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Real Estate Investors (LSE:RLE) Current Ratio : 0.22 (As of Dec. 2023)


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What is Real Estate Investors Current Ratio?

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. Real Estate Investors's current ratio for the quarter that ended in Dec. 2023 was 0.22.

Real Estate Investors has a current ratio of 0.22. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Real Estate Investors 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 Real Estate Investors's Current Ratio or its related term are showing as below:

LSE:RLE' s Current Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.55   Max: 2.05
Current: 0.22

During the past 13 years, Real Estate Investors's highest Current Ratio was 2.05. The lowest was 0.22. And the median was 0.55.

LSE:RLE's Current Ratio is ranked worse than
87.27% of 715 companies
in the REITs industry
Industry Median: 1.02 vs LSE:RLE: 0.22

Real Estate Investors Current Ratio Historical Data

The historical data trend for Real Estate Investors'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.

* Premium members only.

Real Estate Investors Current Ratio Chart

Real Estate Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.23 1.56 0.51 0.22

Real Estate Investors Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.56 1.93 0.51 0.23 0.22

Competitive Comparison of Real Estate Investors's Current Ratio

For the REIT - Diversified subindustry, Real Estate Investors'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.


Real Estate Investors's Current Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Real Estate Investors's Current Ratio falls into.



Real Estate Investors 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.

Real Estate Investors's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=12.926/60.044
=0.22

Real Estate Investors's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=12.926/60.044
=0.22

* 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.


Real Estate Investors  (LSE:RLE) 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.


Real Estate Investors Current Ratio Related Terms

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Real Estate Investors (LSE:RLE) Business Description

Traded in Other Exchanges
Address
75-77 Colmore Row, 2nd Floor, Birmingham, GBR, B3 2AP
Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well located, real estate assets in the established and markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.

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