Artis Real Estate Investment Trust (AX-UN) - Total Assets
Based on the latest financial reports, Artis Real Estate Investment Trust (AX-UN) holds total assets worth CA$2.60 Billion CAD (≈ $1.88 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. See net assets of Artis Real Estate Investment Trust for net asset value and shareholders' equity analysis.
Artis Real Estate Investment Trust - Total Assets Trend (2004–2024)
This chart illustrates how Artis Real Estate Investment Trust's total assets have evolved over time, based on quarterly financial data.
Artis Real Estate Investment Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
Artis Real Estate Investment Trust's total assets of CA$2.60 Billion consist of 9.3% current assets and 90.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.2% |
| Accounts Receivable | CA$14.59 Million | 0.5% |
| Inventory | CA$202.81 Million | 7.2% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Artis Real Estate Investment Trust'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. For live market cap, price, and company overview, see AX-UN company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Artis Real Estate Investment Trust's current assets represent 9.3% of total assets in 2024, a decrease from 29.1% in 2004.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2024, down from 29.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 7.2% of total assets.
Artis Real Estate Investment Trust Competitors by Total Assets
Key competitors of Artis Real Estate Investment Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zambal Spain Socimi SA
MC:YZBL
|
Spain | €868.83 Million |
|
Pasifik Gayrimenkul Yatirim Ortakligi AS
IS:PSGYO
|
Turkey | TL64.03 Billion |
|
Silicius Real Estate SOCIMI S.A.
MC:YSIL
|
Spain | €582.36 Million |
|
One Liberty Properties Inc
NYSE:OLP
|
USA | $857.57 Million |
|
Warehouses Estates Belgium SCA
BR:WEB
|
Belgium | €346.33 Million |
|
NH All One REIT Co Ltd
KO:400760
|
Korea | ₩928.79 Billion |
|
Torimbia Socimi S.A.
MC:YTRM
|
Spain | €135.26 Million |
|
Seker Gayrimenkul Yatirim Ortakligi A.S.
IS:SEGYO
|
Turkey | TL8.10 Billion |
Artis Real Estate Investment Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.75 | 0.46 | 0.20 |
| Quick Ratio | 0.16 | 0.16 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-128.10 Million | CA$-366.75 Million | CA$-704.04 Million |
Artis Real Estate Investment Trust - Advanced Valuation Insights
This section examines the relationship between Artis Real Estate Investment Trust'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 | 0.69 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | -24.9% |
| Total Assets | CA$2.80 Billion |
| Market Capitalization | $851.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Artis Real Estate Investment Trust's assets below their book value (0.30x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Artis Real Estate Investment Trust's assets decreased by 24.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Artis Real Estate Investment Trust (2004–2024)
The table below shows the annual total assets of Artis Real Estate Investment Trust from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$2.80 Billion ≈ $2.03 Billion |
-24.95% |
| 2023-12-31 | CA$3.74 Billion ≈ $2.70 Billion |
-17.98% |
| 2022-12-31 | CA$4.55 Billion ≈ $3.29 Billion |
-0.48% |
| 2021-12-31 | CA$4.58 Billion ≈ $3.31 Billion |
-5.84% |
| 2020-12-31 | CA$4.86 Billion ≈ $3.52 Billion |
-8.82% |
| 2019-12-31 | CA$5.33 Billion ≈ $3.86 Billion |
-6.77% |
| 2018-12-31 | CA$5.72 Billion ≈ $4.14 Billion |
+9.61% |
| 2017-12-31 | CA$5.22 Billion ≈ $3.77 Billion |
-5.04% |
| 2016-12-31 | CA$5.49 Billion ≈ $3.97 Billion |
-0.32% |
| 2015-12-31 | CA$5.51 Billion ≈ $3.99 Billion |
+0.57% |
| 2014-12-31 | CA$5.48 Billion ≈ $3.96 Billion |
+8.66% |
| 2013-12-31 | CA$5.04 Billion ≈ $3.65 Billion |
+15.06% |
| 2012-12-31 | CA$4.38 Billion ≈ $3.17 Billion |
+38.34% |
| 2011-12-31 | CA$3.17 Billion ≈ $2.29 Billion |
+47.33% |
| 2010-12-31 | CA$2.15 Billion ≈ $1.56 Billion |
+80.64% |
| 2009-12-31 | CA$1.19 Billion ≈ $860.98 Million |
-4.35% |
| 2008-12-31 | CA$1.24 Billion ≈ $900.10 Million |
+5.77% |
| 2007-12-31 | CA$1.18 Billion ≈ $851.02 Million |
+138.66% |
| 2006-12-31 | CA$492.94 Million ≈ $356.59 Million |
+80.39% |
| 2005-12-31 | CA$273.27 Million ≈ $197.68 Million |
+2322.68% |
| 2004-12-31 | CA$11.28 Million ≈ $8.16 Million |
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About Artis Real Estate Investment Trust
Artis is a diversified commercial real estate investment trust and is an unincorporated closed-end real estate investment trust, created under, and governed by, the laws of the Province of Manitoba. The REIT was created pursuant to the Declaration of Trust dated November 8, 2004, as most recently amended and restated on December 19, 2021 (the Declaration of Trust). Certain of the REIT's securitie… Read more