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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Cash Ratio : 10.71 (As of Jun. 2023)


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What is Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio for the quarter that ended in Jun. 2023 was 10.71.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario has a Cash Ratio of 10.71. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio or its related term are showing as below:

BSP:ALZR11' s Cash Ratio Range Over the Past 10 Years
Min: 2.12   Med: 8.62   Max: 119.51
Current: 10.71

During the past 6 years, Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's highest Cash Ratio was 119.51. The lowest was 2.12. And the median was 8.62.

BSP:ALZR11's Cash Ratio is ranked better than
97.12% of 1770 companies
in the Real Estate industry
Industry Median: 0.32 vs BSP:ALZR11: 10.71

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Cash Ratio Historical Data

The historical data trend for Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash 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.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Cash Ratio Chart

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Ratio
Get a 7-Day Free Trial 119.51 22.11 4.31 6.52 10.71

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Ratio Get a 7-Day Free Trial 119.51 22.11 4.31 6.52 10.71

Competitive Comparison of Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio

For the Real Estate Services subindustry, Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario'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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio falls into.



Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash Ratio (A: Jun. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=577.171/53.875
=10.71

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Cash Ratio for the quarter that ended in Jun. 2023 is calculated as:

Cash Ratio (Q: Jun. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=577.171/53.875
=10.71

* 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario  (BSP:ALZR11) 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Cash Ratio Related Terms

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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Tabapua No. 1.227-Conj. 202, Itaim Bibi, Sau Paulo, SP, BRA, 04534-003
Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliariois a real estate investment company in Brazil. The company focuses on structured projects, such as Built-To-Suit and Sale and Leaseback. It offers property development for leases in the logistics, residential and office segments. The company is also engaged in an asset management business of premium real estate investments, such as FIIs, private equity real estate vehicles, CMBS and RMBS.

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