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Artis REIT
Buy, Hold or Sell?

Let's analyse Artis REIT together

PenkeI guess you are interested in Artis REIT. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Artis REIT. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Artis REIT (30 sec.)










What can you expect buying and holding a share of Artis REIT? (30 sec.)

How much money do you get?

How much money do you get?
$0.88
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$13.35
Expected worth in 1 year
$10.33
How sure are you?
62.5%

+ What do you gain per year?

Total Gains per Share
$-2.14
Return On Investment
-43.5%

For what price can you sell your share?

Current Price per Share
$4.92
Expected price per share
$4.9 - $5.28
How sure are you?
50%
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1. Valuation of Artis REIT (5 min.)




Live pricePrice per Share (EOD)

$4.92

Intrinsic Value Per Share

$-0.37 - $-0.86

Total Value Per Share

$12.98 - $12.50

2. Growth of Artis REIT (5 min.)




Is Artis REIT growing?

Current yearPrevious yearGrowGrow %
How rich?$1.4b$1.8b-$226.4m-13.8%

How much money is Artis REIT making?

Current yearPrevious yearGrowGrow %
Making money-$61.4m$59m-$120.4m-196.1%
Net Profit Margin-90.7%83.8%--

How much money comes from the company's main activities?

3. Financial Health of Artis REIT (5 min.)




4. Comparing to competitors in the REIT-Diversified industry (5 min.)




  Industry Rankings (REIT-Diversified)  


Richest
#31 / 116

Most Revenue
#42 / 116

Most Profit
#105 / 116

Most Efficient
#107 / 116
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What can you expect buying and holding a share of Artis REIT? (5 min.)

Welcome investor! Artis REIT's management wants to use your money to grow the business. In return you get a share of Artis REIT.

What can you expect buying and holding a share of Artis REIT?

First you should know what it really means to hold a share of Artis REIT. And how you can make/lose money.

Speculation

The Price per Share of Artis REIT is $4.92. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Artis REIT.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Artis REIT, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $13.35. Based on the TTM, the Book Value Change Per Share is $-0.76 per quarter. Based on the YOY, the Book Value Change Per Share is $0.53 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.22 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Artis REIT.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.57-11.5%-0.54-11.1%0.469.4%0.112.1%0.163.2%
Usd Book Value Change Per Share-0.81-16.4%-0.76-15.4%0.5310.8%-0.43-8.7%-0.06-1.2%
Usd Dividend Per Share0.132.7%0.224.5%0.224.4%0.193.8%0.397.9%
Usd Total Gains Per Share-0.67-13.7%-0.53-10.9%0.7515.2%-0.24-4.8%0.336.7%
Usd Price Per Share5.47-6.15-9.54-7.90-9.59-
Price to Earnings Ratio-2.41--4.15-1.12-11.93-9.77-
Price-to-Total Gains Ratio-8.11--328.68-28.93--52.91--23.46-
Price to Book Ratio0.41-0.43-0.62-0.53-0.64-
Price-to-Total Gains Ratio-8.11--328.68-28.93--52.91--23.46-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.92
Number of shares203
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.220.19
Usd Book Value Change Per Share-0.76-0.43
Usd Total Gains Per Share-0.53-0.24
Gains per Quarter (203 shares)-108.55-48.36
Gains per Year (203 shares)-434.19-193.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1179-613-444154-347-203
2358-1227-878307-694-396
3538-1840-1312461-1041-589
4717-2454-1746614-1388-782
5896-3067-2180768-1735-975
61075-3681-2614922-2082-1168
71255-4294-30481075-2429-1361
81434-4907-34821229-2776-1554
91613-5521-39161382-3123-1747
101792-6134-43501536-3470-1940

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%7.05.00.058.3%14.06.00.070.0%29.07.04.072.5%45.07.023.060.0%
Book Value Change Per Share0.04.00.00.0%5.07.00.041.7%6.014.00.030.0%17.023.00.042.5%45.030.00.060.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%75.00.00.0100.0%
Total Gains per Share0.04.00.00.0%7.05.00.058.3%10.010.00.050.0%25.015.00.062.5%56.019.00.074.7%
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Fundamentals of Artis REIT

About Artis REIT

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.

