# Merchants' National Properties, Inc. (MNPP)

> Real Estate · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/MNPP/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $ 25.40M | $ 9.48M | $ 4.81M | $ 48.77M | $ 211.95M |
| 2024 | $ 22.45M | $ 10.45M | $ 6.04M | $ 44.72M | $ 210.59M |
| 2023 | $ 20.10M | $ 14.12M | $ 9.76M | $ 42.39M | $ 207.41M |
| 2022 | $ 22.01M | $ -4.11M | $ -5.01M | $ 45.34M | $ 201.69M |
| 2021 | $ 17.26M | $ 30.88M | $ 17.24M | $ 28.40M | $ 213.19M |
| 2020 | $ 26.44M | $ 12.61M | $ -1.26M | $ 76.87M | $ 193.18M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.23 |
| Liabilities / Eq | 0.45 |
| Current Ratio | 3.57 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 3.98 |
| Gross Debt / FCF | 9.26 |

## Other views

- [Metrics](https://sponda.capital/en/MNPP.md)
- [Charts](https://sponda.capital/en/MNPP/charts.md)
- [Compare](https://sponda.capital/en/MNPP/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.