SmartCentres Real Estate Investment Trust (SRU-UN) — Tangible Net Worth Ratio
SmartCentres Real Estate Investment Trust (SRU-UN) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$6.29 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. See SmartCentres Real Estate Investment Trus (SRU-UN) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SmartCentres Real Estate Investment Trust Tangible Net Worth Ratio (1998–2024)
This chart shows how SmartCentres Real Estate Investment Trust's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$6.29 Billion with intangible assets of CA$0.00 CAD. See SmartCentres Real Estate Investment Trus defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for SmartCentres Real Estate Investment Trust (1998–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for SmartCentres Real Estate Investment Trust from 1998 to 2024, covering 27 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. For the full company profile including market capitalisation, see SRU-UN stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.6% | CA$6.34 Billion | CA$27.17 Million | CA$11.94 Billion | ▲ +0.0 pp |
| 2023 | 99.6% | CA$6.36 Billion | CA$28.50 Million | CA$11.91 Billion | ▲ +0.0 pp |
| 2022 | 99.5% | CA$6.16 Billion | CA$29.83 Million | CA$11.70 Billion | ▲ +0.0 pp |
| 2021 | 99.5% | CA$5.84 Billion | CA$31.16 Million | CA$11.29 Billion | ▲ +0.1 pp |
| 2020 | 99.4% | CA$5.17 Billion | CA$32.49 Million | CA$10.72 Billion | ▲ +0.0 pp |
| 2019 | 99.4% | CA$5.37 Billion | CA$33.82 Million | CA$9.93 Billion | ▲ +0.1 pp |
| 2018 | 99.3% | CA$5.01 Billion | CA$35.15 Million | CA$9.46 Billion | ▲ +0.1 pp |
| 2017 | 99.2% | CA$4.83 Billion | CA$36.48 Million | CA$9.38 Billion | ▲ +0.1 pp |
| 2016 | 99.2% | CA$4.66 Billion | CA$37.82 Million | CA$8.74 Billion | ▲ +0.1 pp |
| 2015 | 99.1% | CA$4.48 Billion | CA$39.15 Million | CA$8.51 Billion | ▼ -0.8 pp |
| 2014 | 100.0% | CA$3.91 Billion | CA$1.58 Million | CA$7.11 Billion | ▲ +0.0 pp |
| 2013 | 99.9% | CA$3.80 Billion | CA$1.98 Million | CA$7.07 Billion | ▲ +0.0 pp |
| 2012 | 99.9% | CA$3.64 Billion | CA$2.35 Million | CA$6.48 Billion | ▼ -0.1 pp |
| 2011 | 100.0% | CA$2.55 Billion | CA$0.00 | CA$5.96 Billion | ▲ +2.4 pp |
| 2010 | 97.6% | CA$1.55 Billion | CA$37.49 Million | CA$4.37 Billion | ▲ +16.8 pp |
| 2009 | 80.8% | CA$1.37 Billion | CA$263.72 Million | CA$4.24 Billion | ▲ +1.1 pp |
| 2008 | 79.6% | CA$1.44 Billion | CA$292.46 Million | CA$4.19 Billion | ▲ +0.4 pp |
| 2007 | 79.3% | CA$1.43 Billion | CA$296.39 Million | CA$3.89 Billion | ▲ +7.8 pp |
| 2006 | 71.5% | CA$1.49 Billion | CA$426.20 Million | CA$3.58 Billion | ▼ -3.8 pp |
| 2005 | 75.3% | CA$1.06 Billion | CA$261.49 Million | CA$2.56 Billion | ▼ -0.9 pp |
| 2004 | 76.2% | CA$391.51 Million | CA$93.06 Million | CA$1.01 Billion | ▼ -23.8 pp |
| 2003 | 100.0% | CA$106.05 Million | CA$0.00 | CA$228.91 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$51.29 Million | CA$0.00 | CA$108.72 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$1.36 Million | CA$0.00 | CA$6.03 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$973.11K | CA$0.00 | CA$7.63 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$868.06K | CA$0.00 | CA$6.68 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$780.10K | CA$0.00 | CA$2.84 Million | — |