Fundamental data was last updated by Penke on 2023-09-15 20:06:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Artis REIT.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Artis REIT earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Artis REIT to the REIT-Diversified industry mean.
  • A Net Profit Margin of -100.8% means that $-1.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Artis REIT:

  • The MRQ is -100.8%. The company is making a huge loss. -2
  • The TTM is -90.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-100.8%TTM-90.7%-10.1%
TTM-90.7%YOY83.8%-174.5%
TTM-90.7%5Y19.3%-109.9%
5Y19.3%10Y24.5%-5.3%
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-100.8%30.6%-131.4%
TTM-90.7%29.2%-119.9%
YOY83.8%60.4%+23.4%
5Y19.3%37.1%-17.8%
10Y24.5%45.3%-20.8%
1.1.2. Return on Assets

Shows how efficient Artis REIT is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Artis REIT to the REIT-Diversified industry mean.
  • -2.1% Return on Assets means that Artis REIT generated $-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Artis REIT:

  • The MRQ is -2.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.1%TTM-1.8%-0.3%
TTM-1.8%YOY1.7%-3.5%
TTM-1.8%5Y0.4%-2.3%
5Y0.4%10Y0.6%-0.1%
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.1%0.9%-3.0%
TTM-1.8%0.9%-2.7%
YOY1.7%3.1%-1.4%
5Y0.4%1.4%-1.0%
10Y0.6%1.9%-1.3%
1.1.3. Return on Equity

Shows how efficient Artis REIT is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Artis REIT to the REIT-Diversified industry mean.
  • -4.2% Return on Equity means Artis REIT generated $-0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Artis REIT:

  • The MRQ is -4.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.2%TTM-3.7%-0.5%
TTM-3.7%YOY3.1%-6.8%
TTM-3.7%5Y0.8%-4.6%
5Y0.8%10Y1.2%-0.3%
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.2%1.9%-6.1%
TTM-3.7%1.8%-5.5%
YOY3.1%6.6%-3.5%
5Y0.8%2.4%-1.6%
10Y1.2%3.3%-2.1%
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1.2. Operating Efficiency of Artis REIT.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Artis REIT is operating .

  • Measures how much profit Artis REIT makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Artis REIT to the REIT-Diversified industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Artis REIT:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM13.1%-13.1%
TTM13.1%YOY52.2%-39.1%
TTM13.1%5Y38.7%-25.6%
5Y38.7%10Y29.2%+9.5%
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-36.3%-36.3%
TTM13.1%22.2%-9.1%
YOY52.2%57.8%-5.6%
5Y38.7%42.5%-3.8%
10Y29.2%43.2%-14.0%
1.2.2. Operating Ratio

Measures how efficient Artis REIT is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT-Diversified industry mean).
  • An Operation Ratio of 0.92 means that the operating costs are $0.92 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Artis REIT:

  • The MRQ is 0.915. The company is less efficient in keeping operating costs low.
  • The TTM is 0.909. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.915TTM0.909+0.006
TTM0.909YOY0.895+0.014
TTM0.9095Y0.869+0.040
5Y0.86910Y0.687+0.182
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9150.611+0.304
TTM0.9090.607+0.302
YOY0.8950.598+0.297
5Y0.8690.604+0.265
10Y0.6870.563+0.124
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1.3. Liquidity of Artis REIT.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Artis REIT is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT-Diversified industry mean).
  • A Current Ratio of 0.29 means the company has $0.29 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Artis REIT:

  • The MRQ is 0.292. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.365. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.292TTM0.365-0.074
TTM0.365YOY0.407-0.042
TTM0.3655Y0.448-0.082
5Y0.44810Y0.267+0.181
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2920.984-0.692
TTM0.3651.066-0.701
YOY0.4071.330-0.923
5Y0.4481.366-0.918
10Y0.2671.295-1.028
1.3.2. Quick Ratio

Measures if Artis REIT is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Artis REIT to the REIT-Diversified industry mean.
  • A Quick Ratio of 0.01 means the company can pay off $0.01 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Artis REIT:

  • The MRQ is 0.007. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.006. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.007TTM0.006+0.001
TTM0.006YOY0.015-0.009
TTM0.0065Y0.023-0.016
5Y0.02310Y0.020+0.002
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0070.527-0.520
TTM0.0060.606-0.600
YOY0.0150.747-0.732
5Y0.0230.772-0.749
10Y0.0200.739-0.719
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1.4. Solvency of Artis REIT.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Artis REIT assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Artis REIT to REIT-Diversified industry mean.
  • A Debt to Asset Ratio of 0.50 means that Artis REIT assets are financed with 49.8% credit (debt) and the remaining percentage (100% - 49.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Artis REIT:

  • The MRQ is 0.498. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.512. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.498TTM0.512-0.014
TTM0.512YOY0.468+0.044
TTM0.5125Y0.5120.000
5Y0.51210Y0.5120.000
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4980.437+0.061
TTM0.5120.437+0.075
YOY0.4680.444+0.024
5Y0.5120.451+0.061
10Y0.5120.436+0.076
1.4.2. Debt to Equity Ratio

Measures if Artis REIT is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Artis REIT to the REIT-Diversified industry mean.
  • A Debt to Equity ratio of 99.1% means that company has $0.99 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Artis REIT:

  • The MRQ is 0.991. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.050. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.991TTM1.050-0.059
TTM1.050YOY0.882+0.168
TTM1.0505Y1.072-0.022
5Y1.07210Y1.071+0.001
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9910.771+0.220
TTM1.0500.771+0.279
YOY0.8820.766+0.116
5Y1.0720.834+0.238
10Y1.0710.858+0.213
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2. Market Valuation of Artis REIT

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Artis REIT generates.

