Morguard North American Residential Real Estate Investment Trust (MRG-UN) — Capital Reinvestment Ratio
Morguard North American Residential Real Estate Investment Trust (MRG-UN) has a Capital Reinvestment Ratio of 0.63x as of March 2019, meaning it reinvests 1% of its operating cash flow (CA$8.40 Million) in capital expenditures (CA$5.29 Million). Check MRG-UN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Morguard North American Residential Real Estate Investment Trust Capital Reinvestment Ratio (2011–2019)
This chart tracks Morguard North American Residential Real Estate Investment Trust's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see MRG-UN operating cash flow.
Annual Capital Reinvestment Ratio for Morguard North American Residential Real Estate Investment Trust (2011–2019)
Year-by-year Capital Reinvestment Ratio for Morguard North American Residential Real Estate Investment Trust from 2011 to 2019. See Morguard North American Residential Real (MRG-UN) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2019 | 1.21x | CA$62.48 Million | CA$75.84 Million | ▼ -81.4% |
| 2017 | 6.52x | CA$59.48 Million | CA$387.57 Million | ▲ +290.4% |
| 2016 | 1.67x | CA$52.60 Million | CA$87.80 Million | ▼ -22.5% |
| 2015 | 2.15x | CA$42.58 Million | CA$91.70 Million | ▲ +176.2% |
| 2014 | 0.78x | CA$36.21 Million | CA$28.23 Million | ▼ -96.9% |
| 2012 | 25.54x | CA$4.11 Million | CA$105.03 Million | ▲ +6549.0% |
| 2011 | 0.38x | CA$21.12 Million | CA$8.11 Million | — |