Mainstreet Equity Corp.

Mainstreet Equity Corp.verified

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

The Current Ratio as of November 2024 (TTM) for Mainstreet Equity Corp. (MEQ.TO) is 0.40

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.

Mainstreet Equity Corp. (MEQ.TO) Historical Current Ratio (quarterly & annually)

How has MEQ.TO Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

0.38

Median

0.27

Minimum

0.04

Maximum

1.23

Mainstreet Equity Corp. (MEQ.TO) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.6421.75%
20220.520.41%
20210.5226.03%
20200.41839.19%
20190.04-64.75%
20180.13-89.78%
20171.23958.33%
20160.1255.59%
20150.072.25%
20140.07-66.48%

Mainstreet Equity Corp. (MEQ.TO) Average Current Ratio

How has MEQ.TO Current Ratio performed in the past?

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. (MEQ.TO) Current Ratio vs. Peers

How is MEQ.TO’s Current Ratio compared to its peers?

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),

Build a custom stock screener for Mainstreet Equity Corp. (MEQ.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Mainstreet Equity Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Mainstreet Equity Corp. (MEQ.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Mainstreet Equity Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Mainstreet Equity Corp.'s Current Ratio?

How is the Current Ratio calculated for Mainstreet Equity Corp. (MEQ.TO)?

What is the highest Current Ratio for Mainstreet Equity Corp. (MEQ.TO)?

What is the 3-year average Current Ratio for Mainstreet Equity Corp. (MEQ.TO)?

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?