Armada Hoffler Properties has a Cash Ratio of 0.25. 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 Armada Hoffler Properties's Cash Ratio or its related term are showing as below:
AHHpA.PFD'
s Cash Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.25 Max: 1.01
Current: 0.25
During the past 13 years, Armada Hoffler Properties's highest Cash Ratio was 1.01. The lowest was 0.06. And the median was 0.25.
AHHpA.PFD's Cash Ratio is ranked worse than 60.66% of 755
companies
in the REITs industry
Industry Median: 0.39
vs AHHpA.PFD: 0.25
Armada Hoffler Properties Cash Ratio Historical Data
* 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.
Competitive Comparison of Armada Hoffler Properties's Cash Ratio
For the REIT - Diversified subindustry, Armada Hoffler 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.
Armada Hoffler Properties's Cash Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Armada Hoffler Properties's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Armada Hoffler Properties's Cash Ratio falls into.
Armada Hoffler 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.
Armada Hoffler Properties's Cash Ratio for the fiscal year that ended in Dec. 2023 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.
Armada Hoffler Properties (NYSE:AHHpA.PFD) 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.
Armada Hoffler Properties Cash Ratio Related Terms
Thank you for viewing the detailed overview of Armada Hoffler Properties's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. They lease our properties under operating leases and recognize base rents. It also recognize revenue from tenant recoveries, through which tenants reimburses the company for expenses paid by them such as utilities, janitorial, repairs and maintenance. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.
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