Balance Sheet Tritax Big Box REIT plc

Stocks

BBOX

GB00BG49KP99

Commercial REITs

Market Closed - London S.E. Other stock markets 09:05:04 10/06/2026 pm IST			5-day change	1st Jan Change
151.00 ^GBX	+4.86%		+3.42%	-0.79%

10/06	FTSE 100 rises but profit warning rocks WH Smith	AN
10/06	UK Shares Edge Higher After Latest US-Iran Clash; Experian Declines	MT

3288f79e30d15d7bc.sKrQ7flV_9KjjtSZCTTkE0d4GR1wX8KfM7z6iI26x14.29i4gZ0ciqrF_uLDSgCxXnVAQyQgbIrmBf2l5cOCmG3oyZudiy2-6-zItw

Published financial data: TRITAX BIG BOX REIT PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Rental Revenues	18Cr	21Cr	22Cr	28Cr	31Cr
Other Revenues, Total	52L	68L	66L	1.32Cr	1.53Cr
Total Revenues	19Cr	21Cr	23Cr	29Cr	33Cr
Property Expenses	52L	65L	63L	1.82Cr	2.24Cr
Selling General & Admin Expenses, Total	2.55Cr	3.22Cr	2.89Cr	3.37Cr	3.71Cr
Stock-Based Compensation (IS)	55L	19L	29L	-	-
Other Operating Expenses	-1.89Cr	-93L	-	-2.3Cr	-1.55Cr
Total Operating Expenses	1.73Cr	3.13Cr	3.81Cr	2.89Cr	4.4Cr
Operating Income (REIT / Utility Template)	17Cr	18Cr	19Cr	27Cr	28Cr
Interest Expense, Total	-3.81Cr	-3.77Cr	-5.32Cr	-6.5Cr	-6.8Cr
Interest and Investment Income	-	-	1.04Cr	86L	94L
Net Interest Expenses	-3.81Cr	-3.77Cr	-4.28Cr	-5.64Cr	-5.86Cr
Other Non Operating Income (Expenses)	8L	1.48Cr	-1.33Cr	-1.22Cr	-1.63Cr
EBT, Excl. Unusual Items	14Cr	16Cr	13Cr	20Cr	21Cr
Total Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-1L	9L	-15L
Gain (Loss) on Sale of Assets	20L	-	-16L	84L	-1.15Cr
Asset Writedown	84Cr	-76Cr	-4.08Cr	24Cr	17Cr
Other Unusual Items	-42L	11L	-2.15Cr	-	-21L
EBT, Incl. Unusual Items	97Cr	-60Cr	7.06Cr	45Cr	36Cr
Income Tax Expense	-15L	-16L	6L	3L	-
Earnings From Continuing Operations	97Cr	-60Cr	7Cr	45Cr	36Cr
Net Income to Company	97Cr	-60Cr	7Cr	45Cr	36Cr
Net Income - (IS)	97Cr	-60Cr	7Cr	45Cr	36Cr
Net Income to Common Incl Extra Items	97Cr	-60Cr	7Cr	45Cr	36Cr
Net Income to Common Excl. Extra Items	97Cr	-60Cr	7Cr	45Cr	36Cr
Per Share Items
Net EPS - Basic	0.55	-0.32	0.04	0.2	0.14
Basic EPS - Continuing Operations	0.55	-0.32	0.04	0.2	0.14
Basic Weighted Average Shares Outstanding	175.59Cr	186.86Cr	188.19Cr	226.47Cr	252.38Cr
Net EPS - Diluted	0.55	-0.32	0.04	0.2	0.14
Diluted EPS - Continuing Operations	0.55	-0.32	0.04	0.2	0.14
Diluted Weighted Average Shares Outstanding	176.91Cr	186.86Cr	188.19Cr	226.47Cr	252.55Cr
Normalized Basic EPS	0.05	0.05	0.04	0.05	0.05
Normalized Diluted EPS	0.05	0.05	0.04	0.05	0.05
Dividend Per Share	0.07	0.07	0.07	0.08	0.08
Payout Ratio	11.75	-21.55	193.29	39.08	55
Supplemental Items
EBITDA	18Cr	18Cr	19Cr	27Cr	28Cr
EBITA	17Cr	18Cr	19Cr	27Cr	28Cr
EBIT	17Cr	18Cr	19Cr	27Cr	28Cr
Effective Tax Rate - (Ratio)	-0.15	0.27	0.85	0.07	-
Normalized Net Income	8.46Cr	9.92Cr	8.41Cr	12Cr	13Cr
