Gaming and Leisure Properties has a Cash Ratio of 0.92. 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 Gaming and Leisure Properties's Cash Ratio or its related term are showing as below:
GLPI'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.3 Max: 3.04
Current: 0.92
During the past 13 years, Gaming and Leisure Properties's highest Cash Ratio was 3.04. The lowest was 0.01. And the median was 0.30.
GLPI's Cash Ratio is ranked better than 71.68% of 745
companies
in the REITs industry
Industry Median: 0.36
vs GLPI: 0.92
Gaming and Leisure Properties (NAS:GLPI) 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.
Gaming and Leisure Properties Cash Ratio Related Terms
Gaming and Leisure 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.
For the REIT - Specialty subindustry, Gaming and Leisure 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.
Gaming and Leisure Properties Cash Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Gaming and Leisure Properties's Cash Ratio falls into.
* 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.
Gaming and Leisure Properties (GLPI) has a Cash Ratio of 0.92 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Gaming and Leisure Properties and its competitors. This is 207% above median its historical median of 0.30. Over the past decade, Gaming and Leisure Properties' Cash Ratio has ranged from 0.01 to 3.04. According to the industry distribution chart, Gaming and Leisure Properties ranks #211 out of 745 companies in the REITs industry, placing it in the top 28.3%.
Is Gaming and Leisure Properties' Cash Ratio too high?
Gaming and Leisure Properties' current Cash Ratio of 0.92 is 207% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 3.04. The REITs industry median Cash Ratio is 0.36. Gaming and Leisure Properties' value of 0.92 is 155.6% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #211 out of 745 companies in the REITs industry, which is above the industry midpoint. Overall, Gaming and Leisure Properties has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Cash Ratio compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #211 out of 745 companies for Cash Ratio. This puts Gaming and Leisure Properties in the upper half of its industry. The industry median Cash Ratio is 0.36. Gaming and Leisure Properties' value of 0.92 is 155.6% above this benchmark. Historically, Gaming and Leisure Properties' own Cash Ratio has ranged from 0.01 to 3.04 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.36, Gaming and Leisure Properties 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 745 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. Gaming and Leisure Properties's current Cash Ratio of 0.92 is 155.6% 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 Gaming and Leisure Properties 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. Gaming and Leisure Properties's current Cash Ratio is 0.92, which is 207% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming and Leisure Properties stock overvalued right now?
Based on GuruFocus' analysis, Gaming and Leisure Properties (GLPI) is currently considered Modestly Undervalued. The stock's GF Value™ is $49.80, compared to a current price of $43.95 — trading 11.7% below its estimated fair value. The current Cash Ratio is 0.92, which is 207% above median its 10-year median of 0.30 and 155.6% above the REITs industry median of 0.36. Gaming and Leisure Properties' overall GF Score™ is 84/100 with 7 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 Gaming and Leisure Properties (GLPI), the current Cash Ratio is 0.92 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 Gaming and Leisure Properties (GLPI) Overvalued in 2026?
Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued.
The current stock price of $43.95 is trading 11.7% below its estimated GF Value™ of $49.80.
GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.
Key valuation signals for GLPI:
Cash Ratio: 0.92 (207% above median its 10-year median of 0.30)
GF Value™: $49.80 vs. price of $43.95 (11.7% below fair value)
Industry Position: 155.6% above the REITs median (#211 of 745)
No single metric tells the full story. See the GLPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gaming and Leisure Properties Business Description
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
84GF Score
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