Morguard North American Residential Real Estate Investment Trust (MRG-UN) — Defensive Interval Ratio

Latest as of March 2026: 12 days

Morguard North American Residential Real Estate Investment Trust (MRG-UN) has a Defensive Interval Ratio of 12 days as of March 2026. Defensive assets of CA$8.76 Million (cash CA$-, short-term investments CA$-, receivables CA$8.76 Million) cover 12 days of daily cash needs of CA$756.33K/day. Check how tangible is Morguard North American Residential Real's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

CA$8.76 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$756.33K
Current Liabilities ÷ 365

Current Liabilities

CA$276.06 Million
CAD

Morguard North American Residential Real Estate Investment Trust Defensive Interval Ratio (2011–2025)

This chart shows how Morguard North American Residential Real Estate Investment Trust's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 12 days, meaning defensive assets of CA$8.76 Million can fund 12 days of operations without new revenue. Also explore Morguard North American Residential Real (MRG-UN) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Morguard North American Residential Real Estate Investment Trust (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Morguard North American Residential Real Estate Investment Trust from 2011 to 2025, covering 15 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see MRG-UN market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 15 days CA$10.63 Million CA$700.45K/day CA$- CA$- ▼ -1 days
2024 16 days CA$12.58 Million CA$801.45K/day CA$- CA$- ▲ +12 days
2023 4 days CA$2.40 Million CA$609.31K/day CA$- CA$- ▼ -1 days
2022 5 days CA$3.50 Million CA$749.76K/day CA$- CA$- ▼ 0 days
2021 5 days CA$2.01 Million CA$396.41K/day CA$- CA$- ▼ -8 days
2020 13 days CA$5.65 Million CA$427.04K/day CA$- CA$- ▼ -2 days
2019 16 days CA$3.33 Million CA$214.10K/day CA$- CA$- ▲ +8 days
2018 7 days CA$3.65 Million CA$503.15K/day CA$- CA$- ▼ -1 days
2017 8 days CA$4.54 Million CA$575.42K/day CA$- CA$- ▲ +5 days
2016 2 days CA$1.16 Million CA$465.49K/day CA$- CA$- ▼ -1 days
2015 3 days CA$886.00K CA$265.48K/day CA$- CA$- ▲ +1 days
2014 3 days CA$717.00K CA$275.48K/day CA$- CA$- ▲ +2 days
2013 1 days CA$564.00K CA$658.03K/day CA$- CA$- ▼ -5 days
2012 6 days CA$1.80 Million CA$299.33K/day CA$- CA$- ▲ +0 days
2011 6 days CA$697.00K CA$124.07K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)