MI-UN.TO
Price:
$17.99
Market Cap:
$659.03M
Minto Apartment Real Estate Investment Trust operates as an open-ended real estate investment trust, primarily focused on the acquisition and management of income-generating multi-residential rental properties throughout Canada. By December 31, 2020, its holdings included interests in 29 multi-residential rental assets. Notably, this portfolio comprised three integrated buildings featuring both residential apartments and commercial spaces, strategically located in major urban centers such as Toronto, Ottawa, Montréal, Calgary, and Edmonton. The trust, which was established in 2018, maintains its principal office in Ottawa, Canada.
Industry
REIT - Residential
IPO Date
2018-07-02
Stock Exchange
TSX
Ticker
MI-UN.TO
According to Minto Apartment Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.74. This represents a change of 14.76% compared to the average of 0.65 of the last 4 quarters.
The mean historical Current Ratio of Minto Apartment Real Estate Investment Trust over the last ten years is 0.76. The current 0.74 Current Ratio has changed 9.66% with respect to the historical average. Over the past ten years (40 quarters), MI-UN.TO's Current Ratio was at its highest in in the December 2024 quarter at 1.35. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
0.76
Median
0.73
Minimum
0.16
Maximum
1.67
Discovering the peaks and valleys of Minto Apartment Real Estate Investment Trust 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 = 545.07%
Maximum Annual Current Ratio = 1.67
Minimum Annual Increase = -73.72%
Minimum Annual Current Ratio = 0.16
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.70 | -47.94% |
| 2024 | 1.35 | -19.33% |
| 2023 | 1.67 | 545.07% |
| 2022 | 0.26 | -71.36% |
| 2021 | 0.90 | -2.95% |
| 2020 | 0.93 | 244.65% |
| 2019 | 0.27 | 66.48% |
| 2018 | 0.16 | -73.72% |
| 2017 | 0.62 | -18.40% |
| 2016 | 0.76 | -16.56% |
The current Current Ratio of Minto Apartment Real Estate Investment Trust (MI-UN.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.24
5-year avg
0.98
10-year avg
0.76
Minto Apartment Real Estate Investment Trust’s Current Ratio is less than Morguard North American Residential Real Estate Investment Trust (1.14), greater than Automotive Properties Real Estate Investment Trust (0.02), greater than Plaza Retail REIT (0.15), greater than Wall Financial Corporation (0.07), less than BSR Real Estate Investment Trust (14.96), greater than Nexus Industrial REIT (0.32), less than Artis Real Estate Investment Trust (0.75), greater than BTB Real Estate Investment Trust (0.09), less than Melcor Developments Ltd. (5.10), greater than Pro Real Estate Investment Trust (0.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.14 | $533.26M | |
| 0.02 | $624.04M | |
| 0.15 | $579.94M | |
| 0.07 | $663.33M | |
| 14.96 | $375.55M | |
| 0.32 | $527.82M | |
| 0.75 | $846.42M | |
| 0.09 | $319.33M | |
| 5.10 | $569.20M | |
| 0.35 | $407.41M |
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