Morguard Real Estate Investment Trust (Morguard Real Estate Investment Trust) Equity-to-Asset : 0.42 (As of Dec. 2023)

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What is Morguard Real Estate Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Morguard Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $716.4 Mil. Morguard Real Estate Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was $1,699.6 Mil. Therefore, Morguard Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

The historical rank and industry rank for Morguard Real Estate Investment Trust's Equity-to-Asset or its related term are showing as below:

MGRUF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.52 Max: 0.54
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Morguard Real Estate Investment Trust was 0.54. The lowest was 0.42. And the median was 0.52.

MGRUF's Equity-to-Asset is ranked worse than
77.76% of 859 companies
in the REITs industry
Industry Median: 0.57 vs MGRUF: 0.42

Morguard Real Estate Investment Trust Equity-to-Asset Historical Data

The historical data trend for Morguard Real Estate Investment Trust's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Morguard Real Estate Investment Trust Equity-to-Asset Chart

Morguard Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.52

0.45

0.46

0.44

0.42

Morguard Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.44	0.44	0.44	0.43	0.42

Competitive Comparison of Morguard Real Estate Investment Trust's Equity-to-Asset

For the REIT - Diversified subindustry, Morguard Real Estate Investment Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Morguard Real Estate Investment Trust's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Morguard Real Estate Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Morguard Real Estate Investment Trust's Equity-to-Asset falls into.

Morguard Real Estate Investment Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Morguard Real Estate Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	716.447	/	1699.644
	=	0.42

Morguard Real Estate Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	716.447	/	1699.644
	=	0.42

Morguard Real Estate Investment Trust (OTCPK:MGRUF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Morguard Real Estate Investment Trust Equity-to-Asset Related Terms

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Morguard Real Estate Investment Trust (Morguard Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Morguard Real Estate Investment Trust (OTCPK:MGRUF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

MRT.UN:Canada

Address

55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3

Website

https://www.morguard.com

Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It generates maximum revenue from the Retail segment.