Morguard North American Residential Real Estate Investment Trust (MRG-UN) — Tangible Net Worth Ratio
Morguard North American Residential Real Estate Investment Trust (MRG-UN) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$2.16 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Morguard North American Residential Real (MRG-UN) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Morguard North American Residential Real Estate Investment Trust Tangible Net Worth Ratio (2011–2025)
This chart shows how Morguard North American Residential Real Estate Investment Trust's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of CA$2.16 Billion with intangible assets of CA$0.00 CAD. Also explore MRG-UN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Morguard North American Residential Real Estate Investment Trust (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Morguard North American Residential Real Estate Investment Trust from 2011 to 2025, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Morguard North American Residential Real worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | CA$2.11 Billion | CA$0.00 | CA$4.54 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | CA$2.11 Billion | CA$0.00 | CA$4.57 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$1.96 Billion | CA$0.00 | CA$4.10 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | CA$1.86 Billion | CA$0.00 | CA$3.93 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | CA$1.56 Billion | CA$0.00 | CA$3.47 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.35 Billion | CA$0.00 | CA$3.08 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.23 Billion | CA$0.00 | CA$3.03 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | CA$1.13 Billion | CA$0.00 | CA$3.01 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | CA$917.71 Million | CA$0.00 | CA$2.65 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | CA$684.03 Million | CA$0.00 | CA$2.29 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | CA$684.97 Million | CA$0.00 | CA$2.16 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | CA$573.60 Million | CA$0.00 | CA$1.83 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | CA$522.96 Million | CA$0.00 | CA$1.67 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | CA$375.39 Million | CA$0.00 | CA$1.00 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CA$246.54 Million | CA$0.00 | CA$696.52 Million | — |