FPI (Farmland Partners) Cash Ratio: 1.09 (As of Mar. 2026) — Near Median

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FPI Farmland Partners Inc FPI
69 GF Score
Price $9.68
GF Value $10.99
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Farmland Partners Cash Ratio?

Farmland Partners FPI -0.31% 69 Cash Ratio is 1.09 as of Mar. 2026, which is 1% above its 10-year median of 1.08. GuruFocus rates FPI with a GF Score™ of 69/100 and a GF Value™ of $10.99 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 737 REITs companies, Farmland Partners ranks better than 75.71% on this metric.

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. Farmland Partners's Cash Ratio for the quarter that ended in Mar. 2026 was 1.09.

Farmland Partners has a Cash Ratio of 1.09. 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 Farmland Partners's Cash Ratio or its related term are showing as below:

FPI' s Cash Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.08   Max: 7.75
Current: 1.09

During the past 13 years, Farmland Partners's highest Cash Ratio was 7.75. The lowest was 0.18. And the median was 1.08.

FPI's Cash Ratio is ranked better than
75.71% of 737 companies
in the REITs industry
Industry Median: 0.36 vs FPI: 1.09

Farmland Partners  (NYSE:FPI) 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.


Farmland Partners Cash Ratio Related Terms


Farmland Partners Cash Ratio Historical Data

* Premium members only.

The historical data trend for Farmland Partners'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.

Farmland Partners Cash Ratio Chart

Farmland Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 0.41 0.18 1.13 0.46

Farmland Partners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash 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 1.31 5.50 1.38 0.46 1.09

FPI vs LAND, NLCP, SELF: Cash Ratio Comparison

For the REIT - Specialty subindustry, Farmland Partners'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.


Farmland Partners Cash Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Farmland Partners's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Farmland Partners's Cash Ratio falls into.


FPI
69GF Score
Farmland Partners Inc FPI
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Farmland Partners Cash Ratio Calculation

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

Farmland Partners's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=9.293/20.084
=0.46

Farmland Partners's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=17.741/16.294
=1.09

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 1.09 mean?
Farmland Partners (FPI) has a Cash Ratio of 1.09 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Farmland Partners and its competitors. This is near median its historical median of 1.08. Over the past decade, Farmland Partners' Cash Ratio has ranged from 0.18 to 7.75. According to the industry distribution chart, Farmland Partners ranks #179 out of 737 companies in the REITs industry, placing it in the top 24.3%.
Is Farmland Partners' Cash Ratio too high?
Farmland Partners' current Cash Ratio of 1.09 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 7.75. The REITs industry median Cash Ratio is 0.36. Farmland Partners' value of 1.09 is 202.8% above this industry median. Based on the distribution chart, Farmland Partners ranks #179 out of 737 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Farmland Partners has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Cash Ratio compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #179 out of 737 companies for Cash Ratio. This places Farmland Partners in the top 24% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.36. Farmland Partners' value of 1.09 is 202.8% above this benchmark. Historically, Farmland Partners' own Cash Ratio has ranged from 0.18 to 7.75 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.36, Farmland Partners has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a REITs company?
The median Cash Ratio among REITs companies is 0.36, based on 737 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmland Partners's current Cash Ratio of 1.09 is 202.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Farmland Partners and its competitors. For the REITs industry, the median Cash Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current Cash Ratio is 1.09, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FPI) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.99, compared to a current price of $9.68 — trading 11.9% below its estimated fair value. The current Cash Ratio is 1.09, which is near median its 10-year median of 1.08 and 202.8% above the REITs industry median of 0.36. Farmland Partners' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Farmland Partners (FPI), the current Cash Ratio is 1.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Farmland Partners (FPI) Overvalued in 2026?

Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued. The current stock price of $9.68 is trading 11.9% below its estimated GF Value™ of $10.99. GuruFocus considers Farmland Partners to be Modestly Undervalued.

Key valuation signals for FPI:

  • Cash Ratio: 1.09 (near median its 10-year median of 1.08)
  • GF Value™: $10.99 vs. price of $9.68 (11.9% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 202.8% above the REITs median (#179 of 737)

No single metric tells the full story. See the FPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Farmland Partners Business Description

Industry Real EstateREITs
Other Exchanges 0FA:Germany
Address 4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
69GF Score

Get the complete analysis for FPI

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.68
Price
$10.99
GF Value