MCAN Mortgage Corporation Total Assets
MCAN Mortgage Corporation total assets. Based on the latest financial reports, MCAN Mortgage Corporation (MKP) holds total assets worth CA$6.64 Billion CAD (≈ $4.80 Billion USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see MCAN Mortgage Corporation market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of MCAN Mortgage Corporation (1996–2025)
Total assets of MCAN Mortgage Corporation from 1996 to 2025. This chart illustrates how MCAN Mortgage Corporation's total assets have evolved over time, based on quarterly financial data. See current stock price of MCAN Mortgage Corporation for real-time trading data and today's change.
MCAN Mortgage Corporation - Asset Composition Analysis
MCAN Mortgage Corporation Total Assets Breakdown (December 2025)
MCAN Mortgage Corporation total assets breakdown as of December 2025. MCAN Mortgage Corporation's total assets of CA$6.64 Billion consist of 3.3% current assets and 96.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$79.83 Million | 2.3% |
| Accounts Receivable | CA$10.27 Million | 0.2% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$11.17 Million | 0.2% |
| Intangible Assets | CA$3.43 Million | 0.1% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (1996–2025)
This chart illustrates how MCAN Mortgage Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital position of MCAN Mortgage Corporation to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MCAN Mortgage Corporation's current assets represent 3.3% of total assets in 2025, a decrease from 3.8% in 1996.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2025, up from 0.0% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is cash and equivalents at 2.3% of total assets.
MCAN Mortgage Corporation Competitors by Total Assets
Key competitors of MCAN Mortgage Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PNB Housing Finance Limited
NSE:PNBHOUSING
|
India | Rs857.56 Billion |
|
ECN Capital Corp
TO:ECN
|
Canada | CA$991.84 Million |
|
UWM Holdings Corp
NYSE:UWMC
|
USA | $19.27 Billion |
|
Timbercreek Financial Corp
TO:TF
|
Canada | CA$2.08 Billion |
|
Reliance Home Finance Limited
NSE:RHFL
|
India | Rs153.10 Billion |
|
Australian Finance Group Ltd
AU:AFG
|
Australia | AU$7.92 Billion |
|
Resimac Group Ltd
AU:RMC
|
Australia | AU$16.65 Billion |
|
N1 Holdings Ltd
AU:N1H
|
Australia | AU$271.34 Million |
MCAN Mortgage Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.22 | 3.89 | 2.03 |
| Quick Ratio | 6.22 | 3.89 | 1.83 |
| Cash Ratio | 0.00 | 0.00 | 0.12 |
| Working Capital | CA$188.92 Million | CA$44.68 Million | CA$1.56 Billion |
MCAN Mortgage Corporation - Advanced Valuation Insights
This section examines the relationship between MCAN Mortgage Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.30 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 21.1% |
| Total Assets | CA$6.48 Billion |
| Market Capitalization | $652.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values MCAN Mortgage Corporation's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MCAN Mortgage Corporation's assets grew by 21.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MCAN Mortgage Corporation (1996–2025)
The table below shows the annual total assets of MCAN Mortgage Corporation from 1996 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$6.48 Billion ≈ $4.69 Billion |
+21.13% |
| 2024-12-31 | CA$5.35 Billion ≈ $3.87 Billion |
+12.84% |
| 2023-12-31 | CA$4.74 Billion ≈ $3.43 Billion |
+16.19% |
| 2022-12-31 | CA$4.08 Billion ≈ $2.95 Billion |
+7.11% |
| 2021-12-31 | CA$3.81 Billion ≈ $2.75 Billion |
+39.56% |
| 2020-12-31 | CA$2.73 Billion ≈ $1.97 Billion |
+25.21% |
| 2019-12-31 | CA$2.18 Billion ≈ $1.58 Billion |
+1.79% |
| 2018-12-31 | CA$2.14 Billion ≈ $1.55 Billion |
-3.42% |
| 2017-12-31 | CA$2.22 Billion ≈ $1.60 Billion |
-2.81% |
| 2016-12-31 | CA$2.28 Billion ≈ $1.65 Billion |
+1.51% |
| 2015-12-31 | CA$2.25 Billion ≈ $1.63 Billion |
+24.44% |
| 2014-12-31 | CA$1.81 Billion ≈ $1.31 Billion |
-13.74% |
| 2013-12-31 | CA$2.09 Billion ≈ $1.51 Billion |
-29.91% |
| 2012-12-31 | CA$2.99 Billion ≈ $2.16 Billion |
-23.30% |
| 2011-12-31 | CA$3.89 Billion ≈ $2.82 Billion |
+572.91% |
| 2010-12-31 | CA$578.70 Million ≈ $418.62 Million |
+14.21% |
| 2009-12-31 | CA$506.68 Million ≈ $366.53 Million |
-11.13% |
| 2008-12-31 | CA$570.15 Million ≈ $412.44 Million |
+2.28% |
| 2007-12-31 | CA$557.42 Million ≈ $403.23 Million |
+11.91% |
| 2006-12-31 | CA$498.11 Million ≈ $360.32 Million |
+14.67% |
| 2005-12-31 | CA$434.37 Million ≈ $314.22 Million |
-4.40% |
| 2004-12-31 | CA$454.37 Million ≈ $328.68 Million |
+22.98% |
| 2003-12-31 | CA$369.48 Million ≈ $267.27 Million |
+13.15% |
| 2002-12-31 | CA$326.55 Million ≈ $236.22 Million |
+47.36% |
| 2001-12-31 | CA$221.60 Million ≈ $160.30 Million |
-10.08% |
| 2000-12-31 | CA$246.46 Million ≈ $178.28 Million |
+16.42% |
| 1999-12-31 | CA$211.70 Million ≈ $153.14 Million |
+5.38% |
| 1998-12-31 | CA$200.90 Million ≈ $145.33 Million |
+3.40% |
| 1997-12-31 | CA$194.30 Million ≈ $140.55 Million |
+5.83% |
| 1996-12-31 | CA$183.60 Million ≈ $132.81 Million |
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About MCAN Mortgage Corporation
MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in real estate lending and investing, including residential mortgage and construction lending, non-residential construction and commercial lending, as well as portfolio of securities, loans, real estate investments and private investment activities. It also provides term deposits throug… Read more