European Residential Real Estate Investment Trust
ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands. As at September 30, 2025, ERES owned 1,033 residential suites and ancillary retail space located in … Read more
European Residential Real Estate Investment Trust (ERE-UN) - Total Assets
Latest total assets as of June 2025: CA$729.73 Million CAD
Based on the latest financial reports, European Residential Real Estate Investment Trust (ERE-UN) holds total assets worth CA$729.73 Million CAD as of June 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.
European Residential Real Estate Investment Trust - Total Assets Trend (2016–2024)
This chart illustrates how European Residential Real Estate Investment Trust’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
European Residential Real Estate Investment Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
European Residential Real Estate Investment Trust's total assets of CA$729.73 Million consist of 9.0% current assets and 91.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.9% |
| Accounts Receivable | CA$2.94 Million | 0.3% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how European Residential 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: European Residential Real Estate Investment Trust's current assets represent 9.0% of total assets in 2024, a decrease from 91.5% in 2016.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 61.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
European Residential Real Estate Investment Trust Competitors by Total Assets
Key competitors of European Residential Real Estate Investment Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Igis Residence Reit Co Ltd
KO:350520
|
Korea | ₩415.50 Billion |
|
Kwang Hee Self-Administered Real Estate
KO:140910
|
Korea | ₩81.58 Billion |
|
Xior Student Housing BVBA
F:5XR
|
Germany | €3.70 Billion |
|
Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi
IS:ADGYO
|
Turkey | TL6.44 Billion |
|
Apartment Investment and Management Co
NYSE:AIV
|
USA | $1.68 Billion |
|
Alliance Developpement Capital SIIC SE
PA:ALDV
|
France | €69.19 Million |
|
American Homes 4 Rent
NYSE:AMH
|
USA | $13.25 Billion |
|
BSR Real Estate Investment Trust
PINK:BSRTF
|
USA | $1.42 Billion |
European Residential Real Estate Investment Trust - 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 - European Residential Real Estate Investment Trust generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - European Residential Real Estate Investment Trust is currently not profitable relative to its asset base.
European Residential 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 | 1.47 | 0.27 | 1.04 |
| Quick Ratio | 1.47 | 0.27 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$122.74 Million | CA$ -325.22 Million | CA$ 1.94 Million |
European Residential Real Estate Investment Trust - Advanced Valuation Insights
This section examines the relationship between European Residential 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 | 0.54 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -49.8% |
| Total Assets | CA$865.37 Million |
| Market Capitalization | $65.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values European Residential Real Estate Investment Trust's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: European Residential Real Estate Investment Trust's assets decreased by 49.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for European Residential Real Estate Investment Trust (2016–2024)
The table below shows the annual total assets of European Residential Real Estate Investment Trust from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$865.37 Million | -49.77% |
| 2023-12-31 | CA$1.72 Billion | -11.15% |
| 2022-12-31 | CA$1.94 Billion | +2.72% |
| 2021-12-31 | CA$1.89 Billion | +25.93% |
| 2020-12-31 | CA$1.50 Billion | +8.05% |
| 2019-12-31 | CA$1.39 Billion | +1328.50% |
| 2018-12-31 | CA$97.11 Million | +5.11% |
| 2017-12-31 | CA$92.39 Million | +2416.04% |
| 2016-12-31 | CA$3.67 Million | -- |