Smart REIT
SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 197 strategically located properties in communities across the country. SmartCentres has approximately $12.1 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage prop… Read more
Smart REIT (CWYUF) - Total Assets
Latest total assets as of December 2025: $12.14 Billion USD
Based on the latest financial reports, Smart REIT (CWYUF) holds total assets worth $12.14 Billion USD as of December 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.
Smart REIT - Total Assets Trend (1998–2025)
This chart illustrates how Smart REIT’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Smart REIT - Asset Composition Analysis
Current Asset Composition (December 2025)
Smart REIT's total assets of $12.14 Billion consist of 2.8% current assets and 97.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $254.90 Million | 2.1% |
| Inventory | $21.15 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $25.83 Million | 0.2% |
| Goodwill | $13.98 Million | 0.1% |
Asset Composition Trend (1998–2025)
This chart illustrates how Smart REIT'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: Smart REIT's current assets represent 2.8% of total assets in 2025, a decrease from 6.6% in 1998.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2025, down from 5.8% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 2.1% of total assets.
Smart REIT Competitors by Total Assets
Key competitors of Smart REIT based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Qrf Comm. VA
F:2QR
|
Germany | €228.00 Million |
|
Mastern Premier REIT 1 Co. Ltd.
KO:357430
|
Korea | ₩152.85 Billion |
|
Lotte Reit Co Ltd
KO:330590
|
Korea | ₩2.62 Trillion |
|
Hektar Real Estate Investment Trust
KLSE:5121
|
Malaysia | RM1.45 Billion |
|
Sunway Real Estate Investment Trust
KLSE:5176
|
Malaysia | RM10.66 Billion |
|
CapitaLand Malaysia Mall Trust
KLSE:5180
|
Malaysia | RM5.62 Billion |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
Malaysia | RM9.83 Billion |
|
KIP Real Estate Investment Trust
KLSE:5280
|
Malaysia | RM1.75 Billion |
Smart REIT - 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 - Smart REIT generates 0.08x 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, Smart REIT generates $ 2.07 in net profit.
Smart REIT - 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 | 0.26 | 0.11 | 0.87 |
| Quick Ratio | 0.24 | 0.09 | 0.83 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-969.70 Million | $ -1.36 Billion | $ -95.52 Million |
Smart REIT - Advanced Valuation Insights
This section examines the relationship between Smart REIT'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 | 0.86 |
| Latest Market Cap to Assets Ratio | 0.18 |
| Asset Growth Rate (YoY) | 1.7% |
| Total Assets | $12.14 Billion |
| Market Capitalization | $2.24 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Smart REIT's assets below their book value (0.18 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Smart REIT's assets grew by 1.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Smart REIT (1998–2025)
The table below shows the annual total assets of Smart REIT from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $12.14 Billion | +1.69% |
| 2024-12-31 | $11.94 Billion | +0.29% |
| 2023-12-31 | $11.91 Billion | +1.74% |
| 2022-12-31 | $11.70 Billion | +3.62% |
| 2021-12-31 | $11.29 Billion | +5.30% |
| 2020-12-31 | $10.72 Billion | +8.02% |
| 2019-12-31 | $9.93 Billion | +4.96% |
| 2018-12-31 | $9.46 Billion | +0.85% |
| 2017-12-31 | $9.38 Billion | +7.34% |
| 2016-12-31 | $8.74 Billion | +2.75% |
| 2015-12-31 | $8.51 Billion | +19.66% |
| 2014-12-31 | $7.11 Billion | +0.51% |
| 2013-12-31 | $7.07 Billion | +9.12% |
| 2012-12-31 | $6.48 Billion | +8.81% |
| 2011-12-31 | $5.96 Billion | +36.17% |
| 2010-12-31 | $4.37 Billion | +3.23% |
| 2009-12-31 | $4.24 Billion | +1.01% |
| 2008-12-31 | $4.19 Billion | +7.72% |
| 2007-12-31 | $3.89 Billion | +8.65% |
| 2006-12-31 | $3.58 Billion | +39.77% |
| 2005-12-31 | $2.56 Billion | +152.71% |
| 2004-12-31 | $1.01 Billion | +343.23% |
| 2003-12-31 | $228.91 Million | +110.56% |
| 2002-12-31 | $108.72 Million | +1750.82% |
| 2001-12-31 | $5.87 Million | -22.32% |
| 2000-12-31 | $7.56 Million | +74.37% |
| 1999-12-31 | $4.34 Million | +52.74% |
| 1998-12-31 | $2.84 Million | -- |