US Residential Fund (ASX:USR) Current Ratio: 17.74 (As of Dec. 2018)


What is US Residential Fund Current Ratio?

US Residential Fund ASX:USR Current Ratio is 17.74 as of Dec. 2018.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. US Residential Fund's current ratio for the quarter that ended in Dec. 2018 was 17.74.

US Residential Fund has a current ratio of 17.74. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for US Residential Fund's Current Ratio or its related term are showing as below:

ASX:USR's Current Ratio is not ranked *
in the REITs industry.
Industry Median: 0.98
* Ranked among companies with meaningful Current Ratio only.

US Residential Fund  (ASX:USR) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


US Residential Fund Current Ratio Related Terms


US Residential Fund Current Ratio Historical Data

* Premium members only.

The historical data trend for US Residential Fund's Current 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.

US Residential Fund Current Ratio Chart

US Residential Fund Annual Data
Trend Dec15 Dec16 Dec18
Current Ratio
0.80 2.56 17.74

US Residential Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Current Ratio Get a 7-Day Free Trial 2.56 10.74 4.38 64.28 17.74

ASX:USR vs RVEN, SACH, OAKS: Current Ratio Comparison

For the REIT - Residential subindustry, US Residential Fund's Current Ratio, along with its competitors' market caps and Current 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.


US Residential Fund Current Ratio vs REITs Industry

For the REITs industry and Real Estate sector, US Residential Fund's Current Ratio distribution charts can be found below:

* The bar in red indicates where US Residential Fund's Current Ratio falls into.



US Residential Fund Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

US Residential Fund's Current Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=11.942/0.673
=17.74

US Residential Fund's Current Ratio for the quarter that ended in Dec. 2018 is calculated as

Current Ratio (Q: Dec. 2018 )=Total Current Assets (Q: Dec. 2018 )/Total Current Liabilities (Q: Dec. 2018 )
=11.942/0.673
=17.74

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 17.74 mean?
US Residential Fund (ASX:USR) has a Current Ratio of 17.74 as of Dec. 2018.
Is US Residential Fund's Current Ratio too high?
US Residential Fund's current Current Ratio is 17.74. The REITs industry median Current Ratio is 0.98. US Residential Fund's value of 17.74 is 1710.2% above this industry median.
How does US Residential Fund's Current Ratio compare to RVEN and SACH?
US Residential Fund's Current Ratio of 17.74 can be compared against companies in the REITs industry. The industry median Current Ratio is 0.98. US Residential Fund's value of 17.74 is 1710.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a REITs company?
The median Current Ratio among REITs companies is 0.98, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. US Residential Fund's current Current Ratio of 17.74 is 1710.2% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Current Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Residential Fund's current Current Ratio is 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Residential Fund stock overvalued right now?
US Residential Fund (ASX:USR) has a current Current Ratio of 17.74. The current Current Ratio is 17.74 and 1710.2% above the REITs industry median of 0.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For US Residential Fund (ASX:USR), the current Current Ratio is 17.74 as of Dec. 2018. 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.

US Residential Fund Business Description

Industry Real EstateREITs
Address 201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the United States residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.