MacKenzie Realty Capital, Inc. (MKZR) Balance Sheet
MKZR balance sheet, FY2026
June 30, 2026 · U.S. dollars$235.3M assets = $156.1M liabilities + $79.2M equity
Both columns are drawn to the same scale: what MKZR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MKZR financial health
Descriptive bands, not a rating. Fiscal FY2026.
MKZR balance sheet trends, FY2020–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $104.2MFY2020 | $235.3MFY2026 | +14.5%/yr | |
| Total liabilities | $941,043FY2020 | $156.1MFY2026 | +134.4%/yr | |
| Shareholders’ equity | $103.2MFY2020 | $43.8MFY2026 | −13.3%/yr | |
| Cash & short-term investments | $9.0MFY2020 | $3.5MFY2026 | −14.4%/yr | |
| Total debt | $39.5MFY2021 | $149.3MFY2026 | +30.4%/yr | |
| Net cash (debt) | −$34.7MFY2021 | −$145.8MFY2026 | −$111.1M | |
| Working capital | $9.2MFY2020 | −$143.9MFY2026 | −$153.1M | |
| Book value per share | $77.58FY2020 | $21.87FY2026 | −19.0%/yr | |
| Current ratio | 11.77FY2020 | 0.03FY2026 | −11.75 | |
| Debt / equity | 0.41FY2021 | 3.41FY2026 | +3.00 | |
| Shares outstanding | 1.3MFY2020 | 2.0MFY2026 | +7.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MKZR assets
MKZR liabilities and equity
MKZR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MKZR balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $3.5M | $3.8M | $11.9M | $17.2M | $7.4M | $4.8M | $9.0M |
| Cash & equivalents | $3.5M | $3.8M | $11.9M | $17.2M | $7.4M | $4.8M | $9.0M |
| Short-term investments | — | — | — | $22.1M | $57.6M | $70.5M | — |
| Receivables | $0 | $2.3M | $1.4M | $1.2M | $1.5M | $2.0M | $1.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $202,886 | $328,239 | $1.2M | $998,238 | $18.6M | $2.9M | $0 |
| Total current assets | $3.7M | $6.4M | $14.5M | $19.4M | $27.5M | $9.7M | $10.0M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $10.9M | $13.0M | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $3.9M | $6.0M | $22.1M | $57.6M | $70.5M | $93.7M |
| Other non-current assets | $220.6M | $212.7M | $212.6M | $171.6M | $97.5M | $58.3M | $416,794 |
| Total assets | $235.3M | $236.0M | $233.1M | $213.2M | $182.6M | $138.6M | $104.2M |
| Liabilities | |||||||
| Accounts payable | — | $4.6M | $2.4M | $1.4M | $2.9M | $918,449 | $135,040 |
| Short-term debt | $446,951 | $378,742 | — | — | — | — | — |
| Total current liabilities | $147.6M | $5.4M | $4.9M | $4.0M | $5.7M | $920,386 | $853,304 |
| Long-term debt | $0 | $132.4M | $115.3M | $92.9M | $68.4M | $38.7M | $0 |
| Lease obligations | — | $3.0M | $3.2M | $2.0M | $1.1M | $838,313 | — |
| Other long-term liabilities | $155.6M | $4.6M | $4.9M | $5.2M | $4.3M | $1.6M | $87,739 |
| Total liabilities | $156.1M | $142.5M | $125.1M | $102.1M | $78.3M | $41.2M | $941,043 |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $251 | $158 | $1,330 | $1,324 | $1,325 | $1,332 | $1,284 |
| Retained earnings (deficit) | −$104.3M | −$85.2M | −$54.7M | −$34.9M | −$24.1M | −$23.3M | −$13.2M |
| Minority interest | — | $33.7M | $25.6M | $12.1M | $6.4M | — | — |
| Total shareholders' equity | $43.8M | $59.9M | $82.4M | $98.9M | $97.9M | $97.1M | $103.2M |
| Key figures | |||||||
| Total debt | $149.3M | $135.4M | $118.5M | $94.9M | $69.4M | $39.5M | — |
