Tricon Residential Inc.TCN

Market cap

P/E ratio

	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Rental properties	7,978	11,446	12,191
Canadian development properties	133	136	170
Investment property	7,978	-	-
Multi-Family Rental Properties	199	21	52
Canadian Residential Developments	99	107	99
U.S. Residential Developments	143	138	155
Restricted cash	123	117	72
Goodwill	30	30	30
Deferred tax assets	97	75	85
Intangible assets	9	7	5
Other assets	85	97	111
Derivative financial instruments	0	10	7
Canadian Residential Developments	713	-	-
U.S. Residential Developments	595	-	-
Total non-current assets	8,897	12,184	12,976
Cash	177	204	171
Restricted cash	-	-	50
Amounts receivable	42	25	28
Current prepayments	33	38	24
Canadian Residential Developments	18	-	-
U.S. Residential Developments	27	-	-
Total current assets	251	267	272
Total assets	9,149	12,451	13,248
Long-term debt	3,663	4,971	5,469
Due to Affiliate	256	257	262
Derivative financial instruments	230	51	54
Deferred tax liabilities	462	592	629
Limited Partners' Interest In Single-Family Rental Business	947	1,697	2,300
Long-term incentive plan	21	25	28
Performance fees liability	48	40	42
Other liabilities	29	30	33
Canadian Residential Developments	415	-	-
Total non-current liabilities	5,657	7,663	8,818
Amounts payable and accrued liabilities	103	138	150
Resident security deposits	57	80	85
Dividends payable	16	16	16
Current portion of long-term debt	255	757	309
Canadian Residential Developments	29	-	-
U.S. Residential Developments	23	-	-
Total current liabilities	430	991	560
Total liabilities	6,088	8,654	9,379
Share capital	2,115	2,125	2,123
Contributed surplus	23	21	27
Cumulative translation adjustment	23	6	27
Retained earnings	893	1,638	1,687
Total shareholders' equity	3,054	3,790	3,864
Non-controlling interest	7	7	6
Total equity	3,061	3,797	3,870
Total liabilities and equity	9,149	12,451	13,248