IGPYF (Argosy Property) Current Ratio: 0.47 (As of Mar. 2026) — 59% Below Median

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IGPYF Argosy Property Ltd IGPYF
69 GF Score
Price $0.75
GF Value $0.75
! 9 Warning Signs
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What is Argosy Property Current Ratio?

Argosy Property IGPYF 69 Current Ratio is 0.47 as of Mar. 2026, which is 59% below its 10-year median of 1.16. GuruFocus rates IGPYF with a GF Score™ of 69/100 and a GF Value™ of $0.75. The stock has 9 warning signs investors should review. Among 743 REITs companies, Argosy Property ranks worse than 72.27% on this metric.

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. Argosy Property's current ratio for the quarter that ended in Mar. 2026 was 0.47.

Argosy Property has a current ratio of 0.47. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Argosy Property has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Argosy Property's Current Ratio or its related term are showing as below:

IGPYF' s Current Ratio Range Over the Past 10 Years
Min: 0.08   Med: 1.16   Max: 4.97
Current: 0.47

During the past 13 years, Argosy Property's highest Current Ratio was 4.97. The lowest was 0.08. And the median was 1.16.

IGPYF's Current Ratio is ranked worse than
72.27% of 743 companies
in the REITs industry
Industry Median: 0.96 vs IGPYF: 0.47

Argosy Property  (OTCPK:IGPYF) 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.


Argosy Property Current Ratio Related Terms


Argosy Property Current Ratio Historical Data

* Premium members only.

The historical data trend for Argosy Property'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.

Argosy Property Current Ratio Chart

Argosy Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 0.56 2.51 0.08 0.47

Argosy Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.51 2.42 0.08 0.04 0.47

IGPYF vs VICI, WPC, BNL: Current Ratio Comparison

For the REIT - Diversified subindustry, Argosy Property'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.


Argosy Property Current Ratio vs REITs Industry

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

* The bar in red indicates where Argosy Property's Current Ratio falls into.


IGPYF
69GF Score
Argosy Property Ltd IGPYF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argosy Property 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.

Argosy Property's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=33.777/71.855
=0.47

Argosy Property's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=33.777/71.855
=0.47

* 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 0.47 mean?
Argosy Property (IGPYF) has a Current Ratio of 0.47 as of Mar. 2026. This is 59% below median its historical median of 1.16. Over the past decade, Argosy Property's Current Ratio has ranged from 0.08 to 4.97. According to the industry distribution chart, Argosy Property ranks #537 out of 743 companies in the REITs industry, placing it in the top 72.3%.
Is Argosy Property's Current Ratio too high?
Argosy Property's current Current Ratio of 0.47 is 59% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 4.97. The REITs industry median Current Ratio is 0.96. Argosy Property's value of 0.47 is 51% below this industry median. Based on the distribution chart, Argosy Property ranks #537 out of 743 companies in the REITs industry, which is below the industry midpoint. Overall, Argosy Property has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's Current Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Argosy Property ranks #537 out of 743 companies for Current Ratio. This places Argosy Property in the lower half of its industry. The industry median Current Ratio is 0.96. Argosy Property's value of 0.47 is 51% below this benchmark. Historically, Argosy Property's own Current Ratio has ranged from 0.08 to 4.97 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.96, Argosy Property has consistently been below 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 Current Ratio for a REITs company?
The median Current Ratio among REITs companies is 0.96, based on 743 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. Argosy Property's current Current Ratio of 0.47 is 51% below 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 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Property's current Current Ratio is 0.47, which is 59% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Property stock overvalued right now?
Argosy Property (IGPYF) has a current Current Ratio of 0.47. The stock's GF Value™ is $0.75, compared to a current price of $0.75 — trading right at its estimated fair value. The current Current Ratio is 0.47, which is 59% below median its 10-year median of 1.16 and 51% below the REITs industry median of 0.96. Argosy Property's overall GF Score™ is 69/100 with 9 warning signs to review. 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 Argosy Property (IGPYF), the current Current Ratio is 0.47 as of Mar. 2026. 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 Argosy Property (IGPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Argosy Property stock appears to be undervalued. The current stock price of $0.75 is trading 0% below its estimated GF Value™ of $0.75.

Key valuation signals for IGPYF:

  • Current Ratio: 0.47 (59% below median its 10-year median of 1.16)
  • GF Value™: $0.75 vs. price of $0.75 (0% below fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 51% below the REITs median (#537 of 743)

No single metric tells the full story. See the IGPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argosy Property Business Description

Industry Real EstateREITs
Other Exchanges ARG:New Zealand
Address Victoria Street West, P.O. Box 90214, 39 Market Place, Auckland, NTL, NZL, 1142
Argosy Property Ltd's business activity is to invest in and actively manage properties, including Industrial, Office, and Large Format Retail properties, predominantly in Auckland and New Zealand. The company's portfolio is centered on the Auckland and Wellington markets and is diversified by industrial, office, and large-format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centers, and entertainment venues.
69GF Score

Get the complete analysis for IGPYF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.75
Price
$0.75
GF Value