Lendlease Global Commercial REIT has a Cash Ratio of 1.10. 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 Lendlease Global Commercial REIT's Cash Ratio or its related term are showing as below:
SGX:JYEU'
s Cash Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.74 Max: 8.9
Current: 1.1
During the past 4 years, Lendlease Global Commercial REIT's highest Cash Ratio was 8.90. The lowest was 0.09. And the median was 0.74.
SGX:JYEU's Cash Ratio is ranked better than 73.07% of 713
companies
in the REITs industry
Industry Median: 0.41
vs SGX:JYEU: 1.10
Lendlease Global Commercial REIT 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 Lendlease Global Commercial REIT's Cash Ratio
For the REIT - Diversified subindustry, Lendlease Global Commercial 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.
Lendlease Global Commercial REIT's Cash Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Lendlease Global Commercial REIT's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Lendlease Global Commercial REIT's Cash Ratio falls into.
Lendlease Global Commercial 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.
* 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.
Lendlease Global Commercial REIT (SGX:JYEU) 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.
Lendlease Global Commercial REIT Cash Ratio Related Terms
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Lendlease Global Commercial REIT (SGX:JYEU) Business Description
Lendlease Global Commercial REIT is a Singapore real estate investment trust. It is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally that are used primarily for retail and office purposes as well as real estate-related assets in connection with the foregoing. The company's geographical segment includes Singapore segment which comprises of leasing of retail and office buildings in Singapore. and Italy segment which comprises of easing of Sky Complex, comprising three office buildings in Milan. It derives a majority of revenue from Singapore.
Lendlease Global Commercial REIT (SGX:JYEU) Headlines
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