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

Latest as of December 2025: 0.011x

Based on the latest financial reports, Morguard North American Residential Real Estate Investment Trust (MRG-UN) has a cash flow conversion efficiency ratio of 0.011x as of December 2025. 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$23.09 Million ≈ $16.70 Million USD) by net assets (CA$2.11 Billion ≈ $1.52 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

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. Read Morguard North American Residential Real (MRG-UN) total liabilities for a breakdown of total debt and financial obligations.

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
PRA Group Inc NASDAQ:PRAA	-0.010x
E1 Corporation KO:017940	0.114x
Chongqing Machinery & Electric Co. Ltd F:CE3	0.001x
Asia Aviation Public Company Limited BK:AAV	0.385x
PDS Limited NSE:PDSL	-0.080x
PTG Energy PCL BK:PTG	0.112x
Beijing Capital International Airport Company Limited F:BJ1	-0.022x
Flinders Resources Limited V:FDR	-0.007x

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

$424.29 Million

CA$586.53 Million CAD

Market Cap Rank

#13392 Global

#382 in Canada

Share Price

CA$16.79

Change (1 day)

-0.36%

52-Week Range

CA$16.41 - CA$19.06

All Time High

CA$19.45