MEQ.TO
Price:
$168.2
Market Cap:
$1.56B
Mainstreet Equity Corp. focuses on the acquisition, disposition, value enhancement, and active management of multi-family residential properties across Western Canada. The company boasts a significant property portfolio in key regions including Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, its total holdings comprised 15,071 revenue-generating units, a diverse collection featuring townhouses, garden apartments, concrete mid and high-rise apartment buildings, condominium suites, and two independent commercial houses. The firm was established in 1997 and operates from its headquarters in Calgary, Canada.
Industry
Real Estate - Services
IPO Date
2000-06-01
Stock Exchange
TSX
Ticker
MEQ.TO
According to Mainstreet Equity Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.65. This represents a change of -32.20% compared to the average of 0.96 of the last 4 quarters.
The mean historical Current Ratio of Mainstreet Equity Corp. over the last ten years is 0.52. The current 0.65 Current Ratio has changed 12.54% with respect to the historical average. Over the past ten years (40 quarters), MEQ.TO's Current Ratio was at its highest in in the March 2017 quarter at 2.95. The Current Ratio was at its lowest in in the September 2019 quarter at 0.04.
Average
0.52
Median
0.47
Minimum
0.04
Maximum
1.23
Discovering the peaks and valleys of Mainstreet Equity Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 958.33%
Maximum Annual Current Ratio = 1.23
Minimum Annual Increase = -89.78%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.13 | 174.92% |
| 2024 | 0.41 | -35.53% |
| 2023 | 0.64 | 21.75% |
| 2022 | 0.52 | 0.41% |
| 2021 | 0.52 | 26.03% |
| 2020 | 0.41 | 839.19% |
| 2019 | 0.04 | -64.75% |
| 2018 | 0.13 | -89.78% |
| 2017 | 1.23 | 958.33% |
| 2016 | 0.12 | 55.59% |
The current Current Ratio of Mainstreet Equity Corp. (MEQ.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.73
5-year avg
0.65
10-year avg
0.52
Mainstreet Equity Corp.’s Current Ratio is less than StorageVault Canada Inc. (1.36), greater than Primaris Real Estate Investment Trust (0.08), greater than Morguard Corporation (0.42), less than Artis Real Estate Investment Trust (0.75), greater than InterRent Real Estate Investment Trust (0.08), greater than Killam Apartment REIT (0.12), less than Allied Properties Real Estate Investment Trust (0.78), less than Altus Group Limited (1.09), greater than Parkit Enterprise Inc. (0.17), less than Dream Unlimited Corp. (209.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.36 | $1.51B | |
| 0.08 | $2.55B | |
| 0.42 | $1.22B | |
| 0.75 | $846.42M | |
| 0.08 | $1.89B | |
| 0.12 | $2.09B | |
| 0.78 | $966.96M | |
| 1.09 | $1.70B | |
| 0.17 | $114.12M | |
| 209.05 | $678.54M |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Mainstreet Equity Corp. (MEQ.TO)?
What is the 5-year average Current Ratio for Mainstreet Equity Corp. (MEQ.TO)?
How does the current Current Ratio for Mainstreet Equity Corp. (MEQ.TO) compare to its historical average?