NorthStar Healthcareome has a Cash Ratio of 9.54. 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 NorthStar Healthcareome's Cash Ratio or its related term are showing as below:
NHHS'
s Cash Ratio Range Over the Past 10 Years
Min: 0.54 Med: 2.88 Max: 24.87
Current: 9.54
During the past 11 years, NorthStar Healthcareome's highest Cash Ratio was 24.87. The lowest was 0.54. And the median was 2.88.
NHHS's Cash Ratio is ranked better than 94.97% of 756
companies
in the REITs industry
Industry Median: 0.39
vs NHHS: 9.54
NorthStar Healthcareome 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.
Competitive Comparison of NorthStar Healthcareome's Cash Ratio
For the REIT - Healthcare Facilities subindustry, NorthStar Healthcareome'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.
NorthStar Healthcareome's Cash Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, NorthStar Healthcareome's Cash Ratio distribution charts can be found below:
* The bar in red indicates where NorthStar Healthcareome's Cash Ratio falls into.
NorthStar Healthcareome Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
NorthStar Healthcareome's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
NorthStar Healthcareome (OTCPK:NHHS) 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.
NorthStar Healthcareome Cash Ratio Related Terms
Thank you for viewing the detailed overview of NorthStar Healthcareome's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
NorthStar Healthcare Income Inc is a real estate investment trust. The trust is formed to acquire, originate and asset manage a diversified portfolio of equity, debt and securities investments in healthcare real estate, directly or through joint ventures, with a focus on the mid-acuity seniors housing sector, such as assisted living, memory care, skilled nursing and independent living facilities and continuing care retirement communities. It also invests in other healthcare property types, including medical office buildings, hospitals, rehabilitation facilities and ancillary healthcare services businesses. The trust operates in three segments namely, Direct Operating Investments, Direct Net Lease Investments, and Unconsolidated Investments.
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