Nova Net Lease REIT
Nova Net Lease REIT (the REIT) was formed on July 27, 2021, as a newly created, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario, where one unit of the REIT was issued for $10 in cash.
Nova Net Lease REIT (NNLRF) - Total Liabilities
Latest total liabilities as of September 2024: $3.40 Million USD
Based on the latest financial reports, Nova Net Lease REIT (NNLRF) has total liabilities worth $3.40 Million USD as of September 2024.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Nova Net Lease REIT - Total Liabilities Trend (2021–2023)
This chart illustrates how Nova Net Lease REIT's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Nova Net Lease REIT Competitors by Total Liabilities
The table below lists competitors of Nova Net Lease REIT ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
iMining Blockchain and Cryptocurrency Inc
PINK:IBKKF
|
USA | $261.17K |
|
Pudjiadi Prestige Tbk
JK:PUDP
|
Indonesia | Rp19.21 Billion |
|
Circle Internet Group, Inc.
NYSE:CRCL
|
USA | $73.76 Billion |
|
Riedel Resources Ltd
AU:RIE
|
Australia | AU$1.01 Million |
|
Ortin Laboratories Limited
NSE:ORTINLAB
|
India | ₹38.40 Million |
|
AIS Resources Ltd
V:AIS
|
Canada | CA$2.33 Million |
|
Burzynski Research
PINK:BZYR
|
USA | $69.61K |
|
Sultan Resources Ltd
AU:SLZ
|
Australia | AU$389.52K |
Liability Composition Analysis (2021–2023)
This chart breaks down Nova Net Lease REIT's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.66 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | N/A | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.22 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Nova Net Lease REIT's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nova Net Lease REIT (2021–2023)
The table below shows the annual total liabilities of Nova Net Lease REIT from 2021 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $3.13 Million | +122.79% |
| 2022-12-31 | $1.40 Million | -87.86% |
| 2021-12-31 | $11.56 Million | -- |