Minto Apartment Real Estate Investment Trust

Minto Apartment Real Estate Investment Trustverified

MI-UN.TO

Price:

$17.01

Market Cap:

$678.86M

Minto Apartment Real Estate Investment Trust, an open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada. As of December 31, 2020, its portfolio consists of interests in 29 multi-residential rental properties, including three mixed-use residential apartment and commercial buildings in Toronto, Ottawa, Montréal, Calgary, and Edmonton. Minto Apartment Real Estate Investment Trust was founded in 2018 and is headquartered in Ottawa, Canada.[Read more]

Industry

REIT - Residential

IPO Date

2018-08-23

Stock Exchange

TSX

Ticker

MI-UN.TO

The Current Ratio as of September 2024 (TTM) for Minto Apartment Real Estate Investment Trust (MI-UN.TO) is 0.29

According to Minto Apartment Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.29. This represents a change of -59.31% compared to the average of 0.72 of the last 4 quarters.

Minto Apartment Real Estate Investment Trust (MI-UN.TO) Historical Current Ratio (quarterly & annually)

How has MI-UN.TO Current Ratio performed in the past?

The mean historical Current Ratio of Minto Apartment Real Estate Investment Trust over the last ten years is 0.65. The current 0.29 Current Ratio has changed 4.46% with respect to the historical average. Over the past ten years (40 quarters), MI-UN.TO's Current Ratio was at its highest in in the September 2020 quarter at 1.21. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

0.65

Median

0.76

Minimum

0.16

Maximum

1.01

Minto Apartment Real Estate Investment Trust (MI-UN.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Minto Apartment Real Estate Investment Trust 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 = 290.72%

Maximum Annual Current Ratio = 1.01

Minimum Annual Increase = -73.72%

Minimum Annual Current Ratio = 0.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.01290.72%
20220.26-71.36%
20210.90-2.95%
20200.93244.65%
20190.2766.48%
20180.16-73.72%
20170.62-18.40%
20160.76-16.56%

Minto Apartment Real Estate Investment Trust (MI-UN.TO) Average Current Ratio

How has MI-UN.TO Current Ratio performed in the past?

The current Current Ratio of Minto Apartment Real Estate Investment Trust (MI-UN.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.72

5-year avg

0.68

10-year avg

0.65

Minto Apartment Real Estate Investment Trust (MI-UN.TO) Current Ratio vs. Peers

How is MI-UN.TO’s Current Ratio compared to its peers?

Minto Apartment Real Estate Investment Trust’s Current Ratio is greater than InterRent Real Estate Investment Trust (0.05), greater than Killam Apartment REIT (0.10), less than Morguard North American Residential Real Estate Investment Trust (0.80), less than First Capital Real Estate Investment Trust (1.22), greater than BSR Real Estate Investment Trust (0.12),

Build a custom stock screener for Minto Apartment Real Estate Investment Trust (MI-UN.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 Minto Apartment Real Estate Investment Trust 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.

Minto Apartment Real Estate Investment Trust (MI-UN.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Minto Apartment Real Estate Investment Trust 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 Minto Apartment Real Estate Investment Trust's Current Ratio?

How is the Current Ratio calculated for Minto Apartment Real Estate Investment Trust (MI-UN.TO)?

What is the highest Current Ratio for Minto Apartment Real Estate Investment Trust (MI-UN.TO)?

What is the 3-year average Current Ratio for Minto Apartment Real Estate Investment Trust (MI-UN.TO)?

What is the 5-year average Current Ratio for Minto Apartment Real Estate Investment Trust (MI-UN.TO)?

How does the current Current Ratio for Minto Apartment Real Estate Investment Trust (MI-UN.TO) compare to its historical average?