MNARF Effective Interest Rate on Debt %: 4.22% (As of Mar. 2026)


MNARF Morguard North American Residential Real Estate Investment Trust MNARF
66 GF Score
Price $12.18
GF Value $10.50
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Morguard North American Residential Real Estate Investment Trust Effective Interest Rate on Debt %?

Morguard North American Residential Real Estate Investment Trust MNARF 66 Effective Interest Rate on Debt % is 4.22% as of Mar. 2026. GuruFocus rates MNARF with a GF Score™ of 66/100 and a GF Value™ of $10.50 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Morguard North American Residential Real Estate Investment Trust's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $54.5 Mil. Morguard North American Residential Real Estate Investment Trust's average total debt for the quarter that ended in Mar. 2026 was $1,290.9 Mil. Therefore, Morguard North American Residential Real Estate Investment Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.22%.


Morguard North American Residential Real Estate Investment Trust  (OTCPK:MNARF) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Morguard North American Residential Real Estate Investment Trust Effective Interest Rate on Debt % Related Terms


Morguard North American Residential Real Estate Investment Trust Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Morguard North American Residential Real Estate Investment Trust's Effective Interest Rate on Debt % 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.

Morguard North American Residential Real Estate Investment Trust Effective Interest Rate on Debt % Chart

Morguard North American Residential Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 3.38 4.01 3.86 4.26

Morguard North American Residential Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % 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 4.01 4.17 4.22 4.32 4.22

MNARF vs AVB, EQR, ESS: Effective Interest Rate on Debt % Comparison

For the REIT - Residential subindustry, Morguard North American Residential Real Estate Investment Trust's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 North American Residential Real Estate Investment Trust Effective Interest Rate on Debt % vs REITs Industry

For the REITs industry and Real Estate sector, Morguard North American Residential Real Estate Investment Trust's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Morguard North American Residential Real Estate Investment Trust's Effective Interest Rate on Debt % falls into.


MNARF
66GF Score
Morguard North American Residential Real Estate Investment Trust MNARF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Morguard North American Residential Real Estate Investment Trust Effective Interest Rate on Debt % Calculation

Morguard North American Residential Real Estate Investment Trust's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -54.131/( (1257.473+1283.503)/ 2 )
=-1  *  -54.131/1270.488
=4.26 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1103.815 + 153.658
=1257.473

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1144.541 + 138.962
=1283.503

Morguard North American Residential Real Estate Investment Trust's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -54.532/( (1283.503+1298.345)/ 2 )
=-1  *  -54.532/1290.924
=4.22 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1144.541 + 138.962
=1283.503

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1158.224 + 140.121
=1298.345

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.22% mean?
Morguard North American Residential Real Estate Investment Trust (MNARF) has a Effective Interest Rate on Debt % of 4.22% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Morguard North American Residential Real Estate Investment Trust and its competitors.
Is Morguard North American Residential Real Estate Investment Trust's Effective Interest Rate on Debt % too high?
Morguard North American Residential Real Estate Investment Trust's current Effective Interest Rate on Debt % is 4.22%. Overall, Morguard North American Residential Real Estate Investment Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morguard North American Residential Real Estate Investment Trust's Effective Interest Rate on Debt % compare to AVB and EQR?
Morguard North American Residential Real Estate Investment Trust's Effective Interest Rate on Debt % of 4.22% can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a REITs company?
A good Effective Interest Rate on Debt % depends on the REITs industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Morguard North American Residential Real Estate Investment Trust and its competitors. Morguard North American Residential Real Estate Investment Trust's current Effective Interest Rate on Debt % is 4.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard North American Residential Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Morguard North American Residential Real Estate Investment Trust (MNARF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.50, compared to a current price of $12.18 — trading 16% above its estimated fair value. The current Effective Interest Rate on Debt % is 4.22%. Morguard North American Residential Real Estate Investment Trust's overall GF Score™ is 66/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Morguard North American Residential Real Estate Investment Trust (MNARF), the current Effective Interest Rate on Debt % is 4.22% 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 Morguard North American Residential Real Estate Investment Trust (MNARF) Overvalued in 2026?

Based on GuruFocus' analysis, Morguard North American Residential Real Estate Investment Trust stock appears to be overvalued. The current stock price of $12.18 is trading 16% above its estimated GF Value™ of $10.50. GuruFocus considers Morguard North American Residential Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for MNARF:

  • Effective Interest Rate on Debt %: 4.22%
  • GF Value™: $10.50 vs. price of $12.18 (16% above fair value)
  • GF Score™: 66/100 with 10 warning signs

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


Morguard North American Residential Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges MRG.UN:Canada
Address 55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. It acquires, develops, owns and manages multi-suite residential, commercial and hotel properties and serves as a real estate investment advisor and management company. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the majority of revenue.
66GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.18
Price
$10.50
GF Value