Spear REIT Ltd
Spear REIT Limited listed as a Real Estate Investment Trust on the main board of the Johannesburg Stock Exchange and is the only regionally focused REIT listed on the JSE that invests in high-quality income generating assets in the Western Cape. Spear obtains its diversification through asset type rather than geographical investment. The company conducts its business directly and through a few su… Read more
Spear REIT Ltd (SEA) - Total Assets
Latest total assets as of August 2025: ZAC6.52 Billion ZAC
Based on the latest financial reports, Spear REIT Ltd (SEA) holds total assets worth ZAC6.52 Billion ZAC as of August 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Spear REIT Ltd - Total Assets Trend (2017–2025)
This chart illustrates how Spear REIT Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spear REIT Ltd - Asset Composition Analysis
Current Asset Composition (February 2025)
Spear REIT Ltd's total assets of ZAC6.52 Billion consist of 3.7% current assets and 96.3% non-current assets.
| Asset Category | Amount (ZAC) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ZAC0.00 | 1.3% |
| Accounts Receivable | ZAC15.82 Million | 0.3% |
| Inventory | ZAC100.00 Million | 1.8% |
| Property, Plant & Equipment | ZAC0.00 | 0.0% |
| Intangible Assets | ZAC0.00 | 0.0% |
| Goodwill | ZAC0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Spear REIT Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Spear REIT Ltd's current assets represent 3.7% of total assets in 2025, an increase from 2.8% in 2017.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2025, up from 0.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 1.8% of total assets.
Spear REIT Ltd Competitors by Total Assets
Key competitors of Spear REIT Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Global Net Lease Inc. 7.50% Cum. Redeem. Pfd. Series D
NYSE:GNL-PD
|
USA | $4.77 Billion |
|
Jr Global Reit
KO:348950
|
Korea | ₩2.78 Trillion |
|
Ktop Reit
KO:145270
|
Korea | ₩207.84 Billion |
|
Warehouses Estates Belgium SCA
BR:WEB
|
Belgium | €346.33 Million |
|
E KOCREF CR REIT
KO:088260
|
Korea | ₩668.70 Billion |
|
Korea Asset In Trust Co Ltd
KO:123890
|
Korea | ₩1.75 Trillion |
|
Atland S.A.
PA:ATLD
|
France | €380.86 Million |
|
PARADIGM REAL ESTATE INVESTMENT TRUST
KLSE:5338
|
Malaysia | RM2.60 Billion |
Spear REIT Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Spear REIT Ltd generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Spear REIT Ltd generates $9.31 in net profit.
Spear REIT Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.32 | 1.41 | 0.20 |
| Quick Ratio | 0.16 | 0.14 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ZAC-447.78 Million | ZAC 142.77 Million | ZAC -187.97 Million |
Spear REIT Ltd - Advanced Valuation Insights
This section examines the relationship between Spear REIT Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.07 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 20.6% |
| Total Assets | ZAC5.64 Billion |
| Market Capitalization | $2.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spear REIT Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Spear REIT Ltd's assets grew by 20.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Spear REIT Ltd (2017–2025)
The table below shows the annual total assets of Spear REIT Ltd from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | ZAC5.64 Billion | +20.57% |
| 2024-02-29 | ZAC4.68 Billion | +9.91% |
| 2023-02-28 | ZAC4.26 Billion | -6.04% |
| 2022-02-28 | ZAC4.53 Billion | -1.17% |
| 2021-02-28 | ZAC4.58 Billion | +6.56% |
| 2020-02-29 | ZAC4.30 Billion | +9.83% |
| 2019-02-28 | ZAC3.92 Billion | +21.36% |
| 2018-02-28 | ZAC3.23 Billion | +116.09% |
| 2017-02-28 | ZAC1.49 Billion | -- |