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. AREIT Prop's current ratio for the quarter that ended in Dec. 2022 was 23.18.
AREIT Prop has a current ratio of 23.18. 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 AREIT Prop's Current Ratio or its related term are showing as below:
JSE:APO's Current Ratio is not ranked *
in the REITs industry.
Industry Median: 0.98 * Ranked among companies with meaningful Current Ratio only.
AREIT Prop (JSE:APO) 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.
AREIT Prop Current Ratio Related Terms
AREIT Prop Current Ratio Historical Data
* Premium members only.
The historical data trend for AREIT Prop'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.
AREIT Prop Current Ratio Chart
AREIT Prop Annual Data
Trend
Dec21
Dec22
Current Ratio
0.00
23.18
AREIT Prop Quarterly Data
Dec21
Mar22
Jun22
Sep22
Dec22
Current Ratio
0.00
57.34
35.44
18.86
23.18
JSE:APO vs VICI, WPC, STOR: Current Ratio Comparison
For the REIT - Diversified subindustry, AREIT Prop'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.
AREIT Prop Current Ratio vs REITs Industry
For the REITs industry and Real Estate sector, AREIT Prop's Current Ratio distribution charts can be found below:
* The bar in red indicates where AREIT Prop's Current Ratio falls into.
* 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.
AREIT Prop (JSE:APO) has a Current Ratio of 23.18 as of Dec. 2022.
Is AREIT Prop's Current Ratio too high?
AREIT Prop's current Current Ratio is 23.18. The REITs industry median Current Ratio is 0.98. AREIT Prop's value of 23.18 is 2265.3% above this industry median. Overall, AREIT Prop has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does AREIT Prop's Current Ratio compare to VICI and WPC?
AREIT Prop's Current Ratio of 23.18 can be compared against companies in the REITs industry. The industry median Current Ratio is 0.98. AREIT Prop's value of 23.18 is 2265.3% 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 758 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. AREIT Prop's current Current Ratio of 23.18 is 2265.3% 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. AREIT Prop's current Current Ratio is 23.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AREIT Prop stock overvalued right now?
AREIT Prop (JSE:APO) has a current Current Ratio of 23.18. The current Current Ratio is 23.18 and 2265.3% above the REITs industry median of 0.98. AREIT Prop's overall GF Score™ is 20/100. 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 AREIT Prop (JSE:APO), the current Current Ratio is 23.18 as of Dec. 2022. 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.
AREIT Prop Ltd is Investing in leasehold rights to earn fixed rentals. Its reportable operating segments are Cresta Grande Hotel, Fountains Hotel, Lady Hamilton property, and Head office.
20GF Score
Get the complete analysis for JSE:APO
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:APO has been successfully added to your 