True North Commercial Real Estate Investment Trust Working Capital to Net Assets Ratio
True North Commercial Real Estate Investment Trust working capital to net assets ratio. True North Commercial Real Estate Investment Trust (TNT-UN) has a Working Capital to Net Assets ratio of -43.1% as of September 2025. Working capital of CA$-169.42 Million (current assets of CA$60.66 Million minus current liabilities of CA$230.09 Million) is measured against net assets of CA$392.82 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check True North Commercial Real Estate Invest tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of True North Commercial Real Estate Investment Trust (2012–2024)
Working capital to net assets ratio of True North Commercial Real Estate Investment Trust from 2012 to 2024. This chart shows how True North Commercial Real Estate Investment Trust's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at -43.1%, reflecting working capital of CA$-169.42 Million against net assets of CA$392.82 Million CAD. See True North Commercial Real Estate Invest (TNT-UN) liquidity interval to measure how many days the company can operate on defensive assets alone.
True North Commercial Real Estate Investment Trust Working Capital to Net Assets Ratio by Year (2012–2024)
True North Commercial Real Estate Investment Trust working capital to net assets ratio by year from 2012 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for True North Commercial Real Estate Investment Trust from 2012 to 2024, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see balance sheet size of True North Commercial Real Estate Invest.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -65.5% | CA$-272.31 Million | CA$416.00 Million | CA$79.33 Million | CA$351.64 Million | ▼ -43.1 pp |
| 2023 | -22.3% | CA$-101.11 Million | CA$452.80 Million | CA$71.15 Million | CA$172.26 Million | ▲ +1.4 pp |
| 2022 | -23.7% | CA$-123.86 Million | CA$522.14 Million | CA$106.29 Million | CA$230.16 Million | ▲ +6.9 pp |
| 2021 | -30.6% | CA$-165.17 Million | CA$540.07 Million | CA$12.04 Million | CA$177.21 Million | ▼ -21.6 pp |
| 2020 | -8.9% | CA$-46.99 Million | CA$525.21 Million | CA$28.60 Million | CA$75.59 Million | ▲ +15.0 pp |
| 2019 | -24.0% | CA$-126.52 Million | CA$527.33 Million | CA$12.13 Million | CA$138.64 Million | ▼ -7.2 pp |
| 2018 | -16.8% | CA$-61.08 Million | CA$363.09 Million | CA$9.83 Million | CA$70.92 Million | ▼ -2.1 pp |
| 2017 | -14.7% | CA$-36.54 Million | CA$248.20 Million | CA$15.09 Million | CA$51.63 Million | ▼ -15.1 pp |
| 2016 | 0.4% | CA$689.00K | CA$167.67 Million | CA$28.25 Million | CA$27.56 Million | ▲ +15.5 pp |
| 2015 | -15.1% | CA$-16.64 Million | CA$110.55 Million | CA$3.57 Million | CA$20.21 Million | ▼ -7.5 pp |
| 2014 | -7.6% | CA$-7.75 Million | CA$102.36 Million | CA$4.94 Million | CA$12.68 Million | ▲ +2.7 pp |
| 2013 | -10.2% | CA$-5.57 Million | CA$54.31 Million | CA$4.05 Million | CA$9.61 Million | ▼ -11.5 pp |
| 2012 | 1.2% | CA$-144.00K | CA$-11.75 Million | CA$1.06 Million | CA$1.21 Million | — |