| Net cash (debt) | −$145.8M | −$131.6M | −$106.6M | −$77.7M | −$62.0M | −$34.7M | — |
| Working capital | −$143.9M | $944,210 | $9.6M | $15.4M | $21.8M | $8.8M | $9.2M |
| Tangible book value | $32.8M | $46.8M | $82.4M | $98.9M | $97.9M | $97.1M | $103.2M |
| Book value per share | $21.87 | $40.86 | $61.97 | $74.31 | $73.54 | $72.84 | $77.58 |
| Shares outstanding | 2.0M | 1.5M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M |
| Current ratio | 0.03 | 1.17 | 2.95 | 4.86 | 4.85 | 10.58 | 11.77 |
| Quick ratio | 0.02 | 1.11 | 2.70 | 4.61 | 1.57 | 7.41 | 11.77 |
| Debt / equity | 3.41 | 2.26 | 1.44 | 0.96 | 0.71 | 0.41 | — |
| Equity / assets | 18.6% | 25.4% | 35.3% | 46.4% | 53.6% | 70.1% | 99.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $3.5M | $4.3M | $4.3M | $4.9M | $3.8M | $5.1M | $6.1M | $10.7M | $11.9M | $15.5M | $12.2M | $14.0M |
| Cash & equivalents | $3.5M | $4.3M | $4.3M | $4.9M | $3.8M | $5.1M | $6.1M | $10.7M | $11.9M | $15.5M | $12.2M | $14.0M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | $16.5M | $20.3M |
| Receivables | $0 | $2.5M | $2.0M | $2.2M | $2.3M | $2.2M | $1.6M | $1.6M | $1.4M | $1.9M | $1.1M | $894,188 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $202,886 | $0 | $12.2M | $427,194 | $328,239 | $312,217 | $22.9M | $23.0M | $1.2M | $686,450 | $864,534 | $700,612 |
| Total current assets | $3.7M | $4.3M | $18.5M | $7.5M | $6.4M | $7.7M | $30.7M | $35.3M | $14.5M | $18.1M | $14.1M | $15.6M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $10.9M | $10.7M | $10.6M | $11.7M | $13.0M | $13.0M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $5.9M | $3.3M | $4.1M | $3.9M | $3.3M | $3.6M | $3.5M | $6.0M | $11.7M | $16.5M | $20.3M |
| Other non-current assets | $220.6M | $218.5M | $205.7M | $218.4M | $212.7M | $213.2M | $202.1M | $204.7M | $212.6M | $196.4M | $174.1M | $175.1M |
| Total assets | $235.3M | $239.4M | $238.1M | $241.7M | $236.0M | $237.1M | $236.4M | $243.5M | $233.1M | $226.1M | $204.8M | $210.9M |
| Liabilities | ||||||||||||
| Accounts payable | — | $4.6M | $3.1M | $5.7M | $4.6M | $4.3M | $5.4M | $4.3M | $2.4M | $2.1M | $1.1M | $1.9M |
| Short-term debt | $446,951 | $78,774 | $13.0M | $142.7M | $378,742 | $9.6M | — | — | — | — | — | — |
| Total current liabilities | $147.6M | $78,774 | $17.7M | $6.6M | $5.4M | $15.5M | $7.3M | $7.2M | $4.9M | $4.6M | $3.8M | $4.5M |
| Long-term debt | $0 | $130.2M | $129.9M | $139.9M | $132.4M | $118.2M | $126.2M | $129.1M | $115.3M | $107.6M | $94.7M | $95.8M |
| Lease obligations | — | $2.0M | $2.1M | $2.8M | $3.0M | $3.5M | $3.6M | $3.8M | $3.2M | $2.5M | $1.8M | $1.9M |
| Other long-term liabilities | $155.6M | $23.9M | $4.4M | $4.5M | $4.6M | $5.6M | $5.1M | $5.2M | $4.9M | $6.2M | $3.8M | $4.7M |
| Total liabilities | $156.1M | $154.2M | $152.0M | $151.0M | $142.5M | $139.2M | $138.6M | $141.5M | $125.1M | $118.4M | $102.2M | $105.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $251 | $216 | $191 | $177 | $158 | $1,574 | $1,347 | $1,344 | $1,330 | $1,331 | $1,324 | $1,324 |
| Retained earnings (deficit) | −$104.3M | −$96.8M | −$94.8M | −$89.3M | −$85.2M | −$78.2M | −$70.5M | −$64.5M | −$54.7M | −$49.9M | −$44.7M | −$41.1M |
