Morguard Real Estate Investment Trust (TSX:MRT.UN)

TSX:MRT.UN Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.09	7.9	7.28	9.71	11.27
Cash & Short-Term Investments	7.09	7.9	7.28	9.71	11.27
Cash Growth	-10.28%	8.51%	-25.06%	-13.82%	30.33%
Accounts Receivable	9.99	8.05	9.34	15.74	12.27
Other Current Assets	4.08	3.44	1.23	1.2	0.37
Total Current Assets	21.15	19.39	17.85	26.65	23.9
Net Property, Plant & Equipment	2,138	2,150	2,255	2,338	2,451
Long-Term Investments	3.42	4.21	7.76	11.66	18.58
Total Assets	2,163	2,174	2,280	2,376	2,494
Accounts Payable	54.56	48.48	51.07	46.46	38.89
Short-Term Debt	137.97	103.08	78.74	55.62	7.53
Current Portion of Long-Term Debt	402.36	213.06	334.2	312	205.57
Current Portion of Leases	0.17	0.16	0.09	0.17	0.17
Total Current Liabilities	595.06	364.77	464.1	414.25	252.15
Long-Term Debt	679.11	900.34	832.69	889.34	1,068
Long-Term Leases	16.25	16.43	16.3	16.38	16.55
Other Long-Term Liabilities	7.85	8.19	5.98	5.39	5.26
Total Long-Term Liabilities	703.21	924.95	854.96	911.11	1,090
Total Liabilities	1,298	1,290	1,319	1,325	1,342
Shareholders' Equity	864.72	884.23	961.19	1,051	1,152
Total Liabilities & Equity	2,163	2,174	2,280	2,376	2,494
Total Debt	1,236	1,233	1,262	1,274	1,298
Net Cash (Debt)	-1,229	-1,225	-1,255	-1,264	-1,287
Net Cash Per Share	-18.85	-19.06	-19.53	-19.69	-20.06
Book Value	864.72	884.23	961.19	1,051	1,152
Book Value Per Share	13.27	13.76	14.96	16.37	17.96
Tangible Book Value	864.72	884.23	961.19	1,051	1,152
Tangible Book Value Per Share	13.27	13.76	14.96	16.37	17.96

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.