  • Above 15 is considered overpriced but always compare Artis REIT to the REIT-Diversified industry mean.
  • A PE ratio of -2.41 means the investor is paying $-2.41 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Artis REIT:

  • The EOD is -2.169. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.412. Based on the earnings, the company is expensive. -2
  • The TTM is -4.149. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.169MRQ-2.412+0.242
MRQ-2.412TTM-4.149+1.737
TTM-4.149YOY1.118-5.267
TTM-4.1495Y11.926-16.075
5Y11.92610Y9.771+2.154
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD-2.1694.953-7.122
MRQ-2.4124.718-7.130
TTM-4.1495.876-10.025
YOY1.1187.808-6.690
5Y11.9269.342+2.584
10Y9.77110.692-0.921
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Artis REIT:

  • The EOD is 10.454. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.623. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -3.843. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD10.454MRQ11.623-1.169
MRQ11.623TTM-3.843+15.466
TTM-3.843YOY9.012-12.856
TTM-3.8435Y-5.818+1.974
5Y-5.81810Y-2.909-2.909
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD10.45410.706-0.252
MRQ11.62311.6230.000
TTM-3.84311.755-15.598
YOY9.01212.980-3.968
5Y-5.81810.159-15.977
10Y-2.9097.575-10.484
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Artis REIT is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to REIT-Diversified industry mean).
  • A PB ratio of 0.41 means the investor is paying $0.41 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Artis REIT:

  • The EOD is 0.368. Based on the equity, the company is cheap. +2
  • The MRQ is 0.410. Based on the equity, the company is cheap. +2
  • The TTM is 0.426. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.368MRQ0.410-0.041
MRQ0.410TTM0.426-0.017
TTM0.426YOY0.615-0.189
TTM0.4265Y0.525-0.099
5Y0.52510Y0.635-0.110
Compared to industry (REIT-Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD0.3680.697-0.329
MRQ0.4100.714-0.304
TTM0.4260.748-0.322
YOY0.6150.861-0.246
5Y0.5250.926-0.401
10Y0.6351.068-0.433
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Artis REIT compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.807-0.755-6%0.532-252%-0.427-47%-0.058-93%
Book Value Per Share--13.35314.408-7%15.519-14%15.126-12%15.245-12%
Current Ratio--0.2920.365-20%0.407-28%0.448-35%0.267+9%
Debt To Asset Ratio--0.4980.512-3%0.468+6%0.512-3%0.512-3%
Debt To Equity Ratio--0.9911.050-6%0.882+12%1.072-8%1.071-7%
Dividend Per Share--0.1330.221-40%0.216-39%0.189-30%0.386-66%
Eps---0.567-0.544-4%0.462-223%0.106-637%0.159-456%
Free Cash Flow Per Share--0.1180.153-23%0.281-58%0.237-50%0.237-50%
Free Cash Flow To Equity Per Share---1.766-0.733-58%-0.219-88%-0.346-80%-0.346-80%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.900+11%
Intrinsic Value_10Y_max---0.857--------
Intrinsic Value_10Y_min---0.371--------
Intrinsic Value_1Y_max--0.787--------
Intrinsic Value_1Y_min--0.773--------
Intrinsic Value_3Y_max--1.698--------
Intrinsic Value_3Y_min--1.635--------
Intrinsic Value_5Y_max--1.809--------
Intrinsic Value_5Y_min--1.736--------
Market Cap538100400.000-13%609166637.520703209287.703-13%1151886181.958-47%957903405.412-36%1096002204.331-44%
Net Profit Margin---1.008-0.907-10%0.838-220%0.193-623%0.245-511%
Operating Margin---0.131-100%0.522-100%0.387-100%0.292-100%
Operating Ratio--0.9150.909+1%0.895+2%0.869+5%0.687+33%
Pb Ratio0.368-11%0.4100.426-4%0.615-33%0.525-22%0.635-35%
Pe Ratio-2.169+10%-2.412-4.149+72%1.118-316%11.926-120%9.771-125%
Price Per Share4.920-11%5.4706.152-11%9.538-43%7.900-31%9.592-43%
Price To Free Cash Flow Ratio10.454-11%11.623-3.843+133%9.012+29%-5.818+150%-2.909+125%
Price To Total Gains Ratio-7.293+10%-8.108-328.685+3954%28.926-128%-52.909+553%-23.463+189%
Quick Ratio--0.0070.006+17%0.015-51%0.023-67%0.020-63%
Return On Assets---0.021-0.018-15%0.017-227%0.004-592%0.006-469%
Return On Equity---0.042-0.037-12%0.031-236%0.008-610%0.012-463%
Total Gains Per Share---0.675-0.535-21%0.748-190%-0.238-65%0.328-306%
Usd Book Value--1487002125.3001646043982.225-10%1872477876.950-21%1821501099.340-18%1750942665.545-15%
Usd Book Value Change Per Share---0.807-0.755-6%0.532-252%-0.427-47%-0.058-93%
Usd Book Value Per Share--13.35314.408-7%15.519-14%15.126-12%15.245-12%
Usd Dividend Per Share--0.1330.221-40%0.216-39%0.189-30%0.386-66%
Usd Eps---0.567-0.544-4%0.462-223%0.106-637%0.159-456%
Usd Free Cash Flow--13102892.40017542437.475-25%33968252.525-61%20946231.165-37%10473115.583+25%
Usd Free Cash Flow Per Share--0.1180.153-23%0.281-58%0.237-50%0.237-50%
Usd Free Cash Flow To Equity Per Share---1.766-0.733-58%-0.219-88%-0.346-80%-0.346-80%
Usd Market Cap538100400.000-13%609166637.520703209287.703-13%1151886181.958-47%957903405.412-36%1096002204.331-44%
Usd Price Per Share4.920-11%5.4706.152-11%9.538-43%7.900-31%9.592-43%
Usd Profit---63146308.200-61408844.450-3%59039575.700-207%16850053.525-475%21286884.354-397%
Usd Revenue--62643837.40067407832.925-7%70542700.675-11%82164827.980-24%82952382.883-24%
Usd Total Gains Per Share---0.675-0.535-21%0.748-190%-0.238-65%0.328-306%
 EOD+4 -4MRQTTM+6 -29YOY+3 -325Y+6 -2910Y+9 -27

