MNARF Interest Expense: $-54.6 Mil (TTM As of Mar. 2026)


MNARF Morguard North American Residential Real Estate Investment Trust MNARF
66 GF Score
Price $12.18
GF Value $10.64
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Morguard North American Residential Real Estate Investment Trust Interest Expense?

Morguard North American Residential Real Estate Investment Trust MNARF 66 Interest Expense is $-54.6 Mil as of Mar. 2026. GuruFocus rates MNARF with a GF Score™ of 66/100 and a GF Value™ of $10.64 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Morguard North American Residential Real Estate Investment Trust's interest expense for the three months ended in Mar. 2026 was $ -13.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-54.6 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Morguard North American Residential Real Estate Investment Trust's Operating Income for the three months ended in Mar. 2026 was $ 11.2 Mil. Morguard North American Residential Real Estate Investment Trust's Interest Expense for the three months ended in Mar. 2026 was $ -13.6 Mil. Morguard North American Residential Real Estate Investment Trust's Interest Coverage for the quarter that ended in Mar. 2026 was 0.82. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Morguard North American Residential Real Estate Investment Trust  (OTCPK:MNARF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Morguard North American Residential Real Estate Investment Trust's Interest Expense for the three months ended in Mar. 2026 was $-13.6 Mil. Its Operating Income for the three months ended in Mar. 2026 was $11.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $1,158.2 Mil.

Morguard North American Residential Real Estate Investment Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*11.233/-13.633
=0.82

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Morguard North American Residential Real Estate Investment Trust interest coverage is 2.22, which is low.


Morguard North American Residential Real Estate Investment Trust Interest Expense Historical Data

* Premium members only.

The historical data trend for Morguard North American Residential Real Estate Investment Trust's Interest Expense 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 Interest Expense Chart

Morguard North American Residential Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.23 -36.72 -45.22 -46.74 -54.13

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
Interest Expense 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 -12.70 -13.40 -13.66 -13.94 -13.63
MNARF
66GF Score
Morguard North American Residential Real Estate Investment Trust MNARF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Morguard North American Residential Real Estate Investment Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-54.6 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-54.6 Mil mean?
Morguard North American Residential Real Estate Investment Trust (MNARF) has a Interest Expense of $-54.6 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term 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 Interest Expense too high?
Morguard North American Residential Real Estate Investment Trust's current Interest Expense is $-54.6 Mil. 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 Interest Expense compare to AVB and EQR?
Morguard North American Residential Real Estate Investment Trust's Interest Expense of $-54.6 Mil 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 Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term 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 Interest Expense is $-54.6 Mil. 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 $10.64, compared to a current price of $12.18 — trading 14.4% above its estimated fair value. The current Interest Expense is $-54.6 Mil. 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 Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Morguard North American Residential Real Estate Investment Trust (MNARF), the current Interest Expense is $-54.6 Mil 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 14.4% above its estimated GF Value™ of $10.64. GuruFocus considers Morguard North American Residential Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for MNARF:

  • Interest Expense: $-54.6 Mil
  • GF Value™: $10.64 vs. price of $12.18 (14.4% 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

Get the complete analysis for MNARF

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

$12.18
Price
$10.64
GF Value