MRG-UN.TO
Price:
$17.95
Market Cap:
$657.63M
The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,275 residential suites (as of October 27, 2020) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $3.1...[Read more]
Industry
REIT - Residential
IPO Date
2014-02-06
Stock Exchange
TSX
Ticker
MRG-UN.TO
According to Morguard North American Residential Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of 4.03% compared to the average of 0.39 of the last 4 quarters.
The mean historical Current Ratio of Morguard North American Residential Real Estate Investment Trust over the last ten years is 0.46. The current 0.40 Current Ratio has changed 8.71% with respect to the historical average. Over the past ten years (40 quarters), MRG-UN.TO's Current Ratio was at its highest in in the June 2022 quarter at 0.95. The Current Ratio was at its lowest in in the September 2017 quarter at 0.11.
Average
0.46
Median
0.41
Minimum
0.19
Maximum
0.83
Discovering the peaks and valleys of Morguard North American Residential 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 = 544.83%
Maximum Annual Current Ratio = 0.83
Minimum Annual Increase = -73.72%
Minimum Annual Current Ratio = 0.19
Year | Current Ratio | Change |
---|---|---|
2023 | 0.19 | -73.72% |
2022 | 0.74 | -11.51% |
2021 | 0.83 | 159.58% |
2020 | 0.32 | -53.69% |
2019 | 0.69 | 237.49% |
2018 | 0.21 | -0.03% |
2017 | 0.21 | -42.75% |
2016 | 0.36 | -36.11% |
2015 | 0.56 | 24.40% |
2014 | 0.45 | 544.83% |
The current Current Ratio of Morguard North American Residential Real Estate Investment Trust (MRG-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
0.59
5-year avg
0.56
10-year avg
0.46
Morguard North American Residential Real Estate Investment Trust’s Current Ratio is greater than Morguard Real Estate Investment Trust (0), greater than Killam Apartment REIT (0.10), greater than InterRent Real Estate Investment Trust (0.05), greater than Minto Apartment Real Estate Investment Trust (0.29), greater than Crombie Real Estate Investment Trust (0.14),
Company | Current Ratio | Market cap |
---|---|---|
0 | $353.57M | |
0.10 | $2.21B | |
0.05 | $1.66B | |
0.29 | $559.23M | |
0.14 | $2.72B |
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