Slate Grocery REIT (SGR-U) - Net Assets
Based on the latest financial reports, Slate Grocery REIT (SGR-U) has net assets worth $836.15 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.36 Billion) and total liabilities ($1.52 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. Read total liabilities of Slate Grocery REIT for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $836.15 Million |
| % of Total Assets | 35.47% |
| Annual Growth Rate | 42.98% |
| 5-Year Change | 34.02% |
| 10-Year Change | N/A |
| Growth Volatility | 266.35 |
Slate Grocery REIT - Net Assets Trend (2017–2025)
This chart illustrates how Slate Grocery REIT's net assets have evolved over time, based on quarterly financial data. Also explore SGR-U total asset value for the complete picture of this company's asset base.
Annual Net Assets for Slate Grocery REIT (2017–2025)
The table below shows the annual net assets of Slate Grocery REIT from 2017 to 2025. For live valuation and market cap data, see SGR-U market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $836.15 Million | -2.09% |
| 2024-12-31 | $853.96 Million | -1.53% |
| 2023-12-31 | $867.24 Million | -6.86% |
| 2022-12-31 | $931.10 Million | +49.23% |
| 2021-12-31 | $623.92 Million | +37.82% |
| 2020-12-31 | $452.72 Million | +12.22% |
| 2019-12-31 | $403.43 Million | -7.85% |
| 2018-12-31 | $437.80 Million | +814.68% |
| 2017-12-31 | $47.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Slate Grocery REIT'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 77.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $73.73 Million | 11.19% |
| Other Components | $585.39 Million | 88.81% |
| Total Equity | $659.12 Million | 100.00% |
Slate Grocery REIT Competitors by Market Cap
The table below lists competitors of Slate Grocery REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NB Distressed Debt New Glb
LSE:NBDG
|
$107.95K |
|
Hydrogenone Capital Growth PLC
LSE:HGEN
|
$108.15K |
|
Transense Technologies PLC
LSE:TRT
|
$108.33K |
|
Global Lights Acquisition Corp Unit
NASDAQ:GLACU
|
$108.38K |
|
Catalyst Media Group PLC
LSE:CMX
|
$107.83K |
|
Kiliaro AB
ST:KILI
|
$107.21K |
|
Oxford Biodynamics PLC
LSE:OBD
|
$107.03K |
|
W.H.Ireland Group
LSE:WHI
|
$105.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Slate Grocery REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 673,474,000 to 659,124,000, a change of -14,350,000 (-2.1%).
- Net income of 43,386,000 contributed positively to equity growth.
- Dividend payments of 51,116,000 reduced retained earnings.
- Other factors decreased equity by 6,620,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $43.39 Million | +6.58% |
| Dividends Paid | $51.12 Million | -7.76% |
| Other Changes | $-6.62 Million | -1.0% |
| Total Change | $- | -2.13% |
Book Value vs Market Value Analysis
This analysis compares Slate Grocery REIT'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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.85x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $1.09 | $11.78 | x |
| 2018-12-31 | $10.40 | $11.78 | x |
| 2019-12-31 | $9.84 | $11.78 | x |
| 2020-12-31 | $9.56 | $11.78 | x |
| 2021-12-31 | $10.53 | $11.78 | x |
| 2022-12-31 | $12.27 | $11.78 | x |
| 2023-12-31 | $11.60 | $11.78 | x |
| 2024-12-31 | $11.39 | $11.78 | x |
| 2025-12-31 | $11.12 | $11.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Slate Grocery REIT 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): 6.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.33%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 3.58x
- Recent ROE (6.58%) is below the historical average (19.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 111.93% | 45.12% | 0.08x | 31.33x | $48.79 Million |
| 2018 | -1.57% | -4.78% | 0.10x | 3.24x | $-50.67 Million |
| 2019 | 7.63% | 21.79% | 0.11x | 3.26x | $-9.55 Million |
| 2020 | 9.11% | 32.71% | 0.10x | 2.92x | $-4.01 Million |
| 2021 | 14.68% | 65.72% | 0.08x | 2.81x | $28.97 Million |
| 2022 | 17.39% | 72.57% | 0.08x | 3.07x | $54.75 Million |
| 2023 | 1.98% | 6.69% | 0.09x | 3.25x | $-55.15 Million |
| 2024 | 5.89% | 18.97% | 0.09x | 3.32x | $-27.68 Million |
| 2025 | 6.58% | 20.33% | 0.09x | 3.58x | $-22.53 Million |
Industry Comparison
This section compares Slate Grocery REIT's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $2,225,105,492
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Slate Grocery REIT (SGR-U) | $836.15 Million | 111.93% | 1.82x | $107.89K |
| Choice Properties Real Estate Investment Trust (CHP-UN) | $4.37 Billion | 18.24% | 2.96x | $3.59 Billion |
| CT Real Estate Investment Trust (CRT-UN) | $3.38 Billion | 2.84% | 0.83x | $1.39 Billion |
| Firm Capital Property Trust (FCD-UN) | $48.18 Million | 9.81% | 0.97x | $175.49 Million |
| First Capital Real Estate Investment Trust (FCR-UN) | $951.33 Million | 3.19% | 2.58x | $3.59 Billion |
| Plaza Retail REIT (PLZ-UN) | $521.30 Million | 10.34% | 1.43x | $357.89 Million |
| Primaris Retail R.E. Invest. Tr. Units (PMZ-UN) | $530.22 Million | 1.84% | 2.03x | $1.62 Billion |
| RioCan Real Estate Investment Trust (REI-UN) | $7.93 Billion | 1.79% | 1.02x | $4.53 Billion |
| Slate Grocery REIT (SGR-UN) | $931.10 Million | 13.83% | 1.44x | $694.00 Million |
| SmartCentres Real Estate Investment Trust (SRU-UN) | $1.37 Billion | 1.70% | 2.09x | $2.97 Billion |
About Slate Grocery REIT
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appre… Read more