Interest Capitalized	7L	47L	46L	60L	1.48Cr
Interest on Long-Term Debt	4.04Cr	4.4Cr	5.98Cr	7.37Cr	8.53Cr
Supplemental Operating Expense Items
Marketing Expenses	5L	5L	6L	16L	14L
Selling and Marketing Expenses	5L	5L	6L	16L	14L
General and Administrative Expenses	2.5Cr	3.17Cr	2.83Cr	3.21Cr	3.57Cr
Stock-Based Comp., G&A Exp. (Total)	27L	53L	45L	-	55L
Stock-Based Comp., Other (Total)	55L	19L	29L	-	-
Total Stock-Based Compensation	82L	72L	74L	-	55L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Net Property Plant And Equipment	525.31Cr	484.96Cr	484.59Cr	593.11Cr	737.19Cr
Total Real Estate Assets	525.31Cr	484.96Cr	484.59Cr	593.11Cr	737.19Cr
Cash And Equivalents	7.11Cr	4.76Cr	3.64Cr	8.06Cr	11Cr
Accounts Receivable, Total	71L	1.64Cr	94L	2.65Cr	1.81Cr
Other Receivables	43L	56L	52L	20L	20L
Investment In Debt and Equity Securities	18L	1.99Cr	1.11Cr	76L	28L
Other Intangibles, Total	17L	14L	11L	7L	4L
Restricted Cash	-	-	-	-	2.11Cr
Other Current Assets, Total	2.57Cr	2.8Cr	74L	47Cr	36Cr
Other Long-Term Assets, Total	23Cr	19Cr	19Cr	18Cr	16Cr
Total Assets	559.39Cr	515.51Cr	510.2Cr	669.87Cr	804.58Cr
Liabilities
Current Portion of Long-Term Debt	-	-	-	-	6.56Cr
Long-Term Debt	134.52Cr	161.39Cr	161.52Cr	195.35Cr	266.83Cr
Accounts Payable, Total	6.66Cr	7.5Cr	5.74Cr	7.25Cr	9.42Cr
Accrued Expenses, Total	1.93Cr	3.62Cr	4.47Cr	3.57Cr	6.06Cr
Current Income Taxes Payable	43L	11L	22L	19L	20L
Unearned Revenue, Current	3.86Cr	3.47Cr	3.86Cr	5.95Cr	6.81Cr
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	-	-	48L	43L	1.69Cr
Other Non Current Liabilities	4.34Cr	4.42Cr	51L	39L	1.12Cr
Total Liabilities	151.74Cr	180.51Cr	176.8Cr	213.13Cr	298.69Cr
Common Stock, Total	1.87Cr	1.87Cr	1.9Cr	2.48Cr	2.7Cr
Additional Paid In Capital	76Cr	76Cr	4.92Cr	4.92Cr	4.92Cr
Retained Earnings	233.13Cr	173.19Cr	180.19Cr	320.44Cr	389.46Cr
Comprehensive Income and Other	96Cr	84Cr	146.39Cr	128.9Cr	108.81Cr
Total Common Equity	407.65Cr	335Cr	333.4Cr	456.74Cr	505.89Cr
Total Equity	407.65Cr	335Cr	333.4Cr	456.74Cr	505.89Cr
Total Liabilities And Equity	559.39Cr	515.51Cr	510.2Cr	669.87Cr	804.58Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	186.78Cr	186.88Cr	190.37Cr	248.07Cr	270.21Cr
ECS Total Common Shares Outstanding	186.78Cr	186.88Cr	190.37Cr	248.07Cr	270.21Cr
Book Value / Share	2.18	1.79	1.75	1.84	1.87
Tangible Book Value	407.48Cr	334.86Cr	333.29Cr	456.67Cr	505.85Cr
Tangible Book Value Per Share	2.18	1.79	1.75	1.84	1.87
Total Debt	134.52Cr	161.39Cr	161.52Cr	195.35Cr	273.39Cr
Net Debt	127.41Cr	156.63Cr	157.88Cr	187.29Cr	262.44Cr
Equity Method Investments, Total	2.56Cr	2.72Cr	2.48Cr	2.44Cr	2.52Cr
Account Code - Inventory Valuation	3	3	3	3	3
Accumulated Allowance for Doubtful Accounts (Supple)	1L	3L	3L	6L	50L

