Brookfield Property Partners LP (Brookfield Property Partners LP) Cash Ratio : 0.11 (As of Mar. 2024)

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What is Brookfield Property Partners LP Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Brookfield Property Partners LP's Cash Ratio for the quarter that ended in Mar. 2024 was 0.11.

Brookfield Property Partners LP has a Cash Ratio of 0.11. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Brookfield Property Partners LP's Cash Ratio or its related term are showing as below:

BPYPP.PFD's Cash Ratio is not ranked ^*
in the Real Estate industry.
Industry Median: 0.32
* Ranked among companies with meaningful Cash Ratio only.

Brookfield Property Partners LP Cash Ratio Historical Data

The historical data trend for Brookfield Property Partners LP's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Brookfield Property Partners LP Cash Ratio Chart

Brookfield Property Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Ratio

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0.12

0.14

0.12

0.17

0.07

Brookfield Property Partners LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash Ratio	Get a 7-Day Free Trial															0.09	0.08	0.08	0.07	0.11

Competitive Comparison of Brookfield Property Partners LP's Cash Ratio

For the Real Estate Services subindustry, Brookfield Property Partners LP's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brookfield Property Partners LP's Cash Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Brookfield Property Partners LP's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield Property Partners LP's Cash Ratio falls into.

Brookfield Property Partners LP Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Brookfield Property Partners LP's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	2341	/	35255
	=	0.07

Brookfield Property Partners LP's Cash Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash Ratio (Q: Mar. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	2573	/	23066
	=	0.11

Brookfield Property Partners LP (NAS:BPYPP.PFD) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.

Brookfield Property Partners LP Cash Ratio Related Terms

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Brookfield Property Partners LP (Brookfield Property Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Brookfield Property Partners LP (NAS:BPYPP.PFD) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

BPYPN.PFD:USA BPYPO.PFD:USA

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM 12

Website

https://www.bpy.brookfield.com

Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being an owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and corporate sector. It generates a majority of revenue from the LP Investments segment.