European Residential Real Estate Investment Trust

European Residential Real Estate Investment Trustverified

ERE-UN.TO

Price:

$3.22

Market Cap:

$192.78M

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current initial focus on investing in high-quality multi-residential real estate properties in the Netherlands. ERES owns a portfolio of 137 multi-residential properties, comprised of 5,865 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium. ERES's registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1.[Read more]

Industry

REIT - Residential

IPO Date

2018-08-23

Stock Exchange

TSX

Ticker

ERE-UN.TO

The Current Ratio as of September 2024 (TTM) for European Residential Real Estate Investment Trust (ERE-UN.TO) is 0.27

According to European Residential Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.27. This represents a change of 52.50% compared to the average of 0.17 of the last 4 quarters.

European Residential Real Estate Investment Trust (ERE-UN.TO) Historical Current Ratio (quarterly & annually)

How has ERE-UN.TO Current Ratio performed in the past?

The mean historical Current Ratio of European Residential Real Estate Investment Trust over the last ten years is 1.87. The current 0.27 Current Ratio has changed 1.32% with respect to the historical average. Over the past ten years (40 quarters), ERE-UN.TO's Current Ratio was at its highest in in the December 2016 quarter at 10.55. The Current Ratio was at its lowest in in the September 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.87

Median

0.54

Minimum

0.11

Maximum

10.55

European Residential Real Estate Investment Trust (ERE-UN.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of European Residential Real Estate Investment Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 10.55

Minimum Annual Increase = -82.91%

Minimum Annual Current Ratio = 0.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.11-17.97%
20220.14-21.27%
20210.18-59.42%
20200.43-32.93%
20190.65-42.12%
20181.12-38.02%
20171.80-82.91%

European Residential Real Estate Investment Trust (ERE-UN.TO) Average Current Ratio

How has ERE-UN.TO Current Ratio performed in the past?

The current Current Ratio of European Residential Real Estate Investment Trust (ERE-UN.TO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.14

5-year avg

0.30

10-year avg

1.87

European Residential Real Estate Investment Trust (ERE-UN.TO) Current Ratio vs. Peers

How is ERE-UN.TO’s Current Ratio compared to its peers?

European Residential Real Estate Investment Trust’s Current Ratio is greater than BSR Real Estate Investment Trust (0.12), less than Minto Apartment Real Estate Investment Trust (0.29), less than Nexus Industrial REIT (0.44), less than Morguard North American Residential Real Estate Investment Trust (0.80), greater than Killam Apartment REIT (0.10),

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