Pine Trail Real Estate Investment Trust
Pine Trail Real Estate Investment Trust was formed by a Declaration of Trust. The acquisition of the property was funded using available cash on hand and net proceeds from the non-brokered private placement on November 6, 2018. The Acquisition constitutes the Trust's Qualifying Transaction (as such term is defined by the policies of the TSXV) and, as such, the Trust is no longer a CPC. The Declar… Read more
Pine Trail Real Estate Investment Trust (PINE-UN) - Net Assets
Latest net assets as of September 2025: CA$3.30 Million CAD
Based on the latest financial reports, Pine Trail Real Estate Investment Trust (PINE-UN) has net assets worth CA$3.30 Million 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$3.59 Million) and total liabilities (CA$291.50K). 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$3.30 Million |
| % of Total Assets | 91.89% |
| Annual Growth Rate | 44.72% |
| 5-Year Change | 21.19% |
| 10-Year Change | N/A |
| Growth Volatility | 354.58 |
Pine Trail Real Estate Investment Trust - Net Assets Trend (2017–2024)
This chart illustrates how Pine Trail 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 Pine Trail Real Estate Investment Trust (2017–2024)
The table below shows the annual net assets of Pine Trail Real Estate Investment Trust from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$3.26 Million | +1.25% |
| 2023-12-31 | CA$3.22 Million | -2.47% |
| 2022-12-31 | CA$3.30 Million | -4.54% |
| 2021-12-31 | CA$3.46 Million | +28.56% |
| 2020-12-31 | CA$2.69 Million | +4.52% |
| 2019-12-31 | CA$2.57 Million | -5.98% |
| 2018-12-31 | CA$2.73 Million | +1016.39% |
| 2017-12-31 | CA$244.94K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pine Trail 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 grown by 20145800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$201.46K | 6.19% |
| Other Components | CA$3.06 Million | 93.81% |
| Total Equity | CA$3.26 Million | 100.00% |
Pine Trail Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of Pine Trail Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winsome Yarns Limited
NSE:WINSOME
|
$732.62K |
|
Sab Zenzele Kabili Holdings
JSE:SZK
|
$732.71K |
|
Gabather AB (publ)
ST:GABA
|
$732.74K |
|
Acutus Medical Inc
NASDAQ:AFIB
|
$732.88K |
|
Sayona Mining Limited
OTCQB:SYAXF
|
$731.37K |
|
ICF INTL
BE:G6V
|
$730.39K |
|
EBAY - Dusseldorf Stock Exchang
DU:EBA
|
$729.79K |
|
Isupetasys Co. Ltd.
KQ:007660
|
$729.65K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pine Trail Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,216,661 to 3,256,891, a change of 40,230 (1.3%).
- Net income of 40,230 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$40.23K | +1.24% |
| Total Change | CA$- | 1.25% |
Book Value vs Market Value Analysis
This analysis compares Pine Trail 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
- Current price-to-book ratio: 0.38x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.00x to 0.38x 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 | CA$0.02 | CA$0.04 | x |
| 2018-12-31 | CA$0.08 | CA$0.04 | x |
| 2019-12-31 | CA$0.07 | CA$0.04 | x |
| 2020-12-31 | CA$0.08 | CA$0.04 | x |
| 2021-12-31 | CA$0.10 | CA$0.04 | x |
| 2022-12-31 | CA$0.09 | CA$0.04 | x |
| 2023-12-31 | CA$0.09 | CA$0.04 | x |
| 2024-12-31 | CA$0.09 | CA$0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pine Trail Real Estate Investment Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.53%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.09x
- Recent ROE (1.24%) is below the historical average (2.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -6.85% | -309.23% | 0.02x | 1.15x | CA$-460.76K |
| 2019 | 0.34% | 2.20% | 0.13x | 1.19x | CA$-248.43K |
| 2020 | 5.52% | 36.38% | 0.13x | 1.14x | CA$-120.37K |
| 2021 | 22.22% | 187.11% | 0.11x | 1.11x | CA$422.09K |
| 2022 | -4.11% | -34.01% | 0.11x | 1.09x | CA$-465.35K |
| 2023 | 1.43% | 12.45% | 0.11x | 1.09x | CA$-275.62K |
| 2024 | 1.24% | 11.53% | 0.10x | 1.09x | CA$-285.46K |
Industry Comparison
This section compares Pine Trail Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Healthcare Facilities industry.
Industry Context
- Industry: REIT - Healthcare Facilities
- Average net assets among peers: $3,085,268,000
- Average return on equity (ROE) among peers: -11.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pine Trail Real Estate Investment Trust (PINE-UN) | CA$3.30 Million | -6.85% | 0.09x | $731.95K |
| NorthWest Healthcare Properties Real Estate Investment Trust (NWH-UN) | $3.09 Billion | -11.27% | 1.47x | $849.29 Million |