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Quality Care Properties (Quality Care Properties) Current Ratio : 17.74 (As of Mar. 2018)


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What is Quality Care Properties 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. Quality Care Properties's current ratio for the quarter that ended in Mar. 2018 was 17.74.

Quality Care Properties has a current ratio of 17.74. 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 Quality Care Properties's Current Ratio or its related term are showing as below:

QCP's Current Ratio is not ranked *
in the REITs industry.
Industry Median: 1.02
* Ranked among companies with meaningful Current Ratio only.

Quality Care Properties Current Ratio Historical Data

The historical data trend for Quality Care Properties'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.

Quality Care Properties Current Ratio Chart

Quality Care Properties Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Current Ratio
- 66.41 1.18 3.72 11.43

Quality Care Properties Quarterly Data
Dec13 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 5.06 12.54 7.53 11.43 17.74

Competitive Comparison of Quality Care Properties's Current Ratio

For the REIT - Healthcare Facilities subindustry, Quality Care Properties'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.


Quality Care Properties's Current Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Quality Care Properties's Current Ratio falls into.



Quality Care Properties 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.

Quality Care Properties'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 )
=328.073/28.694
=11.43

Quality Care Properties's Current Ratio for the quarter that ended in Mar. 2018 is calculated as

Current Ratio (Q: Mar. 2018 )=Total Current Assets (Q: Mar. 2018 )/Total Current Liabilities (Q: Mar. 2018 )
=711.829/40.129
=17.74

* 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.


Quality Care Properties  (NYSE:QCP) 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.


Quality Care Properties Current Ratio Related Terms

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Quality Care Properties (Quality Care Properties) Business Description

Traded in Other Exchanges
N/A
Address
Quality Care Properties Inc is a self-managed and self-administered real estate investment trust. It is in the business of owning and leasing post-acute nursing properties and memory care living properties. The company derives revenues from the rent payable under the master lease. The company operates through a single reportable business segment, Triple net leased properties, in which the company leases properties to healthcare operating companies under triple net leases that obligate the tenants to pay all property related expenses.
Executives
Glenn Gary Cohen director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Donald C Wood director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
C Marc Richards officer: Chief Financial Officer 7315 WISCONSIN AVENUE, SUITE 250-W, BETHESDA MD 20814
Mark S Ordan director, officer: Director, Chief Exec. Officer 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814