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True North Commercial REIT (TSX:TNT.UN) Pre-Tax Income : C$-42.5 Mil (TTM As of Mar. 2024)


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What is True North Commercial REIT Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. True North Commercial REIT's pretax income for the three months ended in Mar. 2024 was C$5.1 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-42.5 Mil. True North Commercial REIT's pretax margin was 15.83%.

During the past 12 years, True North Commercial REIT's highest Pretax Margin was 56.99%. The lowest was -32.47%. And the median was 32.67%.


True North Commercial REIT Pre-Tax Income Historical Data

The historical data trend for True North Commercial REIT's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

True North Commercial REIT Pre-Tax Income Chart

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.18 39.75 51.00 16.53 -40.62

True North Commercial REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 0.79 -42.47 -5.94 5.14

Competitive Comparison of True North Commercial REIT's Pre-Tax Income

For the REIT - Office subindustry, True North Commercial REIT's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


True North Commercial REIT's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, True North Commercial REIT's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where True North Commercial REIT's Pre-Tax Income falls into.



True North Commercial REIT Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

True North Commercial REIT's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=66.908+-73.343+-32.821+0.034+-1.399
=-40.6

True North Commercial REIT's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=15.046+-1.308+-8.245+0.008+-0.363
=5.1

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-42.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


True North Commercial REIT  (TSX:TNT.UN) Pre-Tax Income Explanation

True North Commercial REIT's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=5.138/32.464
=15.83%

During the past 12 years, True North Commercial REIT's highest Pretax Margin was 56.99%. The lowest was -32.47%. And the median was 32.67%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


True North Commercial REIT Pre-Tax Income Related Terms

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True North Commercial REIT (TSX:TNT.UN) Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

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