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Mori Trust Reit (Mori Trust Reit) Current Ratio : 0.66 (As of Sep. 2022)


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What is Mori Trust Reit 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. Mori Trust Reit's current ratio for the quarter that ended in Sep. 2022 was 0.66.

Mori Trust Reit has a current ratio of 0.66. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Mori Trust Reit has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Mori Trust Reit's Current Ratio or its related term are showing as below:

MRGIF's Current Ratio is not ranked *
in the REITs industry.
Industry Median: 1.01
* Ranked among companies with meaningful Current Ratio only.

Mori Trust Reit Current Ratio Historical Data

The historical data trend for Mori Trust Reit'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.

Mori Trust Reit Current Ratio Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.46 0.55 0.52 0.66

Mori Trust Reit Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Feb24
Current 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 0.59 0.52 0.48 0.66 -

Competitive Comparison of Mori Trust Reit's Current Ratio

For the REIT - Office subindustry, Mori Trust Reit'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.


Mori Trust Reit's Current Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mori Trust Reit's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mori Trust Reit's Current Ratio falls into.



Mori Trust Reit 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.

Mori Trust Reit's Current Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Current Ratio (A: Sep. 2022 )=Total Current Assets (A: Sep. 2022 )/Total Current Liabilities (A: Sep. 2022 )
=138.211/208.32
=0.66

Mori Trust Reit's Current Ratio for the quarter that ended in Sep. 2022 is calculated as

Current Ratio (Q: Sep. 2022 )=Total Current Assets (Q: Sep. 2022 )/Total Current Liabilities (Q: Sep. 2022 )
=138.211/208.32
=0.66

* 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.


Mori Trust Reit  (OTCPK:MRGIF) 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.


Mori Trust Reit Current Ratio Related Terms

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Mori Trust Reit (Mori Trust Reit) Business Description

Traded in Other Exchanges
Address
3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.

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