ATH:NOVAL's Quick Ratio is ranked better than 84.52% of 756
companies
in the REITs industry
Industry Median: 0.875
vs ATH:NOVAL: 3.52
Noval Property Real Estate Investment Co (ATH:NOVAL) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Noval Property Real Estate Investment Co Quick Ratio Related Terms
Noval Property Real Estate Investment Co Quick Ratio Historical Data
* 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.
Noval Property Real Estate Investment Co Quick Ratio Chart
Noval Property Real Estate Investment Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Quick Ratio
2.12
5.18
3.19
3.08
3.52
Noval Property Real Estate Investment Co Semi-Annual Data
ATH:NOVAL vs VICI, WPC, BNL: Quick Ratio Comparison
For the REIT - Diversified subindustry, Noval Property Real Estate Investment Co's Quick Ratio, along with its competitors' market caps and Quick 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.
Noval Property Real Estate Investment Co Quick Ratio vs REITs Industry
Noval Property Real Estate Investment Co Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* 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.
Noval Property Real Estate Investment Co (ATH:NOVAL) has a Quick Ratio of 3.52 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Noval Property Real Estate Investment Co and its competitors. This is 10% above median its historical median of 3.19. Over the past decade, Noval Property Real Estate Investment Co's Quick Ratio has ranged from 2.12 to 5.18. According to the industry distribution chart, Noval Property Real Estate Investment Co ranks #117 out of 756 companies in the REITs industry, placing it in the top 15.5%.
Is Noval Property Real Estate Investment Co's Quick Ratio too high?
Noval Property Real Estate Investment Co's current Quick Ratio of 3.52 is 10% above median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 5.18. The REITs industry median Quick Ratio is 0.88. Noval Property Real Estate Investment Co's value of 3.52 is 302.3% above this industry median. Based on the distribution chart, Noval Property Real Estate Investment Co ranks #117 out of 756 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Noval Property Real Estate Investment Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Noval Property Real Estate Investment Co's Quick Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Noval Property Real Estate Investment Co ranks #117 out of 756 companies for Quick Ratio. This places Noval Property Real Estate Investment Co in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.88. Noval Property Real Estate Investment Co's value of 3.52 is 302.3% above this benchmark. Historically, Noval Property Real Estate Investment Co's own Quick Ratio has ranged from 2.12 to 5.18 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 0.88, Noval Property Real Estate Investment Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.88, based on 756 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noval Property Real Estate Investment Co's current Quick Ratio of 3.52 is 302.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Noval Property Real Estate Investment Co and its competitors. For the REITs industry, the median Quick Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noval Property Real Estate Investment Co's current Quick Ratio is 3.52, which is 10% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noval Property Real Estate Investment Co stock overvalued right now?
Noval Property Real Estate Investment Co (ATH:NOVAL) has a current Quick Ratio of 3.52. The current Quick Ratio is 3.52, which is 10% above median its 10-year median of 3.19 and 302.3% above the REITs industry median of 0.88. Noval Property Real Estate Investment Co's overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Noval Property Real Estate Investment Co (ATH:NOVAL), the current Quick Ratio is 3.52 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Noval Property Real Estate Investment Co Business Description
Noval Property Real Estate Investment Co is a well-diversified Real Estate Investment Company (REIC) engaged in sourcing, evaluating, and acquiring attractive investment opportunities mainly in the Greek real estate market. The company's investment portfolio includes various real estate properties comprising office buildings, commercial spaces, retail stores, hospitality properties, logistics, industrial buildings, and warehouses, as well as land and buildings for future development. Its operating segments are Retail, which derives maximum revenue, Offices, Industrial properties, Hospitality, and Other. Geographically, the company derives a majority of its revenue from Greece in the form of rental income, and the rest from Bulgaria.
17GF Score
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