3.2. Fundamental Score

Let's check the fundamental score of Artis REIT based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.169
Price to Book Ratio (EOD)Between0-10.368
Net Profit Margin (MRQ)Greater than0-1.008
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.007
Current Ratio (MRQ)Greater than10.292
Debt to Asset Ratio (MRQ)Less than10.498
Debt to Equity Ratio (MRQ)Less than10.991
Return on Equity (MRQ)Greater than0.15-0.042
Return on Assets (MRQ)Greater than0.05-0.021
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Artis REIT based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.415
Ma 20Greater thanMa 505.123
Ma 50Greater thanMa 1005.222
Ma 100Greater thanMa 2005.239
OpenGreater thanClose4.930
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets3,983,481
Total Liabilities1,982,940
Total Stockholder Equity2,000,541
 As reported
Total Liabilities 1,982,940
Total Stockholder Equity+ 2,000,541
Total Assets = 3,983,481

Assets

Total Assets3,983,481
Total Current Assets236,443
Long-term Assets236,443
Total Current Assets
Cash And Cash Equivalents 34,999
Net Receivables 6,060
Inventory 142,690
Other Current Assets 17,153
Total Current Assets  (as reported)236,443
Total Current Assets  (calculated)200,902
+/- 35,541
Long-term Assets
Long Term Investments 613,004
Long-term Assets  (as reported)3,747,038
Long-term Assets  (calculated)613,004
+/- 3,134,034

Liabilities & Shareholders' Equity

Total Current Liabilities810,390
Long-term Liabilities1,172,550
Total Stockholder Equity2,000,541
Total Current Liabilities
Short Long Term Debt 716,188
Accounts payable 70,251
Total Current Liabilities  (as reported)810,390
Total Current Liabilities  (calculated)786,439
+/- 23,951
Long-term Liabilities
Long term Debt 1,169,232
Long-term Liabilities Other 1,700
Long-term Liabilities  (as reported)1,172,550
Long-term Liabilities  (calculated)1,170,932
+/- 1,618
Total Stockholder Equity
Total Stockholder Equity (as reported)2,000,541
Total Stockholder Equity (calculated)0
+/- 2,000,541
Other
Capital Stock1,860,800
Common Stock Shares Outstanding 111,365
Net Debt 1,850,421
Net Invested Capital 3,689,501
Net Working Capital -573,947



