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Granite Real Estate Investment Trust (GRP_u)

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67.92 +1.62    +2.44%
13/05 - Closed. Currency in USD ( Disclaimer )
After Hours
67.99
+0.07
+0.10%
19:00:00 - Real-time Data
Type:  Equity
Market:  United States
ISIN:  CA3874371147 
CUSIP:  387437114
  • Volume: 1,727
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 66.96 - 67.92
Granite REIT 67.92 +1.62 +2.44%

For the three months ended 31 March 2022, Granite Real Estate Investment Trust revenues increased 13% to C$108.6M. Net income increased from C$230.1M to C$497.7M. Revenues reflect FFO per Share (Basic) increase of 13% to C$1.05, FFO per Share (Diluted) increase of 13% to C$1.05, Rental revenue increase of 11% to C$92.7M, Tenant Reoveries increase of 27% to C$15.9M. Net income benefited from Net Operating Income (NOI) - Total increase of 12% to C$91.2M.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

GRP_u Income Statement

Gross margin TTM 84.29%
Operating margin TTM 65.55%
Net Profit margin TTM 388.47%
Return on Investment TTM 20.65%
 Total Revenue  Net Income
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Revenue 108.59 105.31 98.27 189.91
Gross Profit 91.18 86.3 84.5 161.88
Operating Income 71.4 64.5 66.66 122.79
Net Income 497.74 341.14 421.75 547.04

GRP_u Balance Sheet

Quick Ratio MRQ -
Current Ratio MRQ 1.96
LT Debt to Equity MRQ 43.2%
Total Debt to Equity MRQ 43.2%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Assets 8992.57 8566.7 8195.69 7161.81
Total Liabilities 3283.45 3248.04 3167.45 2554.41
Total Equity 5709.12 5318.65 5028.24 4607.4

GRP_u Cash Flow Statement

Cash Flow/Share TTM 18.68
Revenue/Share TTM 4.8
Operating Cash Flow  44.83%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Period Length: 3 Months 12 Months 9 Months 6 Months
Cash From Operating Activities 70.5 262.26 208.48 129.04
Cash From Investing Activities -198.9 -1025.42 -645.93 -216.7
Cash From Financing Activities -44.09 333.48 382.76 -65.59
Net Change in Cash -174.06 -428.77 -52.31 -153.14
* In Millions of CAD (except for per share items)
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