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Brookfield DTLA Fund Office Trust Investor (Brookfield DTLA Fund Office Trust Investor) Quick Ratio : 3.10 (As of Mar. 2019)


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What is Brookfield DTLA Fund Office Trust Investor 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. Brookfield DTLA Fund Office Trust Investor's quick ratio for the quarter that ended in Mar. 2019