Lanesborough Real Estate Investment Trust
LREIT is a real estate investment trust, which is listed on the TSX Venture Exchange under the symbol LRT.UN (Trust Units).
Lanesborough Real Estate Investment Trust (LRT-UN) - Net Assets
Latest net assets as of March 2024: CA$-157.55 Million CAD
Based on the latest financial reports, Lanesborough Real Estate Investment Trust (LRT-UN) has net assets worth CA$-157.55 Million CAD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$43.51 Million) and total liabilities (CA$201.06 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-157.55 Million |
| % of Total Assets | -362.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Lanesborough Real Estate Investment Trust - Net Assets Trend (2017–2023)
This chart illustrates how Lanesborough 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 Lanesborough Real Estate Investment Trust (2017–2023)
The table below shows the annual net assets of Lanesborough Real Estate Investment Trust from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-155.23 Million | -5.22% |
| 2022-12-31 | CA$-147.54 Million | +20.09% |
| 2021-12-31 | CA$-184.63 Million | -11.69% |
| 2020-12-31 | CA$-165.30 Million | -41.01% |
| 2019-12-31 | CA$-117.23 Million | -40.99% |
| 2018-12-31 | CA$-83.15 Million | -126.91% |
| 2017-12-31 | CA$-36.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lanesborough 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 13178852400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$72.72 Million | % |
| Total Equity | CA$-155.23 Million | 100.00% |
Lanesborough Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of Lanesborough Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Batero Gold Corp
PINK:BELDF
|
$2.36 Million |
|
DKLS Industries Bhd
KLSE:7528
|
$2.36 Million |
|
ECOLAB INC - Dusseldorf Stock Exchang
DU:ECJ
|
$2.36 Million |
|
Tyranna Resources Limited
F:IRN
|
$2.36 Million |
|
Duta Anggada Realty Tbk
JK:DART
|
$2.35 Million |
|
Wästbygg Gruppen AB (publ)
ST:WBGR-B
|
$2.35 Million |
|
HIKARI TSUSHIN
MU:HIK
|
$2.35 Million |
|
ARHT Media Inc
OTCQB:ARHTF
|
$2.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lanesborough Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -147,536,110 to -155,232,023, a change of -7,695,913.
- Net loss of 7,695,913 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-7.70 Million | -4.96% |
| Total Change | CA$- | % |
Book Value vs Market Value Analysis
This analysis compares Lanesborough Real Estate Investment Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-1.78 | CA$0.01 | x |
| 2018-12-31 | CA$-4.04 | CA$0.01 | x |
| 2019-12-31 | CA$-5.70 | CA$0.01 | x |
| 2020-12-31 | CA$-8.04 | CA$0.01 | x |
| 2021-12-31 | CA$-8.98 | CA$0.01 | x |
| 2022-12-31 | CA$-0.22 | CA$0.01 | x |
| 2023-12-31 | CA$-0.23 | CA$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lanesborough Real Estate Investment Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.34%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -168.15% | 0.09x | 0.00x | CA$-28.37 Million |
| 2018 | 0.00% | -272.54% | 0.09x | 0.00x | CA$-38.19 Million |
| 2019 | 0.00% | -206.19% | 0.10x | 0.00x | CA$-22.36 Million |
| 2020 | 0.00% | -274.08% | 0.13x | 0.00x | CA$-31.54 Million |
| 2021 | 0.00% | -95.70% | 0.16x | 0.00x | CA$-867.96K |
| 2022 | 0.00% | 140.09% | 0.13x | 0.00x | CA$38.65 Million |
| 2023 | 0.00% | -58.34% | 0.15x | 0.00x | CA$7.83 Million |
Industry Comparison
This section compares Lanesborough 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: $446,607,942
- Average return on equity (ROE) among peers: -3.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lanesborough Real Estate Investment Trust (LRT-UN) | CA$-157.55 Million | 0.00% | N/A | $2.35 Million |
| European Residential Real Estate Investment Trust (ERE-UN) | $550.15 Million | 21.16% | 2.52x | $65.52 Million |
| GO Residential Real Estate Investment Trust (GO-U) | $698.60 Million | 90.01% | 2.72x | $65.94K |
| Killam Apartment Real Estate Investment Trust (KMP-UN) | $193.88 Million | -2.79% | 2.73x | $1.36 Billion |
| 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 | $421.67 Million |
| Northview Residential REIT (NRR-UN) | $495.35 Million | -4.31% | 2.74x | $105.04K |
| Starlight U.S. Residential Fund (Multi-Family) Investment LP (SURF-UN) | $110.44 Million | -96.25% | 4.21x | $1.06K |