Global Medical REIT Inc.
Global Medical REIT Inc. (the "Company") is a Maryland corporation and internally managed real estate investment trust ("REIT") that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. The Company holds its facilities and conducts its operations through a Delaware limited partnership subsidiary, Global Medical REIT L.P. (the… Read more
Global Medical REIT Inc. (GMRE) - Total Assets
Latest total assets as of September 2025: $1.27 Billion USD
Based on the latest financial reports, Global Medical REIT Inc. (GMRE) holds total assets worth $1.27 Billion USD as of September 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.
Global Medical REIT Inc. - Total Assets Trend (2011–2024)
This chart illustrates how Global Medical REIT Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Global Medical REIT Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Global Medical REIT Inc.'s total assets of $1.27 Billion consist of 1.4% current assets and 98.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| Accounts Receivable | $7.69 Million | 0.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $54.07 Million | 4.3% |
| Goodwill | $5.90 Million | 0.5% |
Asset Composition Trend (2011–2024)
This chart illustrates how Global Medical REIT Inc.'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: Global Medical REIT Inc.'s current assets represent 1.4% of total assets in 2024, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2024, down from 86.3% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is intangible assets at 4.3% of total assets.
Global Medical REIT Inc. Competitors by Total Assets
Key competitors of Global Medical REIT Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Al Aqar Healthcare Reit
KLSE:5116
|
Malaysia | RM1.85 Billion |
|
Aedifica SA
PINK:AEDFF
|
USA | $6.48 Billion |
|
American Healthcare REIT, Inc.
NYSE:AHR
|
USA | $4.77 Billion |
|
Assura Plc
PINK:ARSSF
|
USA | $3.28 Billion |
|
Cofinimmo SA/NV
PINK:CFMOF
|
USA | $6.43 Billion |
|
Community Healthcare Trust Inc
NYSE:CHCT
|
USA | $990.76 Million |
|
Care Property Invest NV
BR:CPINV
|
Belgium | €1.39 Billion |
|
Care REIT plc
LSE:CRT
|
UK | GBX667.29 Million |
Global Medical REIT Inc. - 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 - Global Medical REIT Inc. generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Global Medical REIT Inc. generates $ 0.53 in net profit.
Global Medical REIT Inc. - 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 | 0.53 | 0.03 | 0.04 |
| Quick Ratio | 0.53 | 0.03 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-16.54 Million | $ -631.08 Million | $ -520.12 Million |
Global Medical REIT Inc. - Advanced Valuation Insights
This section examines the relationship between Global Medical REIT Inc.'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 | 1.18 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | -0.9% |
| Total Assets | $1.26 Billion |
| Market Capitalization | $440.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Global Medical REIT Inc.'s assets below their book value (0.35 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Global Medical REIT Inc.'s assets decreased by 0.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Global Medical REIT Inc. (2011–2024)
The table below shows the annual total assets of Global Medical REIT Inc. from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.26 Billion | -0.88% |
| 2023-12-31 | $1.27 Billion | -9.01% |
| 2022-12-31 | $1.39 Billion | +10.27% |
| 2021-12-31 | $1.26 Billion | +14.77% |
| 2020-12-31 | $1.10 Billion | +24.41% |
| 2019-12-31 | $884.93 Million | +39.12% |
| 2018-12-31 | $636.10 Million | +34.04% |
| 2017-12-31 | $474.57 Million | +108.77% |
| 2016-12-31 | $227.32 Million | +247.96% |
| 2015-12-31 | $65.33 Million | +193.68% |
| 2014-12-31 | $22.24 Million | +632032.96% |
| 2013-12-31 | $3.52K | -71.42% |
| 2012-12-31 | $12.31K | -77.58% |
| 2011-12-31 | $54.92K | -- |