Morguard North American Residential Real Estate Investment Trust (MRG-UN) — Net Asset Quality Index

Latest as of March 2026: 46.7%

Morguard North American Residential Real Estate Investment Trust (MRG-UN) has a Net Asset Quality Index of 46.7% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$4.62 Billion minus total liabilities of CA$2.46 Billion yields net assets of CA$2.16 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Also explore MRG-UN current and non-current assets for the complete picture of this company's asset base.

Quality Index

46.7%
Equity / Total Assets

Net Assets

CA$2.16 Billion
CAD

Total Assets

CA$4.62 Billion
CAD

Total Liabilities

CA$2.46 Billion
CAD

Morguard North American Residential Real Estate Investment Trust Net Asset Quality Index Over Time (2011–2025)

This chart shows how Morguard North American Residential Real Estate Investment Trust's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 46.7%, representing net assets of CA$2.16 Billion against total assets of CA$4.62 Billion CAD. See Morguard North American Residential Real working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Morguard North American Residential Real Estate Investment Trust (2011–2025)

The table below presents the year-by-year Net Asset Quality Index for Morguard North American Residential Real Estate Investment Trust from 2011 to 2025, covering 15 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Morguard North American Residential Real market cap and net worth.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 46.4% CA$2.11 Billion CA$4.54 Billion CA$2.43 Billion ▲ +0.2 pp
2024 46.2% CA$2.11 Billion CA$4.57 Billion CA$2.46 Billion ▼ -1.6 pp
2023 47.8% CA$1.96 Billion CA$4.10 Billion CA$2.14 Billion ▲ +0.7 pp
2022 47.2% CA$1.86 Billion CA$3.93 Billion CA$2.08 Billion ▲ +2.2 pp
2021 45.0% CA$1.56 Billion CA$3.47 Billion CA$1.91 Billion ▲ +1.3 pp
2020 43.7% CA$1.35 Billion CA$3.08 Billion CA$1.74 Billion ▲ +3.3 pp
2019 40.4% CA$1.23 Billion CA$3.03 Billion CA$1.81 Billion ▲ +3.0 pp
2018 37.5% CA$1.13 Billion CA$3.01 Billion CA$1.88 Billion ▲ +2.8 pp
2017 34.6% CA$917.71 Million CA$2.65 Billion CA$1.73 Billion ▲ +4.7 pp
2016 29.9% CA$684.03 Million CA$2.29 Billion CA$1.60 Billion ▼ -1.8 pp
2015 31.7% CA$684.97 Million CA$2.16 Billion CA$1.48 Billion ▲ +0.4 pp
2014 31.3% CA$573.60 Million CA$1.83 Billion CA$1.26 Billion ▲ +0.0 pp
2013 31.3% CA$522.96 Million CA$1.67 Billion CA$1.15 Billion ▼ -6.2 pp
2012 37.5% CA$375.39 Million CA$1.00 Billion CA$624.80 Million ▲ +2.1 pp
2011 35.4% CA$246.54 Million CA$696.52 Million CA$449.99 Million
pp = percentage points