Granite Real Estate Investment Trust (GRT-UN) — Tangible Net Worth Ratio
Granite Real Estate Investment Trust (GRT-UN) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$5.64 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Granite Real Estate Investment Trust net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Granite Real Estate Investment Trust Tangible Net Worth Ratio (2000–2025)
This chart shows how Granite Real Estate Investment Trust's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$5.64 Billion with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see Granite Real Estate Investment Trust market cap and net worth.
Annual Tangible Net Worth Ratio for Granite Real Estate Investment Trust (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Granite Real Estate Investment Trust from 2000 to 2025, covering 26 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore reinvestment intensity of Granite Real Estate Investment Trust to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$5.52 Billion | CA$0.00 | CA$9.73 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | CA$5.74 Billion | CA$0.00 | CA$9.62 Billion | ▼ -2.1 pp |
| 2023 | 102.1% | CA$5.28 Billion | CA$-109.88 Million | CA$9.07 Billion | ▼ -0.7 pp |
| 2022 | 102.8% | CA$5.48 Billion | CA$-152.48 Million | CA$9.28 Billion | ▲ +1.5 pp |
| 2021 | 101.3% | CA$5.32 Billion | CA$-67.22 Million | CA$8.57 Billion | ▲ +0.4 pp |
| 2020 | 100.9% | CA$3.92 Billion | CA$-33.41 Million | CA$6.75 Billion | ▲ +0.2 pp |
| 2019 | 100.7% | CA$3.15 Billion | CA$-20.94 Million | CA$4.80 Billion | ▲ +0.7 pp |
| 2018 | 100.0% | CA$2.50 Billion | CA$0.00 | CA$4.19 Billion | ▲ +0.1 pp |
| 2017 | 99.9% | CA$2.14 Billion | CA$2.31 Million | CA$3.21 Billion | ▼ -0.1 pp |
| 2016 | 99.9% | CA$1.95 Billion | CA$1.07 Million | CA$2.91 Billion | ▼ -0.1 pp |
| 2015 | 100.0% | CA$1.86 Billion | CA$0.00 | CA$2.73 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | CA$1.64 Billion | CA$0.00 | CA$2.45 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | CA$1.68 Billion | CA$0.00 | CA$2.47 Billion | ▲ +1.0 pp |
| 2012 | 99.0% | CA$877.00 Million | CA$8.90 Million | CA$1.22 Billion | ▼ -1.0 pp |
| 2011 | 100.0% | CA$912.82 Million | CA$0.00 | CA$1.25 Billion | ▲ +1.7 pp |
| 2010 | 98.3% | CA$1.49 Billion | CA$24.76 Million | CA$1.94 Billion | ▼ -1.7 pp |
| 2009 | 100.0% | CA$1.66 Billion | CA$0.00 | CA$2.01 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | CA$2.01 Billion | CA$0.00 | CA$3.14 Billion | ▲ +5.8 pp |
| 2007 | 94.2% | CA$1.87 Billion | CA$108.81 Million | CA$2.87 Billion | ▲ +0.1 pp |
| 2006 | 94.1% | CA$2.16 Billion | CA$128.06 Million | CA$3.29 Billion | ▲ +0.2 pp |
| 2005 | 93.9% | CA$2.08 Billion | CA$127.60 Million | CA$3.33 Billion | ▲ +6.3 pp |
| 2004 | 87.5% | CA$2.33 Billion | CA$289.59 Million | CA$3.65 Billion | ▼ -0.1 pp |
| 2003 | 87.7% | CA$2.48 Billion | CA$306.16 Million | CA$3.41 Billion | ▼ -12.3 pp |
| 2002 | 100.0% | CA$2.73 Billion | CA$0.00 | CA$3.65 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | CA$2.09 Billion | CA$0.00 | CA$2.64 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | CA$1.95 Billion | CA$0.00 | CA$2.34 Billion | — |