MCAN Mortgage Corporation
MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the Canadian mortgage activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of securities, loans, real estate investments and private investment activities. It also provides term deposits through… Read more
MCAN Mortgage Corporation - Asset Resilience Ratio
MCAN Mortgage Corporation (MAMTF) has an Asset Resilience Ratio of 0.97% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1996–2023)
This chart shows how MCAN Mortgage Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down MCAN Mortgage Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $49.51 Million | 0.97% |
| Total Liquid Assets | $49.51 Million | 0.97% |
Asset Resilience Insights
- Limited Liquidity: MCAN Mortgage Corporation maintains only 0.97% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
MCAN Mortgage Corporation Industry Peers by Asset Resilience Ratio
Compare MCAN Mortgage Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
PennyMac Financial Services Inc
F:1AC |
Mortgage Finance | 0.24% |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC |
Mortgage Finance | 3.98% |
|
Aavas Financiers Limited
NSE:AAVAS |
Mortgage Finance | 18.85% |
|
Australian Finance Group Ltd
AU:AFG |
Mortgage Finance | 0.00% |
|
Atrium Mortgage Investment Corporation
PINK:AMIVF |
Mortgage Finance | 0.00% |
|
Aptus Value Housing Finance India Limited
NSE:APTUS |
Mortgage Finance | 3.95% |
|
Bajaj Housing Finance
NSE:BAJAJHFL |
Mortgage Finance | 0.00% |
|
Better Home & Finance Holding Company
NYSE:BETR |
Mortgage Finance | 10.91% |
Annual Asset Resilience Ratio for MCAN Mortgage Corporation (1996–2023)
The table below shows the annual Asset Resilience Ratio data for MCAN Mortgage Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 40.72% | $1.93 Billion | $4.74 Billion | +39.41pp |
| 2022-12-31 | 1.32% | $53.74 Million | $4.08 Billion | -0.33pp |
| 2021-12-31 | 1.65% | $62.69 Million | $3.81 Billion | -0.17pp |
| 2020-12-31 | 1.82% | $49.61 Million | $2.73 Billion | -0.30pp |
| 2019-12-31 | 2.12% | $46.14 Million | $2.18 Billion | -0.37pp |
| 2018-12-31 | 2.49% | $53.25 Million | $2.14 Billion | -0.33pp |
| 2017-12-31 | 2.82% | $62.52 Million | $2.22 Billion | +0.40pp |
| 2016-12-31 | 2.42% | $55.13 Million | $2.28 Billion | +0.02pp |
| 2015-12-31 | 2.40% | $53.85 Million | $2.25 Billion | +0.09pp |
| 2014-12-31 | 2.31% | $41.66 Million | $1.81 Billion | -16.42pp |
| 2013-12-31 | 18.73% | $392.09 Million | $2.09 Billion | +5.38pp |
| 2012-12-31 | 13.35% | $398.83 Million | $2.99 Billion | +3.71pp |
| 2011-12-31 | 9.65% | $375.64 Million | $3.89 Billion | +3.47pp |
| 2010-12-31 | 6.17% | $227.56 Million | $3.69 Billion | -8.35pp |
| 2009-12-31 | 14.52% | $73.59 Million | $506.68 Million | +7.55pp |
| 2008-12-31 | 6.97% | $39.74 Million | $570.15 Million | +6.94pp |
| 2007-12-31 | 0.03% | $156.00K | $557.42 Million | -2.48pp |
| 2006-12-31 | 2.50% | $12.47 Million | $498.11 Million | -1.37pp |
| 2005-12-31 | 3.87% | $16.81 Million | $434.37 Million | -1.53pp |
| 2004-12-31 | 5.40% | $24.52 Million | $454.37 Million | -4.56pp |
| 2003-12-31 | 9.95% | $36.78 Million | $369.48 Million | +0.54pp |
| 2002-12-31 | 9.41% | $30.74 Million | $326.55 Million | +0.33pp |
| 2001-12-31 | 9.08% | $20.13 Million | $221.60 Million | +2.12pp |
| 2000-12-31 | 6.97% | $17.17 Million | $246.46 Million | -1.54pp |
| 1999-12-31 | 8.50% | $18.00 Million | $211.70 Million | +1.88pp |
| 1998-12-31 | 6.62% | $13.30 Million | $200.90 Million | +5.08pp |
| 1997-12-31 | 1.54% | $3.00 Million | $194.30 Million | -2.27pp |
| 1996-12-31 | 3.81% | $7.00 Million | $183.60 Million | -- |