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PSTL (Postal Realty Trust) Cash Ratio : 0.02 (As of Sep. 2024)


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What is Postal Realty Trust 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. Postal Realty Trust's Cash Ratio for the quarter that ended in Sep. 2024 was 0.02.

Postal Realty Trust has a Cash Ratio of 0.02. 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 Postal Realty Trust's Cash Ratio or its related term are showing as below:

PSTL' s Cash Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 1.08
Current: 0.02

During the past 7 years, Postal Realty Trust's highest Cash Ratio was 1.08. The lowest was 0.02. And the median was 0.11.

PSTL's Cash Ratio is ranked worse than
94.83% of 755 companies
in the REITs industry
Industry Median: 0.39 vs PSTL: 0.02

Postal Realty Trust Cash Ratio Historical Data

The historical data trend for Postal Realty Trust'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.

* Premium members only.

Postal Realty Trust Cash Ratio Chart

Postal Realty Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial 0.22 0.03 0.28 0.16 0.11

Postal Realty Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.23 0.11 0.07 0.03 0.02

Competitive Comparison of Postal Realty Trust's Cash Ratio

For the REIT - Office subindustry, Postal Realty Trust'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.


Postal Realty Trust's Cash Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Postal Realty Trust's Cash Ratio falls into.



Postal Realty Trust Cash Ratio Calculation

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

Postal Realty Trust's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=2.235/20.996
=0.11

Postal Realty Trust's Cash Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash Ratio (Q: Sep. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.97/58.715
=0.02

* 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.


Postal Realty Trust  (NYSE:PSTL) 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.


Postal Realty Trust Cash Ratio Related Terms

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Postal Realty Trust Business Description

Traded in Other Exchanges
Address
75 Columbia Avenue, Cedarhurst, New York, NY, USA, 11516
Postal Realty Trust Inc is an internally managed real estate corporation that owns and manages properties leased to the United States Postal Service, or the USPS. Its objective is to create stockholder value by generating risk-adjusted returns through expanding its portfolio of owned and managed postal properties leased to the USPS. The majority of the revenue is generated from the rental income received.
Executives
Jeremy Garber officer: Pres., Treasurer & Secretary 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Andrew Spodek director, 10 percent owner, officer: CEO and Director 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Robert B Klein officer: Chief Financial Officer C/O POSTAL REALTY TRUST, INC., 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Patrick R Donahoe director 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Jane Gural-senders director 75 COLUMBIA AVENUE, CEDARHURST NY 11516
Anton Feingold director C/O CION ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Barry Lefkowitz director
Matt Brandwein officer: SVP & Chief Accounting Officer 75 COLUMBIA AVENUE, CEDARHURST NY 11516