Morguard Real Estate Investment Trust (TSX:MRT.UN)
Canada · Delayed Price · Currency is CAD 6.99
-0.03 (-0.43%)
Nov 9, 2026, 4:00 PM EST
TSX:MRT.UN Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 14.18 | -16.56 | -58.82 | -74.45 | -86.1 | 4.89 |
Depreciation & Amortization | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 |
Other Amortization | 3.07 | 3.18 | 2.84 | 2.13 | 1.89 | 2.39 |
Asset Writedown | 28.99 | 61.56 | 114.45 | 131.77 | 148.98 | 60.97 |
Income (Loss) on Equity Investments | 0.6 | 0.79 | 3.55 | 3.9 | 6.92 | 1.92 |
Change in Accounts Receivable | 1.16 | -1.94 | 1.29 | 6.4 | -3.47 | 15.49 |
Change in Accounts Payable | -4.28 | 1.07 | 0.67 | 5.2 | 8.67 | -2.96 |
Change in Other Net Operating Assets | 3.67 | -0.64 | -2.21 | -0.03 | -0.84 | 0.27 |
Other Operating Activities | -3.97 | -7.11 | -6.64 | -8.69 | -2.17 | -2.87 |
Operating Cash Flow | 43.49 | 40.41 | 55.19 | 66.32 | 73.97 | 80.19 |
Operating Cash Flow Growth | 0.43% | -26.78% | -16.78% | -10.34% | -7.76% | 70.91% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Acquisition of Real Estate Assets | -36.25 | -36.33 | -43.07 | -39.04 | -32.42 | -17.45 |
Sale of Real Estate Assets | 0.38 | - | 37.05 | - | - | 14.5 |
Net Sale / Acq. of Real Estate Assets | -35.87 | -36.33 | -6.02 | -39.04 | -32.42 | -2.95 |
Investing Cash Flow | -35.87 | -36.33 | -6.02 | -39.04 | -32.42 | -2.95 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 53 | 149.34 | 67 | 48.1 | - |
Long-Term Debt Issued | - | 146.47 | 290.9 | 286.53 | 132.69 | 363.75 |
Total Debt Issued | 252.87 | 199.47 | 440.24 | 353.53 | 180.78 | 363.75 |
Short-Term Debt Repaid | - | -18.11 | -125 | -43.89 | - | -39.89 |
Long-Term Debt Repaid | - | -181.79 | -345.76 | -322.67 | -207.5 | -381.11 |
Lease Payments | -0.17 | -0.16 | -0.15 | -0.17 | -0.17 | -0.15 |
Total Debt Repaid | -255.48 | -199.89 | -470.76 | -366.55 | -207.5 | -421 |
Net Debt Issued (Repaid) | -2.61 | -0.42 | -30.52 | -13.02 | -26.71 | -57.25 |
Common Dividends Paid | -2.77 | -3.78 | -15.3 | -15.2 | -16.03 | -16.47 |
Other Financing Activities | -0.78 | -0.69 | -2.74 | -1.5 | -0.37 | -0.9 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 1.46 | -0.81 | 0.62 | -2.43 | -1.56 | 2.62 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 30.7 | 35.83 | 36.29 | 51.3 | 47.09 | 58.08 |
Unlevered Free Cash Flow | 67.64 | 73.08 | 75.86 | 88.89 | 78.98 | 89.43 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 59.27 | 60.2 | 63.81 | 60.56 | 51.72 | 50.09 |
Change in Working Capital | 0.55 | -1.51 | -0.25 | 11.57 | 4.36 | 12.8 |