As of June 21, 2025, Morguard North American Residential Real Estate Investment Trust (MRG.UN.TO) reports a Current Ratio of 0.57.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Morguard North American Residential Real Estate Investment Trust's Current Ratio
Over recent years, Morguard North American Residential Real Estate Investment Trust's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.57 |
| 2023-12-31 | 0.19 |
| 2022-12-31 | 0.74 |
| 2021-12-31 | 0.83 |
| 2020-12-31 | 0.32 |
This slight downward trend highlights how Morguard North American Residential Real Estate Investment Trust manages its short-term assets and liabilities over time.
Comparing Morguard North American Residential Real Estate Investment Trust's Current Ratio to Peers
To better understand Morguard North American Residential Real Estate Investment Trust's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Morguard North American Residential Real Estate Investment Trust (MRG.UN.TO) | 0.57 |
| Firm Capital Apartment Real Estate Investment Trust (FCA.UN.V) | 7.93 |
| Bluerock Residential Growth REIT Inc (BRG) | 5.28 |
| UMH Properties Inc (UMH) | 4.14 |
| Hersha Hospitality Trust (HT) | 2.51 |
| NexPoint Residential Trust Inc (NXRT) | 1.79 |
Compared to its competitors, Morguard North American Residential Real Estate Investment Trust's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.