Emira Property Fund (JSE:EMI) Cash Ratio: 1.54 (As of Mar. 2026) — 2467% Above Median

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JSE:EMI Emira Property Fund Ltd JSE:EMI
55 GF Score
Price R13.56
GF Value R8.60
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Emira Property Fund Cash Ratio?

Emira Property Fund JSE:EMI -2.45% 55 Cash Ratio is 1.54 as of Mar. 2026, which is 2467% above its 10-year median of 0.06. GuruFocus rates JSE:EMI with a GF Score™ of 55/100 and a GF Value™ of R8.60 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 724 REITs companies, Emira Property Fund ranks better than 80.8% 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. Emira Property Fund's Cash Ratio for the quarter that ended in Mar. 2026 was 1.54.

Emira Property Fund has a Cash Ratio of 1.54. 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 Emira Property Fund's Cash Ratio or its related term are showing as below:

JSE:EMI' s Cash Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 1.54
Current: 1.54

During the past 13 years, Emira Property Fund's highest Cash Ratio was 1.54. The lowest was 0.04. And the median was 0.06.

JSE:EMI's Cash Ratio is ranked better than
80.8% of 724 companies
in the REITs industry
Industry Median: 0.35 vs JSE:EMI: 1.54

Emira Property Fund  (JSE:EMI) 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.


Emira Property Fund Cash Ratio Related Terms


Emira Property Fund Cash Ratio Historical Data

* Premium members only.

The historical data trend for Emira Property Fund'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.

Emira Property Fund Cash Ratio Chart

Emira Property Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24 Mar25 Mar26
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.04 0.07 0.24 1.54

Emira Property Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.07 0.04 0.24 0.29 1.54

JSE:EMI vs VICI, WPC: Cash Ratio Comparison

For the REIT - Diversified subindustry, Emira Property Fund'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.


Emira Property Fund Cash Ratio vs REITs Industry

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

* The bar in red indicates where Emira Property Fund's Cash Ratio falls into.


JSE:EMI
55GF Score
Emira Property Fund Ltd JSE:EMI
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emira Property Fund Cash Ratio Calculation

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

Emira Property Fund's Cash Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Cash Ratio (A: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1501.144/972.738
=1.54

Emira Property Fund'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
=1501.144/972.738
=1.54

* 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 1.54 mean?
Emira Property Fund (JSE:EMI) has a Cash Ratio of 1.54 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Emira Property Fund and its competitors. This is 2467% above median its historical median of 0.06. Over the past decade, Emira Property Fund's Cash Ratio has ranged from 0.04 to 1.54. According to the industry distribution chart, Emira Property Fund ranks #139 out of 724 companies in the REITs industry, placing it in the top 19.2%.
Is Emira Property Fund's Cash Ratio too high?
Emira Property Fund's current Cash Ratio of 1.54 is 2467% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.54. The REITs industry median Cash Ratio is 0.35. Emira Property Fund's value of 1.54 is 340% above this industry median. Based on the distribution chart, Emira Property Fund ranks #139 out of 724 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Emira Property Fund has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's Cash Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Emira Property Fund ranks #139 out of 724 companies for Cash Ratio. This places Emira Property Fund in the top 19% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.35. Emira Property Fund's value of 1.54 is 340% above this benchmark. Historically, Emira Property Fund's own Cash Ratio has ranged from 0.04 to 1.54 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.35, Emira Property Fund 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 0.35, based on 724 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. Emira Property Fund's current Cash Ratio of 1.54 is 340% 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 Emira Property Fund and its competitors. For the REITs industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emira Property Fund's current Cash Ratio is 1.54, which is 2467% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emira Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Emira Property Fund (JSE:EMI) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.60, compared to a current price of R13.56 — trading 57.7% above its estimated fair value. The current Cash Ratio is 1.54, which is 2467% above median its 10-year median of 0.06 and 340% above the REITs industry median of 0.35. Emira Property Fund's overall GF Score™ is 55/100 with 8 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 Emira Property Fund (JSE:EMI), the current Cash Ratio is 1.54 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 Emira Property Fund (JSE:EMI) Overvalued in 2026?

Based on GuruFocus' analysis, Emira Property Fund stock appears to be overvalued. The current stock price of R13.56 is trading 57.7% above its estimated GF Value™ of R8.60. GuruFocus considers Emira Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EMI:

  • Cash Ratio: 1.54 (2467% above median its 10-year median of 0.06)
  • GF Value™: R8.60 vs. price of R13.56 (57.7% above fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 340% above the REITs median (#139 of 724)

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


Emira Property Fund Business Description

Industry Real EstateREITs
Address 33 Sloane Street, 1st Floor, Block A, Knightsbridge Office Park, Bryanston, Johannesburg, GT, ZAF, 2191
Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential, and industrial properties. The majority of the properties are in Gauteng, with the others in the Western Cape and KwaZulu-Natal. The company operates through five segments, namely: Office; Retail; Industrial; Residential; and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties. The residential segment comprises directly held residential property, and the corporate segment comprises the South African administration activities of the Group.
55GF Score

Get the complete analysis for JSE:EMI

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

R13.56
Price
R8.60
GF Value