GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lightstone Value Plus REIT IV Inc (OTCPK:LTSV) » Definitions » Current Ratio

Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Current Ratio : 1.44 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Lightstone Value Plus REIT IV 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. Lightstone Value Plus REIT IV's current ratio for the quarter that ended in Dec. 2023 was 1.44.

Lightstone Value Plus REIT IV has a current ratio of 1.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Lightstone Value Plus REIT IV's Current Ratio or its related term are showing as below:

LTSV' s Current Ratio Range Over the Past 10 Years
Min: 1.25   Med: 1.59   Max: 7.28
Current: 1.44

During the past 4 years, Lightstone Value Plus REIT IV's highest Current Ratio was 7.28. The lowest was 1.25. And the median was 1.59.

LTSV's Current Ratio is ranked better than
60.89% of 716 companies
in the REITs industry
Industry Median: 1.02 vs LTSV: 1.44

Lightstone Value Plus REIT IV Current Ratio Historical Data

The historical data trend for Lightstone Value Plus REIT IV'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.

Lightstone Value Plus REIT IV Current Ratio Chart

Lightstone Value Plus REIT IV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Current Ratio
7.28 1.25 1.74 1.44

Lightstone Value Plus REIT IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.25 0.90 1.21 1.44

Competitive Comparison of Lightstone Value Plus REIT IV's Current Ratio

For the REIT - Diversified subindustry, Lightstone Value Plus REIT IV'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.


Lightstone Value Plus REIT IV's Current Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT IV's Current Ratio distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT IV's Current Ratio falls into.



Lightstone Value Plus REIT IV 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.

Lightstone Value Plus REIT IV'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 )
=9.132/6.333
=1.44

Lightstone Value Plus REIT IV'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 )
=9.132/6.333
=1.44

* 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.


Lightstone Value Plus REIT IV  (OTCPK:LTSV) 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.


Lightstone Value Plus REIT IV Current Ratio Related Terms

Thank you for viewing the detailed overview of Lightstone Value Plus REIT IV's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT IV Inc operates as a Real Estate Income Trust. It engages in originating, acquiring, and managing a diverse portfolio of real estate or real estate-related investments located in the United States. Its real estate investments include operating properties and development projects and its real estate-related investment may include mezzanine loans, mortgage loans, bridge loans, and preferred equity interests. It has one operating segment that is the company's majority-owned and consolidated the operating results of a joint venture (Williamsburg Moxy Hotel Joint Venture).

Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Headlines

No Headlines