True North Commercial Real Estate Investment Trust Tangible Net Worth Ratio
True North Commercial Real Estate Investment Trust tangible net worth ratio. True North Commercial Real Estate Investment Trust (TNT-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$392.82 Million) 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. Check TNT-UN strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of True North Commercial Real Estate Investment Trust (2013–2024)
Tangible net worth ratio of True North Commercial Real Estate Investment Trust from 2013 to 2024. This chart shows how True North Commercial Real Estate Investment Trust's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$392.82 Million with intangible assets of CA$0.00 CAD. See TNT-UN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
True North Commercial Real Estate Investment Trust Tangible Net Worth Ratio by Year (2013–2024)
True North Commercial Real Estate Investment Trust tangible net worth ratio by year from 2013 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for True North Commercial Real Estate Investment Trust from 2013 to 2024, covering 12 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 live market cap and overall valuation, see TNT-UN market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$416.00 Million | CA$0.00 | CA$1.24 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$452.80 Million | CA$0.00 | CA$1.32 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | CA$522.14 Million | CA$0.00 | CA$1.45 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | CA$540.07 Million | CA$0.00 | CA$1.42 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | CA$525.21 Million | CA$0.00 | CA$1.40 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | CA$527.33 Million | CA$0.00 | CA$1.38 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | CA$363.09 Million | CA$0.00 | CA$939.35 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$248.20 Million | CA$0.00 | CA$674.44 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$167.67 Million | CA$0.00 | CA$456.47 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$110.55 Million | CA$0.00 | CA$347.01 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$102.36 Million | CA$0.00 | CA$317.97 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$54.31 Million | CA$0.00 | CA$184.47 Million | — |