Morguard North American Residential Real Estate Investment Trust (MRG-UN) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.008x

Based on the latest financial reports, Morguard North American Residential Real Estate Investment Trust (MRG-UN) has a cash flow conversion efficiency ratio of 0.008x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$17.67 Million ≈ $12.79 Million USD) by net assets (CA$2.16 Billion ≈ $1.56 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Morguard North American Residential Real (MRG-UN) liquidity interval to measure how many days the company can operate on defensive assets alone.

Morguard North American Residential Real Estate Investment Trust - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Morguard North American Residential Real Estate Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Morguard North American Residential Real Estate Investment Trust Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Morguard North American Residential Real Estate Investment Trust ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Varex Imaging Corp NASDAQ:VREX	-0.003x
Utechzone Co Ltd TWO:3455	0.041x
Trusval Technology Co Ltd TWO:6667	-0.055x
LF Corp KO:093050	0.051x
Guangdong TianYiMa Information Industry Co.Ltd. SHE:301178	N/A
Suzhou Weizhixiang Food Co. Ltd. SHG:605089	N/A
Eg Industries Bhd KLSE:8907	0.082x
Yunnan Yuntou Ecology and Environment Technology Co Ltd SHE:002200	-0.375x

Annual Cash Flow Conversion Efficiency for Morguard North American Residential Real Estate Investment Trust (2011–2025)

The table below shows the annual cash flow conversion efficiency of Morguard North American Residential Real Estate Investment Trust from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see MRG-UN stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$2.11 Billion ≈ $1.52 Billion	CA$87.76 Million ≈ $63.48 Million	0.042x	-9.73%
2024-12-31	CA$2.11 Billion ≈ $1.53 Billion	CA$97.50 Million ≈ $70.53 Million	0.046x	+1.69%
2023-12-31	CA$1.96 Billion ≈ $1.42 Billion	CA$88.97 Million ≈ $64.36 Million	0.045x	+12.05%
2022-12-31	CA$1.86 Billion ≈ $1.34 Billion	CA$75.17 Million ≈ $54.38 Million	0.041x	-0.68%
2021-12-31	CA$1.56 Billion ≈ $1.13 Billion	CA$63.70 Million ≈ $46.08 Million	0.041x	+9.67%
2020-12-31	CA$1.35 Billion ≈ $974.85 Million	CA$50.13 Million ≈ $36.26 Million	0.037x	-27.03%
2019-12-31	CA$1.23 Billion ≈ $886.72 Million	CA$62.48 Million ≈ $45.20 Million	0.051x	-4.10%
2018-12-31	CA$1.13 Billion ≈ $815.88 Million	CA$59.95 Million ≈ $43.36 Million	0.053x	-17.99%
2017-12-31	CA$917.71 Million ≈ $663.85 Million	CA$59.48 Million ≈ $43.02 Million	0.065x	-15.72%
2016-12-31	CA$684.03 Million ≈ $494.81 Million	CA$52.60 Million ≈ $38.05 Million	0.077x	+23.70%
2015-12-31	CA$684.97 Million ≈ $495.49 Million	CA$42.58 Million ≈ $30.80 Million	0.062x	-1.52%
2014-12-31	CA$573.60 Million ≈ $414.93 Million	CA$36.21 Million ≈ $26.19 Million	0.063x	-14.69%
2013-12-31	CA$522.96 Million ≈ $378.30 Million	CA$38.70 Million ≈ $27.99 Million	0.074x	+575.36%
2012-12-31	CA$375.39 Million ≈ $271.55 Million	CA$4.11 Million ≈ $2.98 Million	0.011x	-87.21%
2011-12-31	CA$246.54 Million ≈ $178.34 Million	CA$21.12 Million ≈ $15.28 Million	0.086x	--

About Morguard North American Residential Real Estate Investment Trust

TO:MRG-UN Canada REIT - Residential

Market Cap

$429.74 Million

CA$594.06 Million CAD

Market Cap Rank

#13213 Global

#385 in Canada

Share Price

CA$17.00

Change (1 day)

+0.29%

52-Week Range

CA$16.35 - CA$19.06

All Time High

CA$19.45