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Newmark Group Current Ratio

: 1.06 (As of Jun. 2022)
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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. Newmark Group's current ratio for the quarter that ended in Jun. 2022 was 1.06.

Newmark Group has a current ratio of 1.06. It generally indicates good short-term financial strength.

The historical rank and industry rank for Newmark Group's Current Ratio or its related term are showing as below:

NMRK' s Current Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.06   Max: 1.32
Current: 1.06

During the past 7 years, Newmark Group's highest Current Ratio was 1.32. The lowest was 0.97. And the median was 1.06.

NMRK's Current Ratio is ranked worse than
76.23% of 1788 companies
in the Real Estate industry
Industry Median: 1.72 vs NMRK: 1.06

Newmark Group Current Ratio Historical Data

The historical data trend for Newmark Group'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.

Newmark Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Ratio
Premium Member Only Premium Member Only 1.05 1.06 1.03 1.07 1.15

Newmark Group Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Current Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.32 1.13 1.15 1.19 1.06

Competitive Comparison

For the Real Estate Services subindustry, Newmark Group'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.

   

Newmark Group Current Ratio Distribution

For the Real Estate industry and Real Estate sector, Newmark Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Newmark Group's Current Ratio falls into.



Newmark Group 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.

Newmark Group's Current Ratio for the fiscal year that ended in Dec. 2021

Current Ratio (A: Dec. 2021 )=Total Current Assets (A: Dec. 2021 )/Total Current Liabilities (A: Dec. 2021 )
=2524.353/2192.741
=1.15

Newmark Group's Current Ratio for the quarter that ended in Jun. 2022 is calculated as

Current Ratio (Q: Jun. 2022 )=Total Current Assets (Q: Jun. 2022 )/Total Current Liabilities (Q: Jun. 2022 )
=1800.174/1692.465
=1.06

* 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.


Newmark Group  (NAS:NMRK) 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.


Newmark Group Current Ratio Related Terms

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Newmark Group Business Description

Newmark Group logo
Traded in Other Exchanges
Address
125 Park Avenue, New York, NY, USA, 10017
Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's global clients including many Fortune 500 and Forbes Global 2000 companies, owner-occupiers, government agencies, healthcare and higher education clients.
Executives
Mcintyre Kenneth A Jr director C/O HUDSON CITY BANCORP, INC. WEST 80 CENTURY ROAD PARAMUS NJ 07652
Merkel Stephen M officer: EVP, Chief Legal Officer C/O BGC PARTNERS, INC. 499 PARK AVENUE NEW YORK NY 10022
Lutnick Howard W director, 10 percent owner, officer: Chairman
Cantor Fitzgerald, L. P. director, 10 percent owner 110 EAST 59TH STREET NEW YORK NY 10022
Cf Group Management Inc director, 10 percent owner 135 EAST 57TH ST NEW YORK NY 10022
Snow Michael director C/O GFI GROUP INC. 55 WATER STREET NEW YORK NY 10041
Bgc Partners, Inc. director, 10 percent owner 499 PARK AVENUE NEW YORK NY 10022
Bauer Virginia S director C/O NEWMARK GROUP, INC. 125 PARK AVENUE NEW YORK NY 10022
Cervinka Peter F director C/O NEWMARK GROUP, INC. 125 PARK AVENUE NEW YORK NY 10022
Gosin Barry M officer: Chief Executive Officer C/O ESPEED, INC. 110 EAST 59TH STREET NEW YORK NY 10022
Rispoli Michael J. officer: Chief Financial Officer C/O NNN 2003 VALUE FUND, LLC 1551 N. TUSTIN AVENUE, SUITE 200 SANTA ANA CA 92705
Dalton John H director 50 OLD WEBSTER ROAD OXFORD MA 01540
Ficarro James R director, officer: Chief Operating Officer C/O NEWMARK GROUP, INC. 125 PARK AVENUE NEW YORK NY 10017

Newmark Group Headlines

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