Lanesborough Real Estate Investment Trust (LRT-UN) - Net Assets
Based on the latest financial reports, Lanesborough Real Estate Investment Trust (LRT-UN) has net assets worth CA$-157.55 Million CAD (≈ $-113.97 Million USD) 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 ≈ $31.47 Million USD) and total liabilities (CA$201.06 Million ≈ $145.44 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read LRT-UN current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$-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. Also explore LRT-UN current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Lanesborough Real Estate Investment Trus.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-155.23 Million ≈ $-112.29 Million |
-5.22% |
| 2022-12-31 | CA$-147.54 Million ≈ $-106.73 Million |
+20.09% |
| 2021-12-31 | CA$-184.63 Million ≈ $-133.56 Million |
-11.69% |
| 2020-12-31 | CA$-165.30 Million ≈ $-119.58 Million |
-41.01% |
| 2019-12-31 | CA$-117.23 Million ≈ $-84.80 Million |
-40.99% |
| 2018-12-31 | CA$-83.15 Million ≈ $-60.15 Million |
-126.91% |
| 2017-12-31 | CA$-36.64 Million ≈ $-26.51 Million |
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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 |
|---|---|
|
CL8 Holdings Ltd
AU:CL8
|
$2.47 Million |
|
Concurrent Technologies Plc
LSE:CNC
|
$2.47 Million |
|
Kmc Properties ASA
OL:KMCP
|
$2.47 Million |
|
John Wood Group PLC
LSE:WG
|
$2.47 Million |
|
Prima Cakrawala Abadi PT
JK:PCAR
|
$2.46 Million |
|
City Of London Investment Group
LSE:CLIG
|
$2.45 Million |
|
MOBILUM TECHNOLOGIES INC.
F:C0B
|
$2.45 Million |
|
Infinitum Copper Corp
V:INFI
|
$2.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lanesborough Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -147,536,110 to -155,232,023, a change of -7,695,913.
- Net loss of 7,695,913 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-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: $1,705,980,968
- Average return on equity (ROE) among peers: 7.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lanesborough Real Estate Investment Trust (LRT-UN) | CA$-157.55 Million | 0.00% | N/A | $2.46 Million |
| Boardwalk Real Estate Investment Trust (BEI-UN) | $217.30 Million | 3.68% | 3.28x | $2.34 Billion |
| Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) | $10.40 Billion | 13.39% | 0.70x | $4.06 Billion |
| European Residential Real Estate Investment Trust (ERE-UN) | $3.35 Million | -1.83% | 0.09x | $79.47 Million |
| BSR Real Estate Investment Trust (HOM-UN) | $657.60 Million | -6.12% | 1.71x | $114.41K |
| InterRent Real Estate Investment Trust (IIP-UN) | $2.82 Million | 6.08% | 1.84x | $1.33 Billion |
| Killam Apartment Real Estate Investment Trust (KMP-UN) | $2.11 Billion | 13.52% | 1.17x | $1.50 Billion |
| Flagship Communities Real Estate Investment Trust (MHC-U) | $322.69 Million | 18.60% | 1.15x | $368.64 Million |
| Minto Apartment Real Estate Investment Trust (MI-UN) | $1.12 Billion | 5.67% | 1.37x | $463.75 Million |
| Morguard North American Residential Real Estate Investment Trust (MRG-UN) | $522.96 Million | 10.78% | 2.20x | $424.29 Million |
About 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).