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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Quick Ratio : 0.00 (As of . 20)


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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's quick ratio for the quarter that ended in . 20 was 0.00.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio or its related term are showing as below:

BSP:APXM11' s Quick Ratio Range Over the Past 10 Years
Min: 11.99   Med: 28.88   Max: 45.77
Current: 11.99

During the past 2 years, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's highest Quick Ratio was 45.77. The lowest was 11.99. And the median was 28.88.

BSP:APXM11's Quick Ratio is ranked better than
92.75% of 717 companies
in the REITs industry
Industry Median: 0.95 vs BSP:APXM11: 11.99

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Quick Ratio Historical Data

The historical data trend for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick 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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Quick Ratio Chart

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Annual Data
Trend Dec22 Dec23
Quick Ratio
45.77 11.99

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Quarterly Data
Dec23
Quick Ratio 11.99

Competitive Comparison of FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio

For the REIT - Retail subindustry, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio, along with its competitors' market caps and Quick 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.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio distribution charts can be found below:

* The bar in red indicates where FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio falls into.



FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(26.088-0)/2.175
=11.99

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII  (BSP:APXM11) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Quick Ratio Related Terms

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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501 - 5th Floor (part), Torre Corcovado, RIO DE JANEIRO, RJ, BRA, CEP: 22250040
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII is real estate investment trust. The purpose of the fund is to invest in real estate projects, primarily in ready-made properties, land or properties under construction, intended for exploitation of commercial activities especially, but not limited to shopping centers (Target Properties) and additionally in real rights over Target Properties which are income generators.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Headlines

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