MEQ.TO
Price:
$208.17
Market Cap:
$1.94B
Mainstreet Equity Corp. engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties in Western Canada. The company owns a portfolio of multi-family residential properties in Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, it had a total portfolio of 15,071 revenue producing units consisting of townhouses, garden-style apartments, and concrete mid-rise and high-rise apartments, condo suites and 2 freestanding commercial houses. The company was founded in 1997 and is headquartered in Calgary, Canada.[Read more]
Industry
Real Estate - Services
IPO Date
2000-06-01
Stock Exchange
TSX
Ticker
MEQ.TO
According to Mainstreet Equity Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of -44.22% compared to the average of 0.72 of the last 4 quarters.
The mean historical Current Ratio of Mainstreet Equity Corp. over the last ten years is 0.38. The current 0.40 Current Ratio has changed 10.57% with respect to the historical average. Over the past ten years (40 quarters), MEQ.TO's Current Ratio was at its highest in in the March 2017 quarter at 2.95. The Current Ratio was at its lowest in in the September 2019 quarter at 0.04.
Average
0.38
Median
0.27
Minimum
0.04
Maximum
1.23
Discovering the peaks and valleys of Mainstreet Equity Corp. 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 = 958.33%
Maximum Annual Current Ratio = 1.23
Minimum Annual Increase = -89.78%
Minimum Annual Current Ratio = 0.04
Year | Current Ratio | Change |
---|---|---|
2023 | 0.64 | 21.75% |
2022 | 0.52 | 0.41% |
2021 | 0.52 | 26.03% |
2020 | 0.41 | 839.19% |
2019 | 0.04 | -64.75% |
2018 | 0.13 | -89.78% |
2017 | 1.23 | 958.33% |
2016 | 0.12 | 55.59% |
2015 | 0.07 | 2.25% |
2014 | 0.07 | -66.48% |
The current Current Ratio of Mainstreet Equity Corp. (MEQ.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
0.56
5-year avg
0.43
10-year avg
0.38
Mainstreet Equity Corp.’s Current Ratio is greater than Morguard Corporation (0.29), less than Melcor Developments Ltd. (25.74), greater than Boardwalk Real Estate Investment Trust (0.23), less than Genesis Land Development Corp. (0.77), less than FirstService Corporation (1.81),
Company | Current Ratio | Market cap |
---|---|---|
0.29 | $1.30B | |
25.74 | $404.23M | |
0.23 | $3.56B | |
0.77 | $227.14M | |
1.81 | $11.78B |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Mainstreet Equity Corp. (MEQ.TO)?
How does the current Current Ratio for Mainstreet Equity Corp. (MEQ.TO) compare to its historical average?