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Gadsden Properties (FRA:LA9N) Cash Ratio : 0.00 (As of Jun. 2019)


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What is Gadsden Properties 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. Gadsden Properties's Cash Ratio for the quarter that ended in Jun. 2019 was 0.00.

Gadsden Properties has a Cash Ratio of 0.00. 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 Gadsden Properties's Cash Ratio or its related term are showing as below:

FRA:LA9N's Cash Ratio is not ranked *
in the REITs industry.
Industry Median: 0.41
* Ranked among companies with meaningful Cash Ratio only.

Gadsden Properties Cash Ratio Historical Data

The historical data trend for Gadsden Properties'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.

* Premium members only.

Gadsden Properties Cash Ratio Chart

Gadsden Properties Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.16 0.12 0.20 0.42

Gadsden Properties Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.11 0.42 0.21 -

Competitive Comparison of Gadsden Properties's Cash Ratio

For the REIT - Diversified subindustry, Gadsden Properties'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.


Gadsden Properties's Cash Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gadsden Properties's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Gadsden Properties's Cash Ratio falls into.



Gadsden Properties Cash Ratio Calculation

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

Gadsden Properties's Cash Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Cash Ratio (A: Dec. 2018 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1.617/3.839
=0.42

Gadsden Properties's Cash Ratio for the quarter that ended in Jun. 2019 is calculated as:

Cash Ratio (Q: Jun. 2019 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.072/46.713
=0.00

* 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.


Gadsden Properties  (FRA:LA9N) 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.


Gadsden Properties Cash Ratio Related Terms

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Gadsden Properties (FRA:LA9N) Business Description

Traded in Other Exchanges
N/A
Address
15150 North Hayden Road, Suite 235, Scottsdale, AZ, USA, 85260
Gadsden Properties Inc is the United States-based real estate investment trust company. It is focused on real estate development and asset management, concentrating on investments in, and the management and development of, income-producing real estate assets. It intends to target assets in secondary and tertiary markets with assets that require minimal capital expenditures. The company is focused on retail and mixed-use properties in secondary and tertiary markets across the United States.

Gadsden Properties (FRA:LA9N) Headlines

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