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	97Cr	-60Cr	7Cr	45Cr	36Cr
Depreciation, Depletion & Amortization	54L	17L	-	6L	9L
Total Depreciation, Depletion & Amortization	54L	17L	-	6L	9L
Amortization of Deferred Charges, Total	25L	32L	44L	43L	44L
(Gain) Loss On Sale of Asset - (CF)	-20L	-	16L	-84L	1.15Cr
(Gain) Loss on Sale of Investments - (CF)	-28L	-1.49Cr	1.12Cr	44L	88L
Total Asset Writedown	-84Cr	76Cr	4.08Cr	-24Cr	-17Cr
(Income) Loss On Equity Investments - (CF)	-1L	-5L	-4L	-1L	-1L
Stock-Based Compensation (CF)	55L	19L	29L	-	-
Change in Accounts Receivable	-1.2Cr	1.21Cr	35L	-3.34Cr	2.98Cr
Change in Accounts Payable	2.62Cr	-29L	6L	-2.6Cr	1.32Cr
Change in Unearned Revenues	17L	-39L	39L	1.27Cr	-18L
Other Operating Activities	3.71Cr	1.92Cr	4.68Cr	3.55Cr	5.23Cr
Cash from Operations	20Cr	18Cr	19Cr	20Cr	31Cr
Acquisition of Real Estate Assets, Total	-32Cr	-29Cr	-31Cr	-20Cr	-116.86Cr
Sale of Real Estate Assets, Total	42L	-	33Cr	14Cr	35Cr
Net Sale / Acquisition of Real Estate Assets	-31Cr	-29Cr	1.79Cr	-5.84Cr	-81Cr
Cash Acquisitions	-	-	-	-81L	2.06Cr
Investment in Marketable and Equity Securities, Total	-5L	-28L	-6.93Cr	-	15L
Other Investing Activities, Total	-1.41Cr	-1.25Cr	-1.58Cr	-1.58Cr	-62L
Cash from Investing	-33Cr	-30Cr	-6.72Cr	-8.23Cr	-80Cr
Long-Term Debt Issued, Total	25Cr	32Cr	41Cr	34Cr	160.7Cr
Total Debt Issued	25Cr	32Cr	41Cr	34Cr	160.7Cr
Long-Term Debt Repaid, Total	-25Cr	-5.2Cr	-41Cr	-18Cr	-83Cr
Total Debt Repaid	-25Cr	-5.2Cr	-41Cr	-18Cr	-83Cr
Issuance of Common Stock	30Cr	23L	4.96Cr	-	-
Common Dividends Paid	-11Cr	-13Cr	-14Cr	-17Cr	-20Cr
Common & Preferred Stock Dividends Paid	-11Cr	-13Cr	-14Cr	-17Cr	-20Cr
Other Financing Activities, Total	-4.4Cr	-3.89Cr	-4.55Cr	-5.66Cr	-6.44Cr
Cash from Financing	14Cr	10Cr	-13Cr	-6.87Cr	51Cr
Miscellaneous Cash Flow Adjustments	-	-	-1L	-	-
Net Change in Cash	1.33Cr	-2.35Cr	-1.12Cr	4.44Cr	2.89Cr
Supplemental Items
Cash Interest Paid	3.75Cr	3.58Cr	4.79Cr	6.06Cr	6.02Cr
Cash Income Tax Paid (Refund)	-40L	16L	-4L	26L	-
Net Debt Issued / Repaid	0	27Cr	20L	16Cr	78Cr
Levered Free Cash Flow	11Cr	11Cr	13Cr	-32Cr	31Cr
Unlevered Free Cash Flow	13Cr	13Cr	16Cr	-28Cr	35Cr
Change In Net Working Capital	-95L	-53L	-2.87Cr	45Cr	-16Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.16	2.11	2.32	2.81	2.41
Return on Total Capital	2.23	2.19	2.4	2.89	2.48
Return On Equity %	27.8	-16.14	2.09	11.28	7.55
Return on Common Equity	27.8	-16.14	2.09	11.28	7.55
Margin Analysis
Gross Profit Margin %	97.26	96.95	97.25	93.82	93.17
SG&A Margin	13.43	15.12	12.63	11.45	11.32
EBITDA Margin %	93.73	86.1	84.09	90.38	86.85
EBITA Margin %	90.89	85.31	83.35	90.18	86.58
EBIT Margin %	90.89	85.31	83.35	90.18	86.58
Income From Continuing Operations Margin %	512.16	-281.41	30.59	151.38	110.83
Net Income Margin %	512.16	-281.41	30.59	151.38	110.83
Net Avail. For Common Margin %	512.16	-281.41	30.59	151.38	110.83
