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Spear REITJSE:SEA -3.15%68 Cash Ratio is 1.54 as of Feb. 2026, which is 1611% above its 10-year median of 0.09. GuruFocus rates JSE:SEA with a GF Score™ of 68/100 and a GF Value™ of R6.68 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 724 REITs companies, Spear REIT ranks better than 81.77% on this metric.
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.
Spear REIT Cash Ratio Related Terms
Spear REIT Cash Ratio Historical Data
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The historical data trend for Spear 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.
For the REIT - Diversified subindustry, Spear 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.
Spear REIT Cash Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Spear REIT's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Spear REIT'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.
Spear REIT (JSE:SEA) has a Cash Ratio of 1.54 as of Feb. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Spear REIT and its competitors. This is 1611% above median its historical median of 0.09. Over the past decade, Spear REIT's Cash Ratio has ranged from 0.04 to 1.54. According to the industry distribution chart, Spear REIT ranks #132 out of 724 companies in the REITs industry, placing it in the top 18.2%.
Is Spear REIT's Cash Ratio too high?
Spear REIT's current Cash Ratio of 1.54 is 1611% above median its 10-year median of 0.09. 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. Spear REIT's value of 1.54 is 340% above this industry median. Based on the distribution chart, Spear REIT ranks #132 out of 724 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Spear REIT has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spear REIT's Cash Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Spear REIT ranks #132 out of 724 companies for Cash Ratio. This places Spear REIT in the top 18% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.35. Spear REIT's value of 1.54 is 340% above this benchmark. Historically, Spear REIT's own Cash Ratio has ranged from 0.04 to 1.54 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.35, Spear REIT 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. Spear REIT'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 Spear REIT 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. Spear REIT's current Cash Ratio is 1.54, which is 1611% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spear REIT stock overvalued right now?
Based on GuruFocus' analysis, Spear REIT (JSE:SEA) is currently considered Significantly Overvalued. The stock's GF Value™ is R6.68, compared to a current price of R12.59 — trading 88.5% above its estimated fair value. The current Cash Ratio is 1.54, which is 1611% above median its 10-year median of 0.09 and 340% above the REITs industry median of 0.35. Spear REIT's overall GF Score™ is 68/100 with 12 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 Spear REIT (JSE:SEA), the current Cash Ratio is 1.54 as of Feb. 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 Spear REIT (JSE:SEA) Overvalued in 2026?
Based on GuruFocus' analysis, Spear REIT stock appears to be overvalued.
The current stock price of R12.59 is trading 88.5% above its estimated GF Value™ of R6.68.
GuruFocus considers Spear REIT to be Significantly Overvalued.
Key valuation signals for JSE:SEA:
Cash Ratio: 1.54 (1611% above median its 10-year median of 0.09)
GF Value™: R6.68 vs. price of R12.59 (88.5% above fair value)
Industry Position: 340% above the REITs median (#132 of 724)
No single metric tells the full story. See the JSE:SEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spear REIT Ltd is a real estate investment trust. The company has five segments Industrial, Commercial, Retail, Development, and Non-property. The company generates majority of revenue from Industrial segment. The industrial portfolio comprises a diverse range of multi-let industrial properties, warehouses, logistics parks, and urban logistics facilities. The company has presence in Cape.
68GF Score
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