What is Healthcare Trust of America 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. Healthcare Trust of America's current ratio for the quarter that ended in Mar. 2022 was 1.56.
Healthcare Trust of America has a current ratio of 1.56. It generally indicates good short-term financial strength.
The historical rank and industry rank for Healthcare Trust of America's Current Ratio or its related term are showing as below:
HTA'
s Current Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.51 Max: 6.92
Current: 1.56
During the past 13 years, Healthcare Trust of America's highest Current Ratio was 6.92. The lowest was 0.39. And the median was 1.51.
HTA's Current Ratio is not ranked
in the REITs industry.
Industry Median: 1.02
vs HTA: 1.56
Healthcare Trust of America 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.
Competitive Comparison of Healthcare Trust of America's Current Ratio
For the REIT - Healthcare Facilities subindustry, Healthcare Trust of America'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.
Healthcare Trust of America's Current Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Healthcare Trust of America's Current Ratio distribution charts can be found below:
* The bar in red indicates where Healthcare Trust of America's Current Ratio falls into.
Healthcare Trust of America 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.
* 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.
Healthcare Trust of America (NYSE:HTA) 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.
Healthcare Trust of America Current Ratio Related Terms
Thank you for viewing the detailed overview of Healthcare Trust of America's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Healthcare Trust of America (Healthcare Trust of America) Business Description
Healthcare Trust of America Inc is a healthcare facility REIT. The company operates one segment, which engages in acquiring and operating medical office buildings. The company generates all of its revenue in the United States. It relies on its in-house leasing platform in order to generate scale, maximize expense efficiency, and build tenant relationships. Its strategy focuses on stable cash flows with relatively low vacancy risk, with consideration of merger and acquisition investment to supplement its operational growth strategy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HTA has been successfully added to your 