Normalized Net Income Margin	44.53	46.6	36.77	41.79	39.83
Levered Free Cash Flow Margin	57.75	50.42	55.26	-108.75	94.59
Unlevered Free Cash Flow Margin	68.97	59.98	67.87	-96.41	106.22
Asset Turnover
Asset Turnover	0.04	0.04	0.04	0.05	0.04
Fixed Assets Turnover	0.04	0.04	0.05	0.05	0.05
Receivables Turnover (Average Receivables)	12.78	17.55	17.22	15.66	14.01
Short Term Liquidity
Current Ratio	0.84	0.66	0.4	3.33	1.66
Quick Ratio	0.64	0.47	0.35	0.63	0.42
Operating Cash Flow to Current Liabilities	1.52	1.21	1.25	1.12	1.02
Days Sales Outstanding (Average Receivables)	28.56	20.8	21.19	23.37	26.05
Average Days Payable Outstanding	4.19T	3.98T	3.84T	1.31T	1.36T
Long Term Solvency
Total Debt/Equity	33	48.18	48.45	42.77	54.04
Total Debt / Total Capital	24.81	32.51	32.64	29.96	35.08
LT Debt/Equity	33	48.18	48.45	42.77	52.74
Long-Term Debt / Total Capital	24.81	32.51	32.64	29.96	34.24
Total Liabilities / Total Assets	27.13	35.02	34.65	31.82	37.12
EBIT / Interest Expense	4.53	4.82	3.58	4.08	4.17
EBITDA / Interest Expense	4.67	4.86	3.62	4.09	4.19
(EBITDA - Capex) / Interest Expense	4.67	4.86	3.62	4.09	4.19
Total Debt / EBITDA	7.56	8.8	8.4	7.34	9.6
Net Debt / EBITDA	7.16	8.54	8.21	7.04	9.22
Total Debt / (EBITDA - Capex)	7.56	8.8	8.4	7.34	9.6
Net Debt / (EBITDA - Capex)	7.16	8.54	8.21	7.04	9.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.33	12.16	7.42	28.63	11.38
Gross Profit, 1 Yr. Growth %	14.44	11.8	7.75	24.09	10.61
EBITDA, 1 Yr. Growth %	21.92	3.03	4.91	38.25	7.03
EBITA, 1 Yr. Growth %	21.98	5.27	4.95	39.17	6.93
EBIT, 1 Yr. Growth %	21.98	5.27	4.95	39.17	6.93
Earnings From Cont. Operations, 1 Yr. Growth %	116.42	-161.63	-111.68	536.43	-18.45
Net Income, 1 Yr. Growth %	116.42	-161.63	-111.68	536.43	-18.45
Diluted EPS Before Extra, 1 Yr. Growth %	110.31	-158	-111.59	428.83	-26.89
Normalized Net Income, 1 Yr. Growth %	33.17	17.37	-15.24	46.21	6.15
Net Property, Plant and Equip., 1 Yr. Growth %	29.29	-7.68	-0.08	22.39	24.29
Accounts Receivable, 1 Yr. Growth %	-67.43	130.99	-42.68	181.91	-31.7
Total Assets, 1 Yr. Growth %	26.95	-7.84	-1.03	31.3	20.11
Common Equity, 1 Yr. Growth %	39.54	-17.82	-0.48	36.99	10.76
Tangible Book Value, 1 Yr. Growth %	39.58	-17.82	-0.47	37.02	10.77
Cash From Operations, 1 Yr. Growth %	42.51	-9.54	4.45	5.45	60.08
Levered Free Cash Flow, 1 Yr. Growth %	87.66	-2.06	17.73	-362.47	-198.42
Unlevered Free Cash Flow, 1 Yr. Growth %	65.71	-2.45	21.54	-288.16	-224.92
Dividend Per Share, 1 Yr. Growth %	4.69	4.48	4.29	4.93	4.44
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.08	13.24	9.77	17.55	19.7
Gross Profit, 2 Yr. CAGR %	13.14	13.11	9.76	15.63	17.16
EBITDA, 2 Yr. CAGR %	19.91	12.08	3.97	20.43	21.64
EBITA, 2 Yr. CAGR %	18.27	13.32	5.11	20.86	21.99
EBIT, 2 Yr. CAGR %	18.27	13.32	5.11	20.86	21.99
Earnings From Cont. Operations, 2 Yr. CAGR %	162.45	15.49	-73.17	-13.79	127.82
Net Income, 2 Yr. CAGR %	162.45	15.49	-73.17	-13.79	127.82