| Minority interest | — | $34.5M | $34.2M | $34.0M | $33.7M | $31.3M | — | — | — | — | — | — |
| Total shareholders' equity | $43.8M | $50.8M | $51.8M | $56.7M | $59.9M | $66.7M | $68.3M | $73.4M | $82.4M | $86.3M | $90.5M | $93.9M |
| Key figures | ||||||||||||
| Total debt | $149.3M | $146.0M | $145.0M | $142.7M | $135.4M | $131.2M | $129.8M | $132.8M | $118.5M | $110.2M | $96.4M | $97.7M |
| Net cash (debt) | −$145.8M | −$141.7M | −$140.7M | −$137.8M | −$131.6M | −$126.0M | −$123.7M | −$122.2M | −$106.6M | −$94.7M | −$84.2M | −$83.7M |
| Working capital | −$143.9M | $4.2M | $771,088 | $814,987 | $944,210 | −$7.8M | $23.4M | $28.1M | $9.6M | $13.5M | $10.4M | $11.1M |
| Tangible book value | $32.8M | $40.1M | $41.2M | $45.0M | $46.8M | $53.6M | $68.3M | $73.4M | $82.4M | $86.3M | $90.5M | $93.9M |
| Book value per share | $21.87 | $24.43 | $27.90 | $30.56 | $40.70 | $45.14 | $50.81 | $55.03 | $61.98 | $64.99 | $68.33 | $70.69 |
| Shares outstanding | 2.0M | 2.1M | 1.9M | 1.9M | 1.5M | 1.5M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M |
| Current ratio | 0.03 | 54.82 | 1.04 | 1.12 | 1.17 | 0.50 | 4.19 | 4.91 | 2.95 | 3.94 | 3.74 | 3.47 |
| Quick ratio | 0.02 | 86.05 | 0.36 | 1.06 | 1.11 | 0.48 | 1.06 | 1.71 | 2.70 | 3.79 | 3.51 | 3.31 |
| Debt / equity | 3.41 | 2.88 | 2.80 | 2.52 | 2.26 | 1.97 | 1.90 | 1.81 | 1.44 | 1.28 | 1.07 | 1.04 |
| Equity / assets | 18.6% | 21.2% | 21.8% | 23.5% | 25.4% | 28.1% | 28.9% | 30.2% | 35.3% | 38.2% | 44.2% | 44.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 28, 2026); data from EODHD.
MKZR financial position
At the end of fiscal 2026 (June 30, 2026), MacKenzie Realty Capital had total assets of $235.3 million (down 0.3% from a year earlier), total liabilities of $156.1 million and shareholders' equity of $43.8 million. It held $3.5 million in cash and short-term investments against $149.3 million of debt, net debt of $145.8 million. Its current ratio was 0.03.
Related: MKZR income statement, MKZR cash flow statement, MKZR key metrics. See the MKZR stock overview for the latest quote and news.
MKZR balance sheet FAQ
What are MacKenzie Realty Capital's total assets?
MacKenzie Realty Capital reported total assets of $235.3 million at the end of fiscal 2026 (June 30, 2026), compared with $236.0 million a year earlier.
How much debt does MacKenzie Realty Capital have?
MacKenzie Realty Capital had $149.3 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 3.41.
How much cash does MacKenzie Realty Capital have?
MacKenzie Realty Capital held $3.5 million in cash and short-term investments at the end of fiscal 2026; with $149.3 million of debt that is net debt of $145.8 million.
What is MacKenzie Realty Capital's book value?
MacKenzie Realty Capital's shareholders' equity (book value) was $43.8 million at the end of fiscal 2026, or $21.87 per share.
What is MacKenzie Realty Capital's current ratio?
MacKenzie Realty Capital had current assets of $3.7 million and current liabilities of $147.6 million, a current ratio of 0.03 (current liabilities exceed current assets).
How much goodwill does MacKenzie Realty Capital have?
MacKenzie Realty Capital carried $10.9 million of goodwill and intangible assets, 4.6% of total assets, at the end of fiscal 2026.