSF
|
$66.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GO Residential Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 0 to 0, a change of 0.
- Net income of 628,786,000 contributed positively to equity growth.
- Dividend payments of 30,115,000 reduced retained earnings.
- New share issuances of 21,712,000 increased equity.
- Other factors decreased equity by 620,383,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$628.79 Million | +0.0% |
| Dividends Paid | CA$30.11 Million | -0.0% |
| Share Issuances | CA$21.71 Million | +0.0% |
| Other Changes | CA$-620.38 Million | -0.0% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares GO Residential Real Estate Investment Trust'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | CA$0.00 | CA$9.75 | x |
| 2023-12-31 | CA$0.00 | CA$9.75 | x |
| 2024-12-31 | CA$0.00 | CA$9.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GO Residential Real Estate Investment Trust 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 411.42%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 0.00% | 97.93% | 0.06x | 0.00x | CA$135.68 Million |
| 2024 | 0.00% | 411.42% | 0.06x | 0.00x | CA$628.79 Million |
Industry Comparison
This section compares GO Residential Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $334,930,009
- Average return on equity (ROE) among peers: -16.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GO Residential Real Estate Investment Trust (GO-U) | CA$1.10 Billion | 0.00% | 1.54x | $66.27K |
| European Residential Real Estate Investment Trust (ERE-UN) | $550.15 Million | 21.16% | 2.52x | $65.52 Million |
| Killam Apartment Real Estate Investment Trust (KMP-UN) | $193.88 Million | -2.79% | 2.73x | $1.34 Billion |
| Lanesborough Real Estate Investment Trust (LRT-UN) | $-83.15 Million | 0.00% | 0.00x | $2.35 Million |
| Marwest Apartment Real Estate Investment Trust (MAR-UN) | $456.59K | -22.38% | 0.03x | $4.09 Million |
| Minto Apartment Real Estate Investment Trust (MI-UN) | $1.08 Billion | -10.83% | 1.51x | $421.18 Million |
| Northview Residential REIT (NRR-UN) | $495.35 Million | -4.31% | 2.74x | $114.83K |
| Starlight U.S. Residential Fund (Multi-Family) Investment LP (SURF-UN) | $110.44 Million | -96.25% | 4.21x | $1.09K |