Diluted EPS Before Extra, 2 Yr. CAGR %	156.85	10.44	-74.07	-21.7	96.62
Normalized Net Income, 2 Yr. CAGR %	26.76	25.02	-0.26	11.32	24.58
Net Property, Plant and Equip., 2 Yr. CAGR %	21.56	9.25	-3.95	10.59	23.34
Accounts Receivable, 2 Yr. CAGR %	-4.59	-13.27	15.06	27.12	38.76
Total Assets, 2 Yr. CAGR %	20.35	8.16	-4.5	13.99	25.58
Common Equity, 2 Yr. CAGR %	26.16	7.09	-9.56	16.76	23.18
Tangible Book Value, 2 Yr. CAGR %	26.19	7.1	-9.56	16.78	23.2
Cash From Operations, 2 Yr. CAGR %	44.98	13.54	-2.79	4.95	29.93
Levered Free Cash Flow, 2 Yr. CAGR %	-11.23	35.57	7.38	72.63	59.46
Unlevered Free Cash Flow, 2 Yr. CAGR %	-8.7	27.14	8.89	49.02	51.96
Dividend Per Share, 2 Yr. CAGR %	-1.1	4.58	4.38	4.61	4.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.28	12.78	11.27	15.72	15.45
Gross Profit, 3 Yr. CAGR %	11.62	12.69	11.29	14.34	13.93
EBITDA, 3 Yr. CAGR %	-	14	9.64	14.33	15.79
EBITA, 3 Yr. CAGR %	14.59	13.77	10.46	15.42	16.03
EBIT, 3 Yr. CAGR %	14.59	13.77	10.46	15.42	16.03
Earnings From Cont. Operations, 3 Yr. CAGR %	56.74	61.92	-46.2	-22.91	-15.37
Net Income, 3 Yr. CAGR %	56.74	61.92	-46.2	-22.91	-15.37
Diluted EPS Before Extra, 3 Yr. CAGR %	46.64	56.41	-47.9	-29.15	-23.47
Normalized Net Income, 3 Yr. CAGR %	14.3	23.55	9.83	13.3	9.57
Net Property, Plant and Equip., 3 Yr. CAGR %	20.02	10.9	6.05	4.13	14.98
Accounts Receivable, 3 Yr. CAGR %	0.47	28.11	-24.45	55.12	3.34
Total Assets, 3 Yr. CAGR %	21.3	10.11	5.01	6.19	16
Common Equity, 3 Yr. CAGR %	22.07	9.36	4.5	3.86	14.73
Tangible Book Value, 3 Yr. CAGR %	22.06	9.38	4.52	3.87	14.74
Cash From Operations, 3 Yr. CAGR %	27.82	23.89	10.43	-0.12	20.81
Levered Free Cash Flow, 3 Yr. CAGR %	29.08	-8.27	29.34	42.91	42.39
Unlevered Free Cash Flow, 3 Yr. CAGR %	27.46	-6.66	25.25	29.39	39.68
Dividend Per Share, 3 Yr. CAGR %	0	0.72	4.48	4.56	4.55
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	19.81	13.94	10.67	14.66	14.56
Gross Profit, 5 Yr. CAGR %	23.19	13.85	10.87	13.86	13.6
EBITDA, 5 Yr. CAGR %	-	-	-	16.53	14.29
EBITA, 5 Yr. CAGR %	22.36	14.14	10.7	16.55	14.93
EBIT, 5 Yr. CAGR %	22.36	14.14	10.7	16.55	14.93
Earnings From Cont. Operations, 5 Yr. CAGR %	60.3	19.32	-22.64	25.84	-4.16
Net Income, 5 Yr. CAGR %	60.3	19.32	-22.64	25.84	-4.16
Diluted EPS Before Extra, 5 Yr. CAGR %	39.39	10.44	-26.67	18.6	-11.37
Normalized Net Income, 5 Yr. CAGR %	24.97	15.71	8.24	18.51	15.51
Net Property, Plant and Equip., 5 Yr. CAGR %	23.85	13.29	9.79	10.78	12.65
Accounts Receivable, 5 Yr. CAGR %	5.55	25.49	6.07	27.71	-3.65
Total Assets, 5 Yr. CAGR %	23.01	13.9	10.24	11.64	12.8
Common Equity, 5 Yr. CAGR %	23.58	11.67	8.27	12.27	11.61
Tangible Book Value, 5 Yr. CAGR %	23.57	11.66	8.26	12.28	11.62
Cash From Operations, 5 Yr. CAGR %	22.78	15.37	14.56	15.93	17.85
Levered Free Cash Flow, 5 Yr. CAGR %	18.05	10.7	19.91	18.13	39.62
Unlevered Free Cash Flow, 5 Yr. CAGR %	19.76	12.13	19.68	12.55	34.52
Dividend Per Share, 5 Yr. CAGR %	1.56	1.81	1.73	2.26	4.56