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-31
> Total Assets 
9,377
16,535
16,523
128,176
234,363
311,950
367,390
418,898
422,798
597,851
751,648
1,005,392
1,180,343
1,171,293
1,179,871
1,172,668
1,022,589
958,898
992,000
1,067,837
1,131,377
1,330,547
1,596,917
1,786,508
2,156,407
2,473,531
2,922,739
2,875,990
3,106,392
3,442,062
3,797,867
4,248,602
4,416,362
4,503,782
4,682,778
4,916,518
4,746,340
4,706,061
4,951,511
4,824,675
4,714,613
4,444,507
4,437,645
4,263,036
3,981,159
4,185,407
4,411,600
4,364,186
4,087,480
4,060,137
4,109,118
4,168,213
4,157,749
6,676,583
6,434,732
5,435,895
5,717,177
5,676,308
5,540,373
5,431,426
5,330,019
5,337,483
5,236,565
5,207,812
4,859,841
4,853,520
4,955,764
4,593,164
4,576,024
4,798,662
4,998,257
5,180,503
4,553,913
4,467,506
3,983,481
3,983,4814,467,5064,553,9135,180,5034,998,2574,798,6624,576,0244,593,1644,955,7644,853,5204,859,8415,207,8125,236,5655,337,4835,330,0195,431,4265,540,3735,676,3085,717,1775,435,8956,434,7326,676,5834,157,7494,168,2134,109,1184,060,1374,087,4804,364,1864,411,6004,185,4073,981,1594,263,0364,437,6454,444,5074,714,6134,824,6754,951,5114,706,0614,746,3404,916,5184,682,7784,503,7824,416,3624,248,6023,797,8673,442,0623,106,3922,875,9902,922,7392,473,5312,156,4071,786,5081,596,9171,330,5471,131,3771,067,837992,000958,8981,022,5891,172,6681,179,8711,171,2931,180,3431,005,392751,648597,851422,798418,898367,390311,950234,363128,17616,52316,5359,377
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
153,180
92,721
168,818
168,296
155,809
249,829
368,365
197,155
456,498
629,652
548,112
447,072
320,482
200,179
162,310
458,597
173,599
188,808
917,870
398,618
340,074
157,936
819,301
873,371
406,108
466,601
236,443
236,443466,601406,108873,371819,301157,936340,074398,618917,870188,808173,599458,597162,310200,179320,482447,072548,112629,652456,498197,155368,365249,829155,809168,296168,81892,721153,180000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
27,142
59,494
28,920
29,483
24,037
22,075
17,175
11,380
7,486
12,321
21,551
34,132
39,391
94,003
125,428
88,590
33,513
92,484
55,694
92,276
155,955
51,432
121,395
55,135
98,788
40,647
84,048
45,394
138,736
115,156
109,957
42,859
80,653
46,402
53,001
48,009
68,124
116,435
40,298
37,750
58,204
33,256
38,755
28,563
50,615
191,847
33,796
66,143
51,168
94,597
59,531
42,455
53,039
28,757
35,198
34,703
40,932
31,547
280,334
221,474
36,324
79,748
136,795
29,168
37,212
34,999
34,99937,21229,168136,79579,74836,324221,474280,33431,54740,93234,70335,19828,75753,03942,45559,53194,59751,16866,14333,796191,84750,61528,56338,75533,25658,20437,75040,298116,43568,12448,00953,00146,40280,65342,859109,957115,156138,73645,39484,04840,64798,78855,135121,39551,432155,95592,27655,69492,48433,51388,590125,42894,00339,39134,13221,55112,3217,48611,38017,17522,07524,03729,48328,92059,49427,142000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
684
588
699
693
483
2,822
378
627
337
395
1,168
1,390
784
14,855
4,965
2,238
1,019
2,095
2,446
2,773
2,841
3,846
5,687
6,465
5,227
5,788
5,685
5,897
5,140
4,997
6,788
4,763
6,217
5,793
3,450
3,327
5,842
6,623
6,565
7,507
6,449
13,334
0
0
0
8,112
7,634
11,764
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000011,7647,6348,11200013,3346,4497,5076,5656,6235,8423,3273,4505,7936,2174,7636,7884,9975,1405,8975,6855,7885,2276,4655,6873,8462,8412,7732,4462,0951,0192,2384,96514,8557841,3901,1683953376273782,822483693699588684000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,898
13,901
13,952
13,884
15,255
28,461
26,477
22,780
25,644
21,647
21,141
17,638
25,009
43,127
20,476
18,671
18,836
18,287
13,231
14,054
15,508
16,024
16,221
17,875
5,229
5,955
6,060
6,0605,9555,22917,87516,22116,02415,50814,05413,23118,28718,83618,67120,47643,12725,00917,63821,14121,64725,64422,78026,47728,46115,25513,88413,95213,90111,898000000000000000000000000000000000000000000000000
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,731
11,227
530,373
410,836
340,675
14,632
14,710
14,769
14,894
15,060
2,923
1,757
1,371
62,904
59,667
667,579
657,627
335,813
377,904
142,690
