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Radius Global Infrastructure (Radius Global Infrastructure) Current Ratio : 3.16 (As of Jun. 2023)


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What is Radius Global Infrastructure 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. Radius Global Infrastructure's current ratio for the quarter that ended in Jun. 2023 was 3.16.

Radius Global Infrastructure has a current ratio of 3.16. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Radius Global Infrastructure's Current Ratio or its related term are showing as below:

RADI' s Current Ratio Range Over the Past 10 Years
Min: 0.81   Med: 3.16   Max: 6.92
Current: 3.16

During the past 4 years, Radius Global Infrastructure's highest Current Ratio was 6.92. The lowest was 0.81. And the median was 3.16.

RADI's Current Ratio is not ranked
in the Real Estate industry.
Industry Median: 1.62 vs RADI: 3.16

Radius Global Infrastructure Current Ratio Historical Data

The historical data trend for Radius Global Infrastructure'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.

Radius Global Infrastructure Current Ratio Chart

Radius Global Infrastructure Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Current Ratio
0.81 1.92 6.42 3.06

Radius Global Infrastructure Quarterly Data
Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 6.01 4.91 3.06 2.84 3.16

Competitive Comparison of Radius Global Infrastructure's Current Ratio

For the Real Estate Services subindustry, Radius Global Infrastructure'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.


Radius Global Infrastructure's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radius Global Infrastructure's Current Ratio distribution charts can be found below:

* The bar in red indicates where Radius Global Infrastructure's Current Ratio falls into.



Radius Global Infrastructure 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.

Radius Global Infrastructure's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=302.407/98.882
=3.06

Radius Global Infrastructure's Current Ratio for the quarter that ended in Jun. 2023 is calculated as

Current Ratio (Q: Jun. 2023 )=Total Current Assets (Q: Jun. 2023 )/Total Current Liabilities (Q: Jun. 2023 )
=344.33/109.068
=3.16

* 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.


Radius Global Infrastructure  (NAS:RADI) 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.


Radius Global Infrastructure Current Ratio Related Terms

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Radius Global Infrastructure (Radius Global Infrastructure) Business Description

Traded in Other Exchanges
N/A
Address
3 Bala Plaza East, Suite 502, Bala Cynwyd, PA, USA, 19004
Radius Global Infrastructure Inc is an international aggregator of rental streams underlying wireless and other communication-related sites through the acquisition of real property interests and contractual rights. The company purchases for a lump sum, the right to receive future rental payments generated pursuant to an existing ground lease or rooftop lease between a property owner and an owner of a wireless tower or antennae.
Executives
Richard I Goldstein officer: Chief Operating Officer C/O INTELLON CORPORATION, 5955 T.G. LEE BLVD., SUITE 600, ORLANDO FL 32822
Dkldo V Trading Subsidiary Lp 10 percent owner CAYMAN CORPORATE CENTRE, 27 HOSPITAL ROAD, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Daniel S Loeb 10 percent owner THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Ashley Leeds director 36 WEST 12TH STREET, NEW YORK NY 10011
Dkldo Iv Trading Subsidiary Lp 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Noam Gottesman director C/O TOMS CAPITAL LLC, 450 WEST 14TH STREET, 13TH FLOOR, NEW YORK NY 10014
Thomas C. King director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Centerbridge Special Credit Partners Iii, L.p. 10 percent owner 375 PARK AVENUE, 12TH AVENUE, NEW YORK NY 10152
Centerbridge Partners Real Estate Fund, L.p. 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Gary Tomeo officer: Chief Accounting Officer 3 BALA PLAZA EAST, SUITE 502, BALA CYNWYD PA 19004
Glenn J. Breisinger officer: See Remarks 3 BALA PLAZA EAST, SUITE 502, BALA CYNWYD PA 19004
Jay L. Birnbaum officer: See Remarks 3 BALA PLAZA EAST, SUITE 502, BALA CYNWYD PA 19004
Nick S. Advani director 3 BALA PLAZA EAST, SUITE 502, BALA CYNWYD PA 19004
Centerbridge Partners Real Estate Fund Sbs, L.p. 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Centerbridge Special Credit Partners General Partner Iii, L.p. 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152

Radius Global Infrastructure (Radius Global Infrastructure) Headlines

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