Morguard (TSX:MRC) Land And Improvements : C$15 Mil (As of Mar. 2024)

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What is Morguard Land And Improvements?

Morguard's land and improvements for the quarter that ended in Mar. 2024 was C$15 Mil.

Morguard's quarterly land and improvements stayed the same from Sep. 2023 (C$55 Mil) to Dec. 2023 (C$55 Mil) but then declined from Dec. 2023 (C$55 Mil) to Mar. 2024 (C$15 Mil).

Morguard's annual land and improvements declined from Dec. 2021 (C$84 Mil) to Dec. 2022 (C$55 Mil) but then stayed the same from Dec. 2022 (C$55 Mil) to Dec. 2023 (C$55 Mil).

Morguard Land And Improvements Historical Data

The historical data trend for Morguard's Land And Improvements 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.

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Morguard Land And Improvements Chart

Morguard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Land And Improvements

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97.11

93.25

84.40

55.42

Morguard Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Land And Improvements	Get a 7-Day Free Trial															55.42	55.42	55.42	55.42	14.58

Morguard Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Morguard (TSX:MRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Morguard Corp (TSX:MRC) » Definitions » Land And Improvements

Comparable Companies

Traded in Other Exchanges

MRCBF:USA

Address

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

Website

https://www.morguard.com

Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management. This advisory segment focuses on publicly traded equities and fixed-income securities for institutional clients and private investors. Morguard owns a portfolio of residential, retail, office, industrial, and hotel properties. The company also offers real estate management services and property investment advisory services.

Executives

Sime Armoyan

10% Security Holder