142,690377,904335,813657,627667,57959,66762,9041,3711,7572,92315,06014,89414,76914,71014,632340,675410,836530,37311,22710,7310000000000000000000000000000000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,046,656
4,992,261
4,984,354
5,009,537
5,137,304
5,074,255
4,749,215
4,686,242
4,664,712
4,037,894
4,194,546
4,235,950
4,640,726
4,178,956
4,307,132
4,147,805
4,000,905
3,747,038
3,747,0384,000,9054,147,8054,307,1324,178,9564,640,7264,235,9504,194,5464,037,8944,664,7124,686,2424,749,2155,074,2555,137,3045,009,5374,984,3544,992,2615,046,656000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
3
3
2
3
7
9
19
18
16
18
29
29
43
57
46
411
436
358
374
397
413
427
380
365
348
329
302
327
305
2,158
2,082
2,307
2,416
2,302
2,352
2,760
2,704
2,658
2,670
2,784
2,930
2,759
2,739
2,560
2,591
2,705
2,623
2,513
2,494
2,920
2,889
4,439
5,584
6,215,942
5,861,074
5,046,517
5,023,253
4,845,692
4,820,504
4,713,185
4,681,162
4,836,997
4,775,414
4,553,246
4,415,991
4,476,396
3,842,366
3,945,632
3,894,200
3,893,011
3,305,529
3,493,492
0
0
0
0003,493,4923,305,5293,893,0113,894,2003,945,6323,842,3664,476,3964,415,9914,553,2464,775,4144,836,9974,681,1624,713,1854,820,5044,845,6925,023,2535,046,5175,861,0746,215,9425,5844,4392,8892,9202,4942,5132,6232,7052,5912,5602,7392,7592,9302,7842,6702,6582,7042,7602,3522,3022,4162,3072,0822,158305327302329348365380427413397374358436411465743292918161819973233
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
158,926
164,800
168,626
156,706
159,731
193,310
188,858
178,158
176,501
183,730
151,346
176,333
186,610
202,408
200,246
176,897
200,306
168,153
175,780
229,266
257,264
663,958
788,398
725,172
757,002
696,632
613,004
613,004696,632757,002725,172788,398663,958257,264229,266175,780168,153200,306176,897200,246202,408186,610176,333151,346183,730176,501178,158188,858193,310159,731156,706168,626164,800158,926000000000000000000000000000000000000000000000000
       Intangible Assets 
1,018
2,634
2,333
20,763
40,860
47,822
50,756
60,932
56,923
68,456
73,785
114,080
132,121
127,383
119,387
123,458
102,562
90,911
92,747
93,209
100,057
124,494
161,703
174,016
244,795
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000000244,795174,016161,703124,494100,05793,20992,74790,911102,562123,458119,387127,383132,121114,08073,78568,45656,92360,93250,75647,82240,86020,7632,3332,6341,018
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,046,656
4,992,261
4,984,354
5,009,537
5,137,304
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000005,137,3045,009,5374,984,3544,992,2615,046,656000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
5,276
12,053
11,590
87,084
174,877
212,780
262,235
315,943
287,177
391,229
433,610
670,809
783,351
786,841
799,328
816,419
719,011
683,728
702,598
757,049
788,311
864,531
1,082,692
1,180,294
1,434,531
1,476,201
1,777,030
1,772,200
1,861,109
1,919,846
2,136,588
2,304,637
2,350,391
2,338,963
2,375,583
2,483,978
2,407,785
2,438,134
2,491,084
2,430,401
2,366,274
2,274,063
2,226,393
2,182,038
2,125,974
2,255,100
2,384,536
2,329,765
2,132,303
2,070,721
2,094,493
2,100,312
2,081,058
3,340,353
3,212,345
2,711,964
2,979,132
3,027,399
2,969,123
2,939,428
2,859,266
2,884,161
2,822,711
2,801,368
2,525,944
2,512,267
2,472,823
2,110,404
2,120,671
2,210,913
2,447,553
2,724,903
2,324,754
2,294,773
1,982,940
1,982,9402,294,7732,324,7542,724,9032,447,5532,210,9132,120,6712,110,4042,472,8232,512,2672,525,9442,801,3682,822,7112,884,1612,859,2662,939,4282,969,1233,027,3992,979,1322,711,9643,212,3453,340,3532,081,0582,100,3122,094,4932,070,7212,132,3032,329,7652,384,5362,255,1002,125,9742,182,0382,226,3932,274,0632,366,2742,430,4012,491,0842,438,1342,407,7852,483,9782,375,5832,338,9632,350,3912,304,6372,136,5881,919,8461,861,1091,772,2001,777,0301,476,2011,434,5311,180,2941,082,692864,531788,311757,049702,598683,728719,011816,419799,328786,841783,351670,809433,610391,229287,177315,943262,235212,780174,87787,08411,59012,0535,276
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
130,706
164,238
219,811
229,102
295,427
284,113
315,613
291,304
257,021
