BWP REIT (IPSX:BWP) Cash Ratio : 5.30 (As of Sep. 2023)

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What is BWP REIT 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. BWP REIT's Cash Ratio for the quarter that ended in Sep. 2023 was 5.30.

BWP REIT has a Cash Ratio of 5.30. 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 BWP REIT's Cash Ratio or its related term are showing as below:

IPSX:BWP' s Cash Ratio Range Over the Past 10 Years
Min: 5.3 Med: 5.3 Max: 5.3
Current: 5.3

During the past 2 years, BWP REIT's highest Cash Ratio was 5.30. The lowest was 5.30. And the median was 5.30.

IPSX:BWP's Cash Ratio is not ranked
in the REITs industry.
Industry Median: 0.405 vs IPSX:BWP: 5.30

BWP REIT Cash Ratio Historical Data

The historical data trend for BWP REIT'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.

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BWP REIT Cash Ratio Chart

BWP REIT Annual Data

Trend

Dec21

Sep23

Cash Ratio

5.30

BWP REIT Semi-Annual Data
	Mar23	Sep23
Cash Ratio	6.98	5.30

Competitive Comparison of BWP REIT's Cash Ratio

For the REIT - Office subindustry, BWP REIT'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.

BWP REIT's Cash Ratio Distribution in the REITs Industry

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

* The bar in red indicates where BWP REIT's Cash Ratio falls into.

BWP REIT Cash Ratio Calculation

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

BWP REIT's Cash Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Cash Ratio (A: Sep. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	20.975	/	3.96
	=	5.30

BWP REIT's Cash Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash Ratio (Q: Sep. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	20.975	/	3.96
	=	5.30

BWP REIT (IPSX:BWP) 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.

BWP REIT Cash Ratio Related Terms

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