Primaris Retail R.E. Invest. Tr. Units
Primaris Real Estate Investment Trust is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.2 million square feet, valued at approximately $5.2 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-servic… Read more
Primaris Retail R.E. Invest. Tr. Units (PMZ-UN) - Total Assets
Latest total assets as of December 2025: CA$5.28 Billion CAD
Based on the latest financial reports, Primaris Retail R.E. Invest. Tr. Units (PMZ-UN) holds total assets worth CA$5.28 Billion CAD 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.
Primaris Retail R.E. Invest. Tr. Units - Total Assets Trend (2003–2025)
This chart illustrates how Primaris Retail R.E. Invest. Tr. Units’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Primaris Retail R.E. Invest. Tr. Units - Asset Composition Analysis
Current Asset Composition (December 2025)
Primaris Retail R.E. Invest. Tr. Units's total assets of CA$5.28 Billion consist of 4.7% current assets and 95.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.7% |
| Accounts Receivable | CA$38.82 Million | 0.7% |
| 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 (2003–2025)
This chart illustrates how Primaris Retail R.E. Invest. Tr. Units'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: Primaris Retail R.E. Invest. Tr. Units's current assets represent 4.7% of total assets in 2025, an increase from 1.8% in 2003.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2025, up from 0.1% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Primaris Retail R.E. Invest. Tr. Units Competitors by Total Assets
Key competitors of Primaris Retail R.E. Invest. Tr. Units based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lotte Reit Co Ltd
KO:330590
|
Korea | ₩2.62 Trillion |
|
Panora Gayrimenkul Yatirim Ortakligi AS
IS:PAGYO
|
Turkey | TL15.01 Billion |
|
Qrf Comm. VA
F:2QR
|
Germany | €228.00 Million |
|
Mastern Premier REIT 1 Co. Ltd.
KO:357430
|
Korea | ₩152.85 Billion |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
Malaysia | RM9.83 Billion |
|
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 |
Primaris Retail R.E. Invest. Tr. Units - 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 - Primaris Retail R.E. Invest. Tr. Units generates 0.12x 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, Primaris Retail R.E. Invest. Tr. Units generates $ 3.47 in net profit.
Primaris Retail R.E. Invest. Tr. Units - 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 | 1.62 | 2.41 | 0.04 |
| Quick Ratio | 1.62 | 2.41 | 0.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$93.74 Million | CA$ 243.00 Million | CA$ -771.42 Million |
Primaris Retail R.E. Invest. Tr. Units - Advanced Valuation Insights
This section examines the relationship between Primaris Retail R.E. Invest. Tr. Units'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 | 0.81 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | 23.8% |
| Total Assets | CA$5.28 Billion |
| Market Capitalization | $1.41 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Primaris Retail R.E. Invest. Tr. Units's assets below their book value (0.27 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Primaris Retail R.E. Invest. Tr. Units's assets grew by 23.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Primaris Retail R.E. Invest. Tr. Units (2003–2025)
The table below shows the annual total assets of Primaris Retail R.E. Invest. Tr. Units from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$5.28 Billion | +23.81% |
| 2024-12-31 | CA$4.27 Billion | +9.43% |
| 2023-12-31 | CA$3.90 Billion | +21.80% |
| 2022-12-31 | CA$3.20 Billion | -1.42% |
| 2021-12-31 | CA$3.25 Billion | +52.13% |
| 2020-12-31 | CA$2.13 Billion | -21.87% |
| 2019-12-31 | CA$2.73 Billion | +0.27% |
| 2018-12-31 | CA$2.73 Billion | -35.39% |
| 2012-12-31 | CA$4.22 Billion | +17.48% |
| 2011-12-31 | CA$3.59 Billion | +82.45% |
| 2010-12-31 | CA$1.97 Billion | +6.02% |
| 2009-12-31 | CA$1.86 Billion | +15.36% |
| 2008-12-31 | CA$1.61 Billion | -2.08% |
| 2007-12-31 | CA$1.64 Billion | +17.18% |
| 2006-12-31 | CA$1.40 Billion | +17.45% |
| 2005-12-31 | CA$1.19 Billion | +58.08% |
| 2004-12-31 | CA$755.22 Million | +49.60% |
| 2003-12-31 | CA$504.84 Million | -- |