Morguard North American Residential Real Estate Investment Trust (MRG-UN) — Cash Flow Quality Index
Morguard North American Residential Real Estate Investment Trust (MRG-UN) has a Cash Flow Quality Index of 0.46x as of March 2026. Operating cash flow of CA$17.67 Million is below net income of CA$38.18 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Morguard North American Residential Real strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Morguard North American Residential Real Estate Investment Trust Cash Flow Quality Index (2011–2025)
Historical Cash Flow Quality Index for Morguard North American Residential Real Estate Investment Trust across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Morguard North American Residential Real tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Morguard North American Residential Real Estate Investment Trust (2011–2025)
Year-by-year earnings quality comparison for Morguard North American Residential Real Estate Investment Trust. For live market cap and the full company financial profile, see Morguard North American Residential Real market cap and net worth.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | CA$87.76 Million | CA$111.53 Million | ▼ -19.8% |
| 2024 | 0.98x | CA$97.50 Million | CA$99.40 Million | ▲ +104.3% |
| 2023 | 0.48x | CA$88.97 Million | CA$185.28 Million | ▲ +53.0% |
| 2022 | 0.31x | CA$75.17 Million | CA$239.56 Million | ▲ +20.7% |
| 2021 | 0.26x | CA$63.70 Million | CA$244.97 Million | ▼ -13.5% |
| 2020 | 0.30x | CA$50.13 Million | CA$166.81 Million | ▼ -61.5% |
| 2019 | 0.78x | CA$62.48 Million | CA$80.13 Million | ▲ +127.3% |
| 2018 | 0.34x | CA$59.95 Million | CA$174.71 Million | ▼ -0.1% |
| 2017 | 0.34x | CA$59.48 Million | CA$173.13 Million | ▼ -79.1% |
| 2016 | 1.64x | CA$52.60 Million | CA$31.98 Million | ▲ +53.3% |
| 2015 | 1.07x | CA$42.58 Million | CA$39.68 Million | ▲ +16.2% |
| 2014 | 0.92x | CA$36.21 Million | CA$39.21 Million | ▲ +37.3% |
| 2013 | 0.67x | CA$38.70 Million | CA$57.54 Million | ▲ +2970.2% |
| 2012 | 0.02x | CA$4.11 Million | CA$187.78 Million | ▼ -91.0% |
| 2011 | 0.24x | CA$21.12 Million | CA$86.80 Million | — |