Mainstreet Equity Corp.

Toronto Stock Exchange MEQ.TO

Mainstreet Equity Corp. Debt to Equity Ratio for the year ending September 30, 2024

Mainstreet Equity Corp. Debt to Equity Ratio is NA for the year ending September 30, 2024. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Mainstreet Equity Corp. Debt to Equity Ratio for the year ending September 30, 2022 was 1.18, a -4.71% change year over year.
  • Mainstreet Equity Corp. Debt to Equity Ratio for the year ending September 30, 2021 was 1.24, a -8.66% change year over year.
  • Mainstreet Equity Corp. Debt to Equity Ratio for the year ending September 30, 2020 was 1.36, a 1.16% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Toronto Stock Exchange: MEQ.TO

Mainstreet Equity Corp.

CEO Mr. Navjeet Singh Dhillon
IPO Date June 1, 2000
Location Canada
Headquarters 305 – 10 Avenue SE
Employees 526
Sector Finance
Industries
Description

Mainstreet Equity Corp. engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties in Western Canada. The company owns a portfolio of multi-family residential properties in Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, it had a total portfolio of 15,071 revenue producing units consisting of townhouses, garden-style apartments, and concrete mid-rise and high-rise apartments, condo suites and 2 freestanding commercial houses. The company was founded in 1997 and is headquartered in Calgary, Canada.

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StockViz Staff

January 16, 2025

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