Morguard North American Residential Real Estate Investment Trust (MRG-UN) — Net Asset Quality Index
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. Read MRG-UN liabilities breakdown for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
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. For live market cap and overall valuation, see Morguard North American Residential Real market cap and net worth.
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. Check Morguard North American Residential Real strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
| 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 | — |