Morguard Corporation

MRC.TOTSXReal Estate● Active

$122.00

+$0.00(+0.00%)

Market Cap$1.3B

P/E Ratio—

52W High$127.4

52W Low$0.01

Avg Volume2K

Open$122.00

Beta0.48

Overview

Morguard Corporation (MRC.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.

MRC.TO · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

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

$184.6M▲ +31.2% vs prior year

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

Cash & Cash Equiv. (CCE)

$184.6M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

+31.2%

vs prior fiscal year

Latest Quarter

$193.0M

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$184.6MCash on Hand

Total Debt$5.62BTotal Debt

Net Cash / Net Debt−$5.44BNet Debt Position

Cash vs Debt Ratio

Cash 3%Morguard Corporation cash as % of market cap: 14.17%% · MCap $1BDebt 97%

Morguard Corporation carries a net debt position of $5.44B. Total debt ($5.62B) exceeds cash on hand ($184.6M). Morguard Corporation cash vs debt ratio: 3% cash / 97% debt.

Net Cash = Cash & ST Investments − Total Debt$184.6M − $5.62B = −$5.44B

Cash on hand history

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

YoY Increase

YoY Decrease

Latest Year

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

Annual cash on hand by year

MRC.TO cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$184.6M+31.2%

Dec 31, 2024FY$140.7M+20.8%

Dec 31, 2023FY$116.5M+4.2%

Dec 31, 2022FY$111.8M-35.6%

Dec 31, 2021FY$173.7M+22.2%

MRC.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

MRC.TO vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

American Tower Corporation

Morguard CorporationYOU

MRC.TO

$184.6M$1B14.2%

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 Corporation (MRC.TO) cash on hand as of December 31, 2025 is $184.6M, comprising $184.6M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Morguard Corporation cash and short-term investments on the balance sheet (10-K filing). Also referred to as Morguard Corporation cash reserves or cash position.

Morguard Corporation annual cash on hand history shows increased +31.2% in 2025: increased +31.2% in 2025. Morguard Corporation cash reserves in 2025 reflect the company's capital allocation strategy.

Morguard Corporation carries total debt of $5.62B against cash of $184.6M, resulting in a net debt position of -$5.44B. 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

MRC.TO cash on hand · 5 questions

As of December 31, 2025, Morguard Corporation (MRC.TO) has $184,618,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $184,618,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $192,957,000. Data sourced from the annual 10-K filing via FMP.

MRC.TO cash on handMRC.TO cash reservesMRC.TO cash 2025how much cash does MRC.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · Morguard Corporation · Morguard Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025