MNARF Quick Ratio: 0.51 (As of Mar. 2026) — Near Median


MNARF Morguard North American Residential Real Estate Investment Trust MNARF
66 GF Score
Price $12.18
GF Value $10.69
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Morguard North American Residential Real Estate Investment Trust Quick Ratio?

Morguard North American Residential Real Estate Investment Trust MNARF 66 Quick Ratio is 0.51 as of Mar. 2026, which is 2% above its 10-year median of 0.50. GuruFocus rates MNARF with a GF Score™ of 66/100 and a GF Value™ of $10.69 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 760 REITs companies, Morguard North American Residential Real Estate Investment Trust ranks worse than 69.08% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Morguard North American Residential Real Estate Investment Trust's quick ratio for the quarter that ended in Mar. 2026 was 0.51.

Morguard North American Residential Real Estate Investment Trust has a quick ratio of 0.51. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Morguard North American Residential Real Estate Investment Trust's Quick Ratio or its related term are showing as below:

MNARF' s Quick Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.5   Max: 0.95
Current: 0.51

During the past 13 years, Morguard North American Residential Real Estate Investment Trust's highest Quick Ratio was 0.95. The lowest was 0.11. And the median was 0.50.

MNARF's Quick Ratio is ranked worse than
69.08% of 760 companies
in the REITs industry
Industry Median: 0.87 vs MNARF: 0.51

Morguard North American Residential Real Estate Investment Trust  (OTCPK:MNARF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Morguard North American Residential Real Estate Investment Trust Quick Ratio Related Terms


Morguard North American Residential Real Estate Investment Trust Quick Ratio Historical Data

* Premium members only.

The historical data trend for Morguard North American Residential Real Estate Investment Trust's Quick 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.

Morguard North American Residential Real Estate Investment Trust Quick Ratio Chart

Morguard North American Residential Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.74 0.19 0.57 0.59

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
Quick 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 0.58 0.52 0.82 0.59 0.51

MNARF vs AVB, EQR, ESS: Quick Ratio Comparison

For the REIT - Residential subindustry, Morguard North American Residential Real Estate Investment Trust's Quick Ratio, along with its competitors' market caps and Quick 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.


Morguard North American Residential Real Estate Investment Trust Quick Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Morguard North American Residential Real Estate Investment Trust's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Morguard North American Residential Real Estate Investment Trust's Quick Ratio falls into.


MNARF
66GF Score
Morguard North American Residential Real Estate Investment Trust MNARF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morguard North American Residential Real Estate Investment Trust Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Morguard North American Residential Real Estate Investment Trust's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(109.531-0)/185.332
=0.59

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(102.219-0)/201.211
=0.51

* 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 Quick Ratio →
What does a Quick Ratio of 0.51 mean?
Morguard North American Residential Real Estate Investment Trust (MNARF) has a Quick Ratio of 0.51 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Morguard North American Residential Real Estate Investment Trust and its competitors. This is near median its historical median of 0.50. Over the past decade, Morguard North American Residential Real Estate Investment Trust's Quick Ratio has ranged from 0.11 to 0.95. According to the industry distribution chart, Morguard North American Residential Real Estate Investment Trust ranks #525 out of 760 companies in the REITs industry, placing it in the top 69.1%.
Is Morguard North American Residential Real Estate Investment Trust's Quick Ratio too high?
Morguard North American Residential Real Estate Investment Trust's current Quick Ratio of 0.51 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.95. The REITs industry median Quick Ratio is 0.87. Morguard North American Residential Real Estate Investment Trust's value of 0.51 is 41.4% below this industry median. Based on the distribution chart, Morguard North American Residential Real Estate Investment Trust ranks #525 out of 760 companies in the REITs industry, which is below the industry midpoint. 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 Quick Ratio compare to AVB and EQR?
According to the REITs industry distribution chart, Morguard North American Residential Real Estate Investment Trust ranks #525 out of 760 companies for Quick Ratio. This places Morguard North American Residential Real Estate Investment Trust in the lower half of its industry. The industry median Quick Ratio is 0.87. Morguard North American Residential Real Estate Investment Trust's value of 0.51 is 41.4% below this benchmark. Historically, Morguard North American Residential Real Estate Investment Trust's own Quick Ratio has ranged from 0.11 to 0.95 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.87, Morguard North American Residential Real Estate Investment Trust has consistently been below 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 Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morguard North American Residential Real Estate Investment Trust's current Quick Ratio of 0.51 is 41.4% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Morguard North American Residential Real Estate Investment Trust and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morguard North American Residential Real Estate Investment Trust's current Quick Ratio is 0.51, which is near median its own 10-year median of 0.50. 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 $10.69, compared to a current price of $12.18 — trading 13.9% above its estimated fair value. The current Quick Ratio is 0.51, which is near median its 10-year median of 0.50 and 41.4% below the REITs industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Morguard North American Residential Real Estate Investment Trust (MNARF), the current Quick Ratio is 0.51 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 13.9% above its estimated GF Value™ of $10.69. GuruFocus considers Morguard North American Residential Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for MNARF:

  • Quick Ratio: 0.51 (near median its 10-year median of 0.50)
  • GF Value™: $10.69 vs. price of $12.18 (13.9% above fair value)
  • GF Score™: 66/100 with 10 warning signs
  • Industry Position: 41.4% below the REITs median (#525 of 760)

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

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

$12.18
Price
$10.69
GF Value