268,615
306,652
348,125
331,292
436,293
440,192
422,292
488,070
500,562
605,920
597,736
686,755
843,465
981,683
759,912
770,388
903,846
684,696
729,360
1,136,297
700,190
566,447
726,258
782,400
791,732
811,952
717,176
880,966
910,145
867,482
877,639
1,022,959
853,485
824,552
954,548
1,024,291
1,288,482
2,168,529
1,350,691
1,001,222
810,390
810,3901,001,2221,350,6912,168,5291,288,4821,024,291954,548824,552853,4851,022,959877,639867,482910,145880,966717,176811,952791,732782,400726,258566,447700,1901,136,297729,360684,696903,846770,388759,912981,683843,465686,755597,736605,920500,562488,070422,292440,192436,293331,292348,125306,652268,615257,021291,304315,613284,113295,427229,102219,811164,238130,7060000000000000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,036,568
1,982,612
2,006,459
595,802
644,792
999,144
0
0
0
0
0
687,187
596,111
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000596,111687,18700000999,144644,792595,8022,006,4591,982,6122,036,568000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,036,568
1,982,612
2,006,459
595,802
644,792
999,144
578,551
448,050
612,529
649,480
663,687
687,187
596,111
747,282
779,508
727,311
750,420
904,261
739,515
695,971
801,520
911,741
1,170,506
1,945,055
1,252,276
913,862
716,188
716,188913,8621,252,2761,945,0551,170,506911,741801,520695,971739,515904,261750,420727,311779,508747,282596,111687,187663,687649,480612,529448,050578,551999,144644,792595,8022,006,4591,982,6122,036,568000000000000000000000000000000000000000000000000
       Accounts payable 
126
239
191
1,191
3,527
3,790
3,763
4,716
4,912
6,369
6,291
8,542
8,964
8,903
10,371
21,574
9,971
7,688
7,990
10,066
10,300
13,949
16,023
21,174
22,657
27,192
25,072
36,115
32,690
36,350
32,853
44,378
42,530
40,926
36,251
35,191
31,396
26,133
25,596
26,083
24,360
57,771
54,354
63,606
22,637
62,523
67,581
64,537
28,209
56,427
55,999
62,717
20,240
77,030
61,970
66,765
33,988
96,757
91,022
89,144
39,018
92,865
88,546
99,644
35,407
77,407
77,705
90,578
36,752
71,717
76,142
99,891
29,473
61,131
70,251
70,25161,13129,47399,89176,14271,71736,75290,57877,70577,40735,40799,64488,54692,86539,01889,14491,02296,75733,98866,76561,97077,03020,24062,71755,99956,42728,20964,53767,58162,52322,63763,60654,35457,77124,36026,08325,59626,13331,39635,19136,25140,92642,53044,37832,85336,35032,69036,11525,07227,19222,65721,17416,02313,94910,30010,0667,9907,6889,97121,57410,3718,9038,9648,5426,2916,3694,9124,7163,7633,7903,5271,191191239126
       Other Current Liabilities 
0
545
365
432
597
885
929
964
1,292
1,634
2,275
2,438
2,800
2,771
2,904
2,801
2,446
2,362
2,552
2,821
3,210
4,388
4,892
5,794
6,813
18,498
21,678
20,085
22,866
29,881
35,015
33,932
34,099
38,626
36,191
54,468
48,476
56,056
56,481
60,574
59,324
27,480
26,774
24,299
55,075
26,025
27,185
31,919
63,808
27,557
27,573
26,176
64,328
60,123
59,668
51,632
53,866
44,591
45,276
43,078
53,012
40,819
42,091
40,527
66,953
41,096
35,963
37,694
94,789
40,521
41,538
123,313
0
0
0
000123,31341,53840,52194,78937,69435,96341,09666,95340,52742,09140,81953,01243,07845,27644,59153,86651,63259,66860,12364,32826,17627,57327,55763,80831,91927,18526,02555,07524,29926,77427,48059,32460,57456,48156,05648,47654,46836,19138,62634,09933,93235,01529,88122,86620,08521,67818,4986,8135,7944,8924,3883,2102,8212,5522,3622,4462,8012,9042,7712,8002,4382,2751,6341,2929649298855974323655450
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,244,999
2,177,391
2,127,476
2,142,090
2,003,195
1,912,566
1,933,886
1,648,305
1,489,308
1,619,338
1,285,852
1,166,123
1,186,622
1,159,071
556,374
974,063
1,293,551
1,172,550
1,172,5501,293,551974,063556,3741,159,0711,186,6221,166,1231,285,8521,619,3381,489,3081,648,3051,933,8861,912,5662,003,1952,142,0902,127,4762,177,3912,244,999000000000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
789
788
1,049
1,000
2,020
1,942
1,902
1,823
1,771
1,837
1,804
2,005
1,912
1,881
1,889
1,866
1,782
1,700
1,7001,7821,8661,8891,8811,9122,0051,8041,8371,7711,8231,9021,9422,0201,0001,049788789000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,421
