GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Capital Realty III Investors Ltd Partnership (OTCPK:XXGGD) » Definitions » Current Ratio

Capital Realty III Investors Partnership (Capital Realty III Investors Partnership) Current Ratio : 24.54 (As of Dec. 2012)


View and export this data going back to . Start your Free Trial

What is Capital Realty III Investors Partnership Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Capital Realty III Investors Partnership's current ratio for the quarter that ended in Dec. 2012 was 24.54.

Capital Realty III Investors Partnership has a current ratio of 24.54. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Capital Realty III Investors Partnership's Current Ratio or its related term are showing as below:

XXGGD's Current Ratio is not ranked *
in the Real Estate industry.
Industry Median: 1.62
* Ranked among companies with meaningful Current Ratio only.

Capital Realty III Investors Partnership Current Ratio Historical Data

The historical data trend for Capital Realty III Investors Partnership's Current 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.

Capital Realty III Investors Partnership Current Ratio Chart

Capital Realty III Investors Partnership Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Current Ratio
15.77 16.31 27.97 24.02 24.54

Capital Realty III Investors Partnership Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12
Current Ratio 15.77 16.31 27.97 24.02 24.54

Competitive Comparison of Capital Realty III Investors Partnership's Current Ratio

For the Real Estate Services subindustry, Capital Realty III Investors Partnership's Current Ratio, along with its competitors' market caps and Current 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.


Capital Realty III Investors Partnership's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Capital Realty III Investors Partnership's Current Ratio distribution charts can be found below:

* The bar in red indicates where Capital Realty III Investors Partnership's Current Ratio falls into.



Capital Realty III Investors Partnership Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Capital Realty III Investors Partnership's Current Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Current Ratio (A: Dec. 2012 )=Total Current Assets (A: Dec. 2012 )/Total Current Liabilities (A: Dec. 2012 )
=4.662/0.19
=24.54

Capital Realty III Investors Partnership's Current Ratio for the quarter that ended in Dec. 2012 is calculated as

Current Ratio (Q: Dec. 2012 )=Total Current Assets (Q: Dec. 2012 )/Total Current Liabilities (Q: Dec. 2012 )
=4.662/0.19
=24.54

* 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.


Capital Realty III Investors Partnership  (OTCPK:XXGGD) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Capital Realty III Investors Partnership Current Ratio Related Terms

Thank you for viewing the detailed overview of Capital Realty III Investors Partnership's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Capital Realty III Investors Partnership (Capital Realty III Investors Partnership) Business Description

Traded in Other Exchanges
N/A
Address
Capital Realty III Investors Ltd Partnership is a limited partnership which was formed under the Maryland Revised Uniform Limited Partnership Act on June 27, 1983. The General Partners of the Partnership are C.R.I., Inc. ('CRI'), which is the Managing General Partner and current and former shareholders of CRI. The Partnership was formed to invest in real estate, which is the Partnership's principal business activity, by acquiring and holding limited partner interests in limited partnerships ('Local Partnerships'). As a result of its investment in the Local Partnerships, the Partnership became the principal limited partner in 31 Local Partnerships. In another six Local Partnerships, the Partnership invested as a limited partner in intermediary partnerships which, in turn, invested as general partners in the Local Partnerships.

Capital Realty III Investors Partnership (Capital Realty III Investors Partnership) Headlines

No Headlines