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. INDUS Realty Trust's Cash Ratio for the quarter that ended in Jun. 2022 was 3.66.
INDUS Realty Trust has a Cash Ratio of 3.66. 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 INDUS Realty Trust's Cash Ratio or its related term are showing as below:
INDT'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 2.02 Max: 16.68
Current: 3.66
During the past 13 years, INDUS Realty Trust's highest Cash Ratio was 16.68. The lowest was 0.01. And the median was 2.02.
INDT's Cash Ratio is ranked better than 91.92% of 1757
companies
in the Real Estate industry
Industry Median: 0.40
vs INDT: 3.66
INDUS Realty Trust Cash Ratio Historical Data
The historical data trend for INDUS 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.
INDUS Realty Trust Annual Data
Trend
Nov11
Nov12
Nov13
Nov14
Nov15
Nov16
Nov17
Nov18
Nov19
Nov20
Cash Ratio
3.75
3.74
3.79
0.50
5.16
INDUS Realty Trust Quarterly Data
Aug17
Nov17
Feb18
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Cash Ratio
4.47
1.68
7.19
5.34
3.66
Competitive Comparison
For the Real Estate Services subindustry, INDUS 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.
INDUS Realty Trust Cash Ratio Distribution
For the Real Estate industry and Real Estate sector, INDUS Realty Trust's Cash Ratio distribution charts can be found below:
* The bar in red indicates where INDUS Realty Trust's Cash Ratio falls into.
INDUS 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.
INDUS Realty Trust's Cash Ratio for the fiscal year that ended in Nov. 2020 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.
INDUS Realty Trust (NAS:INDT) 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.
INDUS Realty Trust Cash Ratio Related Terms
Thank you for viewing the detailed overview of INDUS Realty Trust's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
INDUS Realty Trust Inc is a real estate company. The company is engaged in developing, managing and leasing industrial properties, and to a lesser extent, office/flex properties. The major developments include industrial parks, Carolina Tradeport, New England Tradeport, and Lehigh Valley.
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