Wharf Real Estate Investment Co has a Cash Ratio of 0.08. 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 Wharf Real Estate Investment Co's Cash Ratio or its related term are showing as below:
FRA:4WF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.14 Max: 0.46
Current: 0.08
During the past 10 years, Wharf Real Estate Investment Co's highest Cash Ratio was 0.46. The lowest was 0.08. And the median was 0.14.
FRA:4WF's Cash Ratio is ranked worse than 79.27% of 1775
companies
in the Real Estate industry
Industry Median: 0.33
vs FRA:4WF: 0.08
Wharf Real Estate Investment Co 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 Wharf Real Estate Investment Co's Cash Ratio
For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.
Wharf Real Estate Investment Co's Cash Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Wharf Real Estate Investment Co's Cash Ratio falls into.
Wharf Real Estate Investment Co 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.
Wharf Real Estate Investment Co (FRA:4WF) 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.
Wharf Real Estate Investment Co Cash Ratio Related Terms
Thank you for viewing the detailed overview of Wharf Real Estate Investment Co's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wharf Real Estate Investment Co (FRA:4WF) Business Description
Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in WREIC.
Wharf Real Estate Investment Co (FRA:4WF) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:4WF has been successfully added to your 