0
0
0
0
0
0
0
0
0
0
0
000000000001,421000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
4,101
4,482
4,933
41,092
59,486
99,170
105,155
102,955
126,728
197,699
308,311
324,267
386,776
374,439
370,512
346,642
295,148
267,048
289,402
310,788
343,067
466,015
514,225
606,213
721,877
997,330
1,145,709
1,103,790
1,245,283
1,522,216
1,661,279
1,943,965
2,065,971
2,164,819
2,307,195
2,432,540
2,338,555
2,267,927
2,460,426
2,394,274
2,348,339
2,170,445
2,211,252
2,080,998
1,855,185
1,930,307
2,027,064
2,034,421
1,955,176
1,989,416
2,014,626
2,067,902
2,076,691
2,872,186
2,783,404
2,346,757
2,361,164
2,648,909
2,571,250
2,491,998
2,470,753
2,453,322
2,413,854
2,406,444
2,333,897
2,341,253
2,482,941
2,482,760
2,455,353
2,587,749
2,550,704
2,455,600
2,229,159
2,172,733
2,000,541
2,000,5412,172,7332,229,1592,455,6002,550,7042,587,7492,455,3532,482,7602,482,9412,341,2532,333,8972,406,4442,413,8542,453,3222,470,7532,491,9982,571,2502,648,9092,361,1642,346,7572,783,4042,872,1862,076,6912,067,9022,014,6261,989,4161,955,1762,034,4212,027,0641,930,3071,855,1852,080,9982,211,2522,170,4452,348,3392,394,2742,460,4262,267,9272,338,5552,432,5402,307,1952,164,8192,065,9711,943,9651,661,2791,522,2161,245,2831,103,7901,145,709997,330721,877606,213514,225466,015343,067310,788289,402267,048295,148346,642370,512374,439386,776324,267308,311197,699126,728102,955105,15599,17059,48641,0924,9334,4824,101
   Common Stock
4,062
4,715
5,421
40,234
60,165
103,182
108,100
112,254
141,769
219,136
328,483
352,089
423,664
421,409
428,713
412,378
360,171
347,331
383,935
421,379
461,027
600,153
653,503
769,388
912,067
906,097
1,016,894
936,593
1,033,176
1,257,050
1,349,081
1,403,303
1,460,694
1,430,347
1,548,139
1,582,201
1,542,143
1,492,756
1,655,218
1,583,951
1,532,290
1,411,404
1,440,070
1,357,569
1,311,373
1,401,454
1,501,470
1,484,773
1,457,318
1,473,276
1,512,967
1,568,125
1,563,698
2,467,050
2,334,429
2,005,795
1,959,647
1,886,524
1,838,333
1,798,483
1,798,747
1,788,751
1,769,090
1,769,101
1,754,601
1,725,573
1,688,142
1,623,940
1,865,983
1,801,830
1,748,450
1,748,459
0
0
0
0001,748,4591,748,4501,801,8301,865,9831,623,9401,688,1421,725,5731,754,6011,769,1011,769,0901,788,7511,798,7471,798,4831,838,3331,886,5241,959,6472,005,7952,334,4292,467,0501,563,6981,568,1251,512,9671,473,2761,457,3181,484,7731,501,4701,401,4541,311,3731,357,5691,440,0701,411,4041,532,2901,583,9511,655,2181,492,7561,542,1431,582,2011,548,1391,430,3471,460,6941,403,3031,349,0811,257,0501,033,176936,5931,016,894906,097912,067769,388653,503600,153461,027421,379383,935347,331360,171412,378428,713421,409423,664352,089328,483219,136141,769112,254108,100103,18260,16540,2345,4214,7154,062
   Retained Earnings 
2
0
0
842
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
91,234
128,815
167,197
212,107
265,167
312,199
381,967
447,827
485,659
517,768
529,609
484,975
475,792
495,163
514,931
531,351
498,581
506,598
475,142
304,935
274,579
269,689
289,324
243,521
259,413
238,042
226,550
240,551
201,576
223,494
170,930
143,169
145,139
140,470
161,570
169,201
32,627
64,697
87,725
90,999
139,480
332,614
349,195
86,666
296,269
254,872
138,810
-72,956
-116,019
-220,811
-220,811-116,019-72,956138,810254,872296,26986,666349,195332,614139,48090,99987,72564,69732,627169,201161,570140,470145,139143,169170,930223,494201,576240,551226,550238,042259,413243,521289,324269,689274,579304,935475,142506,598498,581531,351514,931495,163475,792484,975529,609517,768485,659447,827381,967312,199265,167212,107167,197128,81591,234000000000000000000000842002
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
151,405
145,213
125,945
94,702
104,395
203,560
225,482
170,032
246,716
216,852
186,222
203,828
175,048
300,575
242,583
212,134
147,231
130,362
111,737
153,227
145,758
122,521
172,630
275,947
0
0
0
000275,947172,630122,521145,758153,227111,737130,362147,231212,134242,583300,575175,048203,828186,222216,852246,716170,032225,482203,560104,39594,702125,945145,213151,405000000000000000000000000000000000000000000000000



Balance Sheet

Currency in CAD. All numbers in thousands.