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Tier REIT (Tier REIT) Current Ratio : 1.32 (As of Mar. 2019)


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What is Tier 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. Tier REIT's current ratio for the quarter that ended in Mar. 2019 was 1.32.

Tier REIT has a current ratio of 1.32. It generally indicates good short-term financial strength.

The historical rank and industry rank for Tier REIT's Current Ratio or its related term are showing as below:

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

Tier REIT Current Ratio Historical Data

The historical data trend for Tier 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.

Tier REIT Current Ratio Chart

Tier REIT Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Current Ratio
Get a 7-Day Free Trial 1.59 1.15 1.32 1.62 1.26

Tier REIT Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 1.49 1.25 1.84 1.26 1.32

Competitive Comparison of Tier REIT's Current Ratio

For the REIT - Office subindustry, Tier 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.


Tier REIT's Current Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Tier REIT's Current Ratio falls into.



Tier 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.

Tier REIT's Current Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=115.593/91.548
=1.26

Tier REIT's Current Ratio for the quarter that ended in Mar. 2019 is calculated as

Current Ratio (Q: Mar. 2019 )=Total Current Assets (Q: Mar. 2019 )/Total Current Liabilities (Q: Mar. 2019 )
=83.441/63.35
=1.32

* 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.


Tier REIT  (NYSE:TIER) 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.


Tier REIT Current Ratio Related Terms

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Tier REIT (Tier REIT) Business Description

Traded in Other Exchanges
N/A
Address
5950 Sherry Lane, Suite 700, Dallas, TX, USA, 75225
Tier REIT Inc is a Dallas-based real estate investment trust. Its current business consists of owning, acquiring, developing, operating, investing in, and disposing of real estate assets. The company owns interests in nearly 29 operating office properties, one non-operating property, and one development property located in thirteen markets throughout the United States. Its property portfolio comprises 500 East Pratt, 5950 Sherry Lane, Bank of America Plaza, Centreport Office Center, Eldridge Place, among others.
Executives
Scott W Fordham director, officer: Chief Executive Officer 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Christie B. Kelly director 600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Richard I Gilchrist director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Thomas M Herzog director 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
M Jason Mattox director 1323 NORTH STEMMONS FREEWAY SUITE 200, DALLAS TX 75207
Thomas P Simon officer: Senior Vice President/Finance 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Michael A Ernst officer: Chief Financial Officer 5914 NORWAY RD, DALLAS TX 75230
Thomas F August officer: Chief Operating Officer 6214 PARK LANE, DALLAS TX 75225
Reihsen Gerald J Iii officer: Executive VP - Corporate, other: Develop. & Legal and Secretary 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254

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