True North Commercial Real Estate Investment Trust (TNT-UN) - Total Assets
Based on the latest financial reports, True North Commercial Real Estate Investment Trust (TNT-UN) holds total assets worth CA$1.20 Billion CAD (≈ $869.82 Million 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. Explore True North Commercial Real Estate Invest debt service capacity to assess how comfortably operating cash covers total debt obligations.
True North Commercial Real Estate Investment Trust - Total Assets Trend (2012–2024)
This chart illustrates how True North Commercial Real Estate Investment Trust's total assets have evolved over time, based on quarterly financial data. See net assets of True North Commercial Real Estate Invest for net asset value and shareholders' equity analysis.
True North Commercial Real Estate Investment Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
True North Commercial Real Estate Investment Trust's total assets of CA$1.20 Billion consist of 6.4% current assets and 93.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.0% |
| Accounts Receivable | CA$4.53 Million | 0.4% |
| Inventory | CA$59.09 Million | 4.8% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how True North Commercial 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 True North Commercial Real Estate Invest (TNT-UN) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: True North Commercial Real Estate Investment Trust's current assets represent 6.4% of total assets in 2024, a decrease from 6.8% in 2012.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 5.8% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 4.8% of total assets.
True North Commercial Real Estate Investment Trust Competitors by Total Assets
Key competitors of True North Commercial Real Estate Investment Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha REIT Co. Ltd.
KO:451800
|
Korea | ₩1.54 Trillion |
|
BTB Real Estate Investment Trust
TO:BTB-UN
|
Canada | CA$1.24 Billion |
|
Net Lease Office Properties
NYSE:NLOP
|
USA | $257.98 Million |
|
Empire State Realty OP LP ES
NYSE:ESBA
|
USA | $4.41 Billion |
|
WHA Business Complex Freehold and Leasehold Real Estate Investment Trust
BK:WHABT
|
Thailand | ฿2.86 Billion |
|
Australian Unity Office Fund
AU:AOF
|
Australia | AU$70.61 Million |
|
Acanthe Développement
PA:ACAN
|
France | €133.12 Million |
|
Dexus
AU:DXS
|
Australia | AU$15.31 Billion |
True North Commercial Real Estate Investment Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.26 | 0.23 | 0.38 |
| Quick Ratio | 0.07 | 0.05 | 0.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-169.42 Million | CA$-268.47 Million | CA$-46.99 Million |
True North Commercial Real Estate Investment Trust - Advanced Valuation Insights
This section examines the relationship between True North Commercial 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 | 0.31 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -6.3% |
| Total Assets | CA$1.24 Billion |
| Market Capitalization | $89.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values True North Commercial Real Estate Investment Trust's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: True North Commercial Real Estate Investment Trust's assets decreased by 6.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for True North Commercial Real Estate Investment Trust (2012–2024)
The table below shows the annual total assets of True North Commercial Real Estate Investment Trust from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.24 Billion ≈ $897.16 Million |
-6.30% |
| 2023-12-31 | CA$1.32 Billion ≈ $957.52 Million |
-8.73% |
| 2022-12-31 | CA$1.45 Billion ≈ $1.05 Billion |
+2.05% |
| 2021-12-31 | CA$1.42 Billion ≈ $1.03 Billion |
+1.16% |
| 2020-12-31 | CA$1.40 Billion ≈ $1.02 Billion |
+2.13% |
| 2019-12-31 | CA$1.38 Billion ≈ $995.06 Million |
+46.44% |
| 2018-12-31 | CA$939.35 Million ≈ $679.51 Million |
+39.28% |
| 2017-12-31 | CA$674.44 Million ≈ $487.88 Million |
+47.75% |
| 2016-12-31 | CA$456.47 Million ≈ $330.20 Million |
+31.54% |
| 2015-12-31 | CA$347.01 Million ≈ $251.02 Million |
+9.14% |
| 2014-12-31 | CA$317.97 Million ≈ $230.01 Million |
+72.37% |
| 2013-12-31 | CA$184.47 Million ≈ $133.44 Million |
+1081.04% |
| 2012-12-31 | CA$15.62 Million ≈ $11.30 Million |
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About True North Commercial Real Estate Investment Trust
True North Commercial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. The REIT currently owns and operates a portfolio of 38 commercial properties consisting of approximately 4.5 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit rated tenants. The REIT is focused on … Read more