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NIPPON REIT Investment has a Cash Ratio of 0.41. 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 NIPPON REIT Investment's Cash Ratio or its related term are showing as below:
TSE:3296'
s Cash Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.46 Max: 0.71
Current: 0.41
During the past 11 years, NIPPON REIT Investment's highest Cash Ratio was 0.71. The lowest was 0.15. And the median was 0.46.
TSE:3296's Cash Ratio is ranked better than 54.89% of 716
companies
in the REITs industry
Industry Median: 0.35
vs TSE:3296: 0.41
NIPPON REIT Investment (TSE:3296) 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.
* 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 - Office subindustry, NIPPON REIT Investment'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.
NIPPON REIT Investment Cash Ratio vs REITs Industry
For the REITs industry and Real Estate sector, NIPPON REIT Investment's Cash Ratio distribution charts can be found below:
* The bar in red indicates where NIPPON REIT Investment'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.
NIPPON REIT Investment (TSE:3296) has a Cash Ratio of 0.41 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on NIPPON REIT Investment and its competitors. This is 11% below median its historical median of 0.46. Over the past decade, NIPPON REIT Investment's Cash Ratio has ranged from 0.15 to 0.71. According to the industry distribution chart, NIPPON REIT Investment ranks #323 out of 716 companies in the REITs industry, placing it in the top 45.1%.
Is NIPPON REIT Investment's Cash Ratio too high?
NIPPON REIT Investment's current Cash Ratio of 0.41 is 11% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.71. The REITs industry median Cash Ratio is 0.35. NIPPON REIT Investment's value of 0.41 is 17.1% above this industry median. Based on the distribution chart, NIPPON REIT Investment ranks #323 out of 716 companies in the REITs industry, which is above the industry midpoint. Overall, NIPPON REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON REIT Investment's Cash Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, NIPPON REIT Investment ranks #323 out of 716 companies for Cash Ratio. This puts NIPPON REIT Investment in the upper half of its industry. The industry median Cash Ratio is 0.35. NIPPON REIT Investment's value of 0.41 is 17.1% above this benchmark. Historically, NIPPON REIT Investment's own Cash Ratio has ranged from 0.15 to 0.71 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.35, NIPPON REIT Investment 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 716 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. NIPPON REIT Investment's current Cash Ratio of 0.41 is 17.1% 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 NIPPON REIT Investment 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. NIPPON REIT Investment's current Cash Ratio is 0.41, which is 11% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, NIPPON REIT Investment (TSE:3296) is currently considered Modestly Undervalued. The stock's GF Value™ is 円91,907.16, compared to a current price of 円81,900.00 — trading 10.9% below its estimated fair value. The current Cash Ratio is 0.41, which is 11% below median its 10-year median of 0.46 and 17.1% above the REITs industry median of 0.35. NIPPON REIT Investment's overall GF Score™ is 64/100 with 3 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 NIPPON REIT Investment (TSE:3296), the current Cash Ratio is 0.41 as of Dec. 2025. 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 NIPPON REIT Investment (TSE:3296) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued.
The current stock price of 円81,900.00 is trading 10.9% below its estimated GF Value™ of 円91,907.16.
GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.
Key valuation signals for TSE:3296:
Cash Ratio: 0.41 (11% below median its 10-year median of 0.46)
GF Value™: 円91,907.16 vs. price of 円81,900.00 (10.9% below fair value)
Industry Position: 17.1% above the REITs median (#323 of 716)
No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF Score
Get the complete analysis for TSE:3296
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