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Brookfield Office Properties (FRA:BKF) Current Ratio : 0.28 (As of Mar. 2016)


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What is Brookfield Office Properties 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. Brookfield Office Properties's current ratio for the quarter that ended in Mar. 2016 was 0.28.

Brookfield Office Properties has a current ratio of 0.28. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Brookfield Office Properties 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 Brookfield Office Properties's Current Ratio or its related term are showing as below:

FRA:BKF' s Current Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.63   Max: 2.03
Current: 0.28

During the past 13 years, Brookfield Office Properties's highest Current Ratio was 2.03. The lowest was 0.10. And the median was 0.63.

FRA:BKF's Current Ratio is not ranked
in the Real Estate industry.
Industry Median: 1.62 vs FRA:BKF: 0.28

Brookfield Office Properties Current Ratio Historical Data

The historical data trend for Brookfield Office Properties'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.

Brookfield Office Properties Current Ratio Chart

Brookfield Office Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.38 0.37 0.71 0.25

Brookfield Office Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.63 0.30 0.22 0.25 0.28

Competitive Comparison of Brookfield Office Properties's Current Ratio

For the Real Estate Services subindustry, Brookfield Office Properties'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.


Brookfield Office Properties's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Brookfield Office Properties's Current Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield Office Properties's Current Ratio falls into.



Brookfield Office Properties 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.

Brookfield Office Properties's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )=Total Current Assets (A: Dec. 2015 )/Total Current Liabilities (A: Dec. 2015 )
=1344.87/5328.99
=0.25

Brookfield Office Properties's Current Ratio for the quarter that ended in Mar. 2016 is calculated as

Current Ratio (Q: Mar. 2016 )=Total Current Assets (Q: Mar. 2016 )/Total Current Liabilities (Q: Mar. 2016 )
=1240.138/4370.566
=0.28

* 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.


Brookfield Office Properties  (FRA:BKF) 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.


Brookfield Office Properties Current Ratio Related Terms

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Brookfield Office Properties (FRA:BKF) Business Description

Address
181 Bay Street, Suite 330, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

Brookfield Office Properties (FRA:BKF) Headlines