MIAPF (Minto Apartment REIT) Current Ratio: 1.04 (As of Mar. 2026) — 63% Above Median


MIAPF Minto Apartment REIT MIAPF
48 GF Score
Price $12.55
GF Value $11.64
Valuation Fairly Valued
! 9 Warning Signs
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What is Minto Apartment REIT Current Ratio?

Minto Apartment REIT MIAPF -0.32% 48 Current Ratio is 1.04 as of Mar. 2026, which is 63% above its 10-year median of 0.64. GuruFocus rates MIAPF with a GF Score™ of 48/100 and a GF Value™ of $11.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 760 REITs companies, Minto Apartment REIT ranks better than 52.63% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Minto Apartment REIT's current ratio for the quarter that ended in Mar. 2026 was 1.04.

Minto Apartment REIT has a current ratio of 1.04. It generally indicates good short-term financial strength.

The historical rank and industry rank for Minto Apartment REIT's Current Ratio or its related term are showing as below:

MIAPF' s Current Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.64   Max: 1.35
Current: 1.04

During the past 11 years, Minto Apartment REIT's highest Current Ratio was 1.35. The lowest was 0.09. And the median was 0.64.

MIAPF's Current Ratio is ranked better than
52.63% of 760 companies
in the REITs industry
Industry Median: 0.98 vs MIAPF: 1.04

Minto Apartment REIT  (OTCPK:MIAPF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Minto Apartment REIT Current Ratio Related Terms


Minto Apartment REIT Current Ratio Historical Data

* Premium members only.

The historical data trend for Minto Apartment REIT's Current Ratio 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.

Minto Apartment REIT Current Ratio Chart

Minto Apartment REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.25 0.73 1.35 0.60

Minto Apartment REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.45 0.09 0.60 1.04

MIAPF vs AVB, EQR, ESS: Current Ratio Comparison

For the REIT - Residential subindustry, Minto Apartment REIT's Current Ratio, along with its competitors' market caps and Current Ratio 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.


Minto Apartment REIT Current Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Minto Apartment REIT's Current Ratio distribution charts can be found below:

* The bar in red indicates where Minto Apartment REIT's Current Ratio falls into.


MIAPF
48GF Score
Minto Apartment REIT MIAPF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Minto Apartment REIT Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Minto Apartment REIT's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=76.713/127.235
=0.60

Minto Apartment REIT's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=147.595/142.56
=1.04

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.04 mean?
Minto Apartment REIT (MIAPF) has a Current Ratio of 1.04 as of Mar. 2026. This is 63% above median its historical median of 0.64. Over the past decade, Minto Apartment REIT's Current Ratio has ranged from 0.09 to 1.35. According to the industry distribution chart, Minto Apartment REIT ranks #360 out of 760 companies in the REITs industry, placing it in the top 47.4%.
Is Minto Apartment REIT's Current Ratio too high?
Minto Apartment REIT's current Current Ratio of 1.04 is 63% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.35. The REITs industry median Current Ratio is 0.98. Minto Apartment REIT's value of 1.04 is 6.1% above this industry median. Based on the distribution chart, Minto Apartment REIT ranks #360 out of 760 companies in the REITs industry, which is above the industry midpoint. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's Current Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #360 out of 760 companies for Current Ratio. This puts Minto Apartment REIT in the upper half of its industry. The industry median Current Ratio is 0.98. Minto Apartment REIT's value of 1.04 is 6.1% above this benchmark. Historically, Minto Apartment REIT's own Current Ratio has ranged from 0.09 to 1.35 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.98, Minto Apartment REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a REITs company?
The median Current Ratio among REITs companies is 0.98, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Minto Apartment REIT's current Current Ratio of 1.04 is 6.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Current Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minto Apartment REIT's current Current Ratio is 1.04, which is 63% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.64, compared to a current price of $12.55 — trading 7.8% above its estimated fair value. The current Current Ratio is 1.04, which is 63% above median its 10-year median of 0.64 and 6.1% above the REITs industry median of 0.98. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Minto Apartment REIT (MIAPF), the current Current Ratio is 1.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Minto Apartment REIT (MIAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued. The current stock price of $12.55 is trading 7.8% above its estimated GF Value™ of $11.64. GuruFocus considers Minto Apartment REIT to be Fairly Valued.

Key valuation signals for MIAPF:

  • Current Ratio: 1.04 (63% above median its 10-year median of 0.64)
  • GF Value™: $11.64 vs. price of $12.55 (7.8% above fair value)
  • GF Score™: 48/100 with 9 warning signs
  • Industry Position: 6.1% above the REITs median (#360 of 760)

No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minto Apartment REIT Business Description

Industry Real EstateREITs
Other Exchanges MI.UN:Canada
Address 180 Kent Street, Suite 200, Ottawa, ON, CAN, K1P 0B6
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
48GF Score

Get the complete analysis for MIAPF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.55
Price
$11.64
GF Value