TSX

True North Commercial Real Estate Investment Trust

TNT-UN.TO•Real Estate•REIT - Office
Current Price
$7.75
Today's Change
+2.11%
Market Cap
$109.02M
Volume
6.03K

💡 Quick Take

undefined (TNT-UN.TO) is a real estate investment trust focused on owning and operating a portfolio of 40 commercial office properties. The company faces significant concerns with a negative FFO of -$23.77 million and an FFO per share of -$1.69, indicating operational challenges. While the distribution yield is attractive at 9.06%, the negative net margin of -11.1% and slight revenue decline of -0.9% raise red flags about sustainability. Overall, the financial health score of 20/100 suggests that investors should proceed with caution.

Based on 26 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$9.41
52 Week Low$7.39
Avg Volume15.07K
Beta1.05
Shares Outstanding14.07M

🔥 Valuation

Market Cap$109.02M
FFO/Share$-1.69
Price/FFON/A
Distribution Yield2.62%
Property TypeOffice

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🚩 Red Flags

🚨

Negative FFO

Negative Funds From Operations indicates operational cash flow issues and unsustainable distributions.

📊

Elevated Leverage

Debt-to-assets ratio of 63.2% is above prudent levels, increasing financial risk and limiting flexibility.

📉

Negative Net Income

Negative net income may indicate operational challenges beyond typical REIT depreciation adjustments.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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