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NewLake Capital PartnersNLCP +0.29%83 Current Ratio is 1.33 as of Mar. 2026, which is 35% below its 10-year median of 2.06. GuruFocus rates NLCP with a GF Score™ of 83/100 and a GF Value™ of $14.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 743 REITs companies, NewLake Capital Partners ranks better than 60.7% 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. NewLake Capital Partners's current ratio for the quarter that ended in Mar. 2026 was 1.33.
NewLake Capital Partners has a current ratio of 1.33. It generally indicates good short-term financial strength.
The historical rank and industry rank for NewLake Capital Partners's Current Ratio or its related term are showing as below:
NLCP'
s Current Ratio Range Over the Past 10 Years
Min: 0.9 Med: 2.06 Max: 16.62
Current: 1.33
During the past 6 years, NewLake Capital Partners's highest Current Ratio was 16.62. The lowest was 0.90. And the median was 2.06.
NLCP's Current Ratio is ranked better than 60.7% of 743
companies
in the REITs industry
Industry Median: 0.96
vs NLCP: 1.33
NewLake Capital Partners (OTCPK:NLCP) 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.
NewLake Capital Partners Current Ratio Related Terms
NewLake Capital Partners Current Ratio Historical Data
* 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.
For the REIT - Specialty subindustry, NewLake Capital Partners'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.
NewLake Capital Partners Current Ratio vs REITs Industry
For the REITs industry and Real Estate sector, NewLake Capital Partners's Current Ratio distribution charts can be found below:
* The bar in red indicates where NewLake Capital Partners'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.
NewLake Capital Partners (NLCP) has a Current Ratio of 1.33 as of Mar. 2026. This is 35% below median its historical median of 2.06. Over the past decade, NewLake Capital Partners' Current Ratio has ranged from 0.90 to 16.62. According to the industry distribution chart, NewLake Capital Partners ranks #292 out of 743 companies in the REITs industry, placing it in the top 39.3%.
Is NewLake Capital Partners' Current Ratio too high?
NewLake Capital Partners' current Current Ratio of 1.33 is 35% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 16.62. The REITs industry median Current Ratio is 0.96. NewLake Capital Partners' value of 1.33 is 38.5% above this industry median. Based on the distribution chart, NewLake Capital Partners ranks #292 out of 743 companies in the REITs industry, which is above the industry midpoint. Overall, NewLake Capital Partners has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NewLake Capital Partners' Current Ratio compare to LAND and FPI?
According to the REITs industry distribution chart, NewLake Capital Partners ranks #292 out of 743 companies for Current Ratio. This puts NewLake Capital Partners in the upper half of its industry. The industry median Current Ratio is 0.96. NewLake Capital Partners' value of 1.33 is 38.5% above this benchmark. Historically, NewLake Capital Partners' own Current Ratio has ranged from 0.90 to 16.62 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 0.96, NewLake Capital Partners has consistently been above 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. NewLake Capital Partners's current Current Ratio of 1.33 is 38.5% 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 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewLake Capital Partners's current Current Ratio is 1.33, which is 35% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewLake Capital Partners stock overvalued right now?
Based on GuruFocus' analysis, NewLake Capital Partners (NLCP) is currently considered Fairly Valued. The stock's GF Value™ is $14.85, compared to a current price of $15.75 — trading 6% above its estimated fair value. The current Current Ratio is 1.33, which is 35% below median its 10-year median of 2.06 and 38.5% above the REITs industry median of 0.96. NewLake Capital Partners' overall GF Score™ is 83/100 with 7 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 NewLake Capital Partners (NLCP), the current Current Ratio is 1.33 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 NewLake Capital Partners (NLCP) Overvalued in 2026?
Based on GuruFocus' analysis, NewLake Capital Partners stock appears to be overvalued.
The current stock price of $15.75 is trading 6% above its estimated GF Value™ of $14.85.
GuruFocus considers NewLake Capital Partners to be Fairly Valued.
Key valuation signals for NLCP:
Current Ratio: 1.33 (35% below median its 10-year median of 2.06)
GF Value™: $14.85 vs. price of $15.75 (6% above fair value)
Industry Position: 38.5% above the REITs median (#292 of 743)
No single metric tells the full story. See the NLCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NewLake Capital Partners Inc is an internally managed real estate investment trust (REIT) focused on providing real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. Its tenants operate in the fast-growing cannabis industry.
83GF Score
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