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. Regency Centers's Cash Ratio for the quarter that ended in Dec. 2023 was 0.17.
Regency Centers has a Cash Ratio of 0.17. 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 Regency Centers's Cash Ratio or its related term are showing as below:
REG'
s Cash Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.22 Max: 1.24
Current: 0.17
During the past 13 years, Regency Centers's highest Cash Ratio was 1.24. The lowest was 0.09. And the median was 0.22.
REG's Cash Ratio is ranked worse than 67.61% of 707
companies
in the REITs industry
Industry Median: 0.43
vs REG: 0.17
Regency Centers Cash Ratio Historical Data
The historical data trend for Regency Centers'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.
Competitive Comparison of Regency Centers's Cash Ratio
For the REIT - Retail subindustry, Regency Centers'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.
Regency Centers's Cash Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Regency Centers's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Regency Centers's Cash Ratio falls into.
Regency Centers Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Regency Centers's Cash Ratio for the fiscal year that ended in Dec. 2023 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.
Regency Centers (NAS:REG) 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.
Regency Centers Cash Ratio Related Terms
Thank you for viewing the detailed overview of Regency Centers's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Regency Centers (Regency Centers) Business Description
Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 480 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 14% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
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