Morguard North American Residential Real Estate Investment Trust

MRG-UN.TOTSXReal Estate● Active

$16.73

+$0.11(+0.66%)

Market Cap$584571496

P/E Ratio—

52W High$19.2

52W Low$16.31

Avg Volume27K

Open$16.60

Beta0.93

Cash on Hand Financials Revenue

Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

MRG-UN.TO · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$114.6M▲ +123.6% vs prior year

FY · as of Dec 31, 2025 · Reported in CAD

Cash & Cash Equiv. (CCE)

$114.6M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

+123.6%

vs prior fiscal year

Latest Quarter

$81.3M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CAD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$114.6MCash on Hand

Total Debt$1.77BTotal Debt

Net Cash / Net Debt−$1.66BNet Debt Position

Cash vs Debt Ratio

Cash 6%Morguard North American Residential Real Estate Investment Trust cash as % of market cap: 19.61%% · MCap $1BDebt 94%

Morguard North American Residential Real Estate Investment Trust carries a net debt position of $1.66B. Total debt ($1.77B) exceeds cash on hand ($114.6M). Morguard North American Residential Real Estate Investment Trust cash vs debt ratio: 6% cash / 94% debt.

Net Cash = Cash & ST Investments − Total Debt$114.6M − $1.77B = −$1.66B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

MRG-UN.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

MRG-UN.TO cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$114.6M+123.6%

Dec 31, 2024FY$51.3M+187.6%

Dec 31, 2023FY$17.8M+21.8%

Dec 31, 2022FY$14.6M-44.9%

Dec 31, 2021FY$26.6M-2.7%

MRG-UN.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Real Estate Sector Cash Reserves Comparison

MRG-UN.TO vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

American Tower Corporation

Morguard North American Residential Real Estate Investment TrustYOU

MRG-UN.TO

$114.6M$585M19.6%

Real Estate sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) cash on hand as of December 31, 2025 is $114.6M, comprising $114.6M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Morguard North American Residential Real Estate Investment Trust cash and short-term investments on the balance sheet (10-K filing). Also referred to as Morguard North American Residential Real Estate Investment Trust cash reserves or cash position.

Morguard North American Residential Real Estate Investment Trust annual cash on hand history shows increased +123.6% in 2025: increased +123.6% in 2025. Morguard North American Residential Real Estate Investment Trust cash reserves in 2025 reflect the company's capital allocation strategy.

Morguard North American Residential Real Estate Investment Trust carries total debt of $1.77B against cash of $114.6M, resulting in a net debt position of -$1.66B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

MRG-UN.TO cash on hand · 5 questions

As of December 31, 2025, Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) has $114,634,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $114,634,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $81,318,000. Data sourced from the annual 10-K filing via FMP.

MRG-UN.TO cash on handMRG-UN.TO cash reservesMRG-UN.TO cash 2025how much cash does MRG-UN.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · Morguard North American Residential Real Estate Investment Trust · Morguard North American Residential Real Estate Investment Trust SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025