SELECT * FROM `stock_list` WHERE `symbol` = "CHTH" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='CHTH' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "CHTH" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 CHTH (CNL Healthcare Properties) Quick Ratio
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CNL Healthcare Properties Inc (OTCPK:CHTH) » Definitions » Quick Ratio

CNL Healthcare Properties (CNL Healthcare Properties) Quick Ratio : 0.10 (As of Dec. 2023)


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What is CNL Healthcare Properties 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. CNL Healthcare Properties's quick ratio for the quarter that ended in Dec. 2023 was 0.10.

CNL Healthcare Properties has a quick ratio of 0.10. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for CNL Healthcare Properties's Quick Ratio or its related term are showing as below:

CHTH' s Quick Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.22   Max: 1.05
Current: 0.1

During the past 11 years, CNL Healthcare Properties's highest Quick Ratio was 1.05. The lowest was 0.10. And the median was 0.22.

CHTH's Quick Ratio is ranked worse than
95.94% of 715 companies
in the REITs industry
Industry Median: 0.94 vs CHTH: 0.10

CNL Healthcare Properties Quick Ratio Historical Data

The historical data trend for CNL Healthcare Properties'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.

CNL Healthcare Properties Quick Ratio Chart

CNL Healthcare Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.25 0.12 0.13 0.10

CNL Healthcare Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.08 0.09 0.10 0.10

Competitive Comparison of CNL Healthcare Properties's Quick Ratio

For the REIT - Healthcare Facilities subindustry, CNL Healthcare Properties'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.


CNL Healthcare Properties's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CNL Healthcare Properties's Quick Ratio distribution charts can be found below:

* The bar in red indicates where CNL Healthcare Properties's Quick Ratio falls into.



CNL Healthcare Properties 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.

CNL Healthcare Properties's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(55.888-0)/574.454
=0.10

CNL Healthcare Properties's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(55.888-0)/574.454
=0.10

* 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.


CNL Healthcare Properties  (OTCPK:CHTH) 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.


CNL Healthcare Properties Quick Ratio Related Terms

Thank you for viewing the detailed overview of CNL Healthcare Properties's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CNL Healthcare Properties (CNL Healthcare Properties) Business Description

Traded in Other Exchanges
N/A
Address
450 South Orange Avenue, CNL Center at City Commons, Orlando, FL, USA, 32801
CNL Healthcare Properties Inc operates as a real estate investment trust. The company's real estate ownership consists of owning, managing, leasing, acquiring, developing, investing in, and as conditions warrant, disposing of real estate assets in the healthcare, office, retail, lifestyle, restaurant, hotel, and multifamily development sectors. Additionally, it focuses on acquiring properties in the senior housing, medical office, acute care, and post-acute care classes, including stabilized, value-add, and development properties, income-producing real estate, and real estate-related securities and loans.
Executives
John R. Mcrae officer: Senior Vice President 823 BRIGHTWATER CIRCLE, MAITLAND FL 32751
Tracey B. Bracco officer: See Remarks 450 S. ORANGE AVENUE, ORLANDO FL 32801
John F. Starr officer: See Remarks 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
L Burke Rainey officer: See Explanation of Responses 450 S. ORANGE AVENUE, ORLANDO FL 32801
Seneff James M Jr director CNL FINANCIAL GROUP, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Kevin R Maddron officer: See Remarks P.O. BOX 4920, ORLANDO FL 32802
J Chandler Martin director 2226 THETFORD COURT, CHARLOTTE NC 28211
Joseph T Johnson officer: SVP, CFO and Treasurer 200 S. ORANGE AVENUE, SUITE 2700, ORLANDO FL 32801
J Douglas Holladay director 7902 WESTPARK DR, C/O SUNRISE ASSISTED LIVING, MCLEAN VA 22102
Bruce Douglas director 450 SOUTH ORANGE AVENUE, 5TH FLOOR, ORLANDO FL 32801
Dennis N Folken director 450 SOUTH ORANGE AVENUE, 5TH FLOOR, ORLANDO FL 32801
Holly Greer officer: SVP, General Counsel and Secy 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Thomas Kent Sittema director P.O. BOX 4920, ORLANDO FL 32802
Stephen H Mauldin officer: President and CEO 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Ixchell Duarte officer: SVP, Chief Accounting Officer 450 S ORANGE AVE, ORLANDO FL 32801

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