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Selectome REIT (Selectome REIT) Current Ratio : 1.45 (As of Sep. 2018)


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What is Selectome 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. Selectome REIT's current ratio for the quarter that ended in Sep. 2018 was 1.45.

Selectome REIT has a current ratio of 1.45. It generally indicates good short-term financial strength.

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

SIR's Current Ratio is not ranked *
in the REITs industry.
Industry Median: 1.015
* Ranked among companies with meaningful Current Ratio only.

Selectome REIT Current Ratio Historical Data

The historical data trend for Selectome 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.

Selectome REIT Current Ratio Chart

Selectome REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Current Ratio
Get a 7-Day Free Trial Premium Member Only 3.27 4.01 1.08 1.38 6.03

Selectome REIT Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 1.45 6.03 1.77 1.40 1.45

Competitive Comparison of Selectome REIT's Current Ratio

For the REIT - Diversified subindustry, Selectome 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.


Selectome REIT's Current Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Selectome REIT's Current Ratio falls into.



Selectome 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.

Selectome REIT's Current Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Current Ratio (A: Dec. 2017 )=Total Current Assets (A: Dec. 2017 )/Total Current Liabilities (A: Dec. 2017 )
=792.398/131.358
=6.03

Selectome REIT's Current Ratio for the quarter that ended in Sep. 2018 is calculated as

Current Ratio (Q: Sep. 2018 )=Total Current Assets (Q: Sep. 2018 )/Total Current Liabilities (Q: Sep. 2018 )
=173.316/119.375
=1.45

* 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.


Selectome REIT  (NAS:SIR) 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.


Selectome REIT Current Ratio Related Terms

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Selectome REIT (Selectome REIT) Business Description

Traded in Other Exchanges
N/A
Address
Select Income REIT owns and invests in land and properties that are primarily net leased to single tenants. The company owns hundreds of buildings, leasable land parcels, and easements throughout most of the United States, with an emphasis on industrial land ownership in Hawaii, and which collectively adds up to tens of millions of square feet. The company generally leases properties that collectively are strategically important to tenants to prompt renewal or extension of leases. Other acquisition criteria include both the historic and projected rents received and likely received from the property, and the quality, experience, and creditworthiness of the property's tenant. The company's primary source of revenue is rental income.
Executives
Adam D. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Jeffrey P. Somers director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Donna D. Fraiche director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Jeffrey C. Leer officer: CFO and Treasurer C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
David M Blackman director, officer: President and CEO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
William A. Lamkin director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John C. Popeo officer: CFO and Treasurer C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Barry M. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Abp Trust 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Rmr Group Llc 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Government Properties Income Trust 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Reit Commonwealth 10 percent owner TWO NORTH RIVERSIDE PLAZA, SUITE 2000, CHICAGO IL 60606