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Stor-Age Property REIT (JSE:SSS) Current Ratio : 0.80 (As of Mar. 2025)


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What is Stor-Age Property REIT 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. Stor-Age Property REIT's current ratio for the quarter that ended in Mar. 2025 was 0.80.

Stor-Age Property REIT has a current ratio of 0.80. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Stor-Age Property REIT 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 Stor-Age Property REIT's Current Ratio or its related term are showing as below:

JSE:SSS' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.44   Max: 0.8
Current: 0.8

During the past 10 years, Stor-Age Property REIT's highest Current Ratio was 0.80. The lowest was 0.07. And the median was 0.44.

JSE:SSS's Current Ratio is ranked worse than
57.79% of 777 companies
in the REITs industry
Industry Median: 1.03 vs JSE:SSS: 0.80

Stor-Age Property REIT Current Ratio Historical Data

The historical data trend for Stor-Age Property REIT'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.

Stor-Age Property REIT Current Ratio Chart

Stor-Age Property REIT Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.49 0.64 0.55 0.80

Stor-Age Property REIT Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 0.64 0.25 0.55 0.60 0.80

Competitive Comparison of Stor-Age Property REIT's Current Ratio

For the REIT - Industrial subindustry, Stor-Age Property REIT'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.


Stor-Age Property REIT's Current Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Stor-Age Property REIT's Current Ratio distribution charts can be found below:

* The bar in red indicates where Stor-Age Property REIT's Current Ratio falls into.


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Stor-Age Property REIT 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.

Stor-Age Property REIT's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=512.722/640.725
=0.80

Stor-Age Property REIT's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=512.722/640.725
=0.80

* 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.


Stor-Age Property REIT  (JSE:SSS) 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.


Stor-Age Property REIT Current Ratio Related Terms

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Stor-Age Property REIT Business Description

Traded in Other Exchanges
N/A
Address
216 Main Road, Claremont, Cape Town, WC, ZAF, 7708
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.

Stor-Age Property REIT Headlines

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