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Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT-F) Quick Ratio : 1.17 (As of Mar. 2025)


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What is Sub Sri Thai Real Estate Investment Trust Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Sub Sri Thai Real Estate Investment Trust's quick ratio for the quarter that ended in Mar. 2025 was 1.17.

Sub Sri Thai Real Estate Investment Trust has a quick ratio of 1.17. It generally indicates good short-term financial strength.

The historical rank and industry rank for Sub Sri Thai Real Estate Investment Trust's Quick Ratio or its related term are showing as below:

BKK:SSTRT-F' s Quick Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.48   Max: 2.49
Current: 1.17

During the past 11 years, Sub Sri Thai Real Estate Investment Trust's highest Quick Ratio was 2.49. The lowest was 0.71. And the median was 1.48.

BKK:SSTRT-F's Quick Ratio is ranked better than
56.38% of 768 companies
in the REITs industry
Industry Median: 0.95 vs BKK:SSTRT-F: 1.17

Sub Sri Thai Real Estate Investment Trust Quick Ratio Historical Data

The historical data trend for Sub Sri Thai Real Estate Investment Trust's Quick 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.

Sub Sri Thai Real Estate Investment Trust Quick Ratio Chart

Sub Sri Thai Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.56 1.47 1.44 1.45

Sub Sri Thai Real Estate Investment Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Quick 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 1.14 1.42 1.15 1.45 1.17

Competitive Comparison of Sub Sri Thai Real Estate Investment Trust's Quick Ratio

For the REIT - Industrial subindustry, Sub Sri Thai Real Estate Investment Trust'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.


Sub Sri Thai Real Estate Investment Trust's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sub Sri Thai Real Estate Investment Trust's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Sub Sri Thai Real Estate Investment Trust's Quick Ratio falls into.


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Sub Sri Thai Real Estate Investment Trust 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.

Sub Sri Thai Real Estate Investment Trust's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(129.617-0)/89.451
=1.45

Sub Sri Thai Real Estate Investment Trust's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(98.439-0)/84.276
=1.17

* 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.


Sub Sri Thai Real Estate Investment Trust  (BKK:SSTRT-F) 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.


Sub Sri Thai Real Estate Investment Trust Quick Ratio Related Terms

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Sub Sri Thai Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
Soi Pattanakarn 20, 206, Plaza Building, 4th Floor, Suan Luang Sub-District, Bangkok, THA, 10250
Sub Sri Thai Real Estate Investment Trust is a closed end property fund. The company's objective is to raise funds from general investors and to use the proceeds from fundraising for investing in real estate or leasehold in real estate and the assets which are parts or accessories of such real estates.

Sub Sri Thai Real Estate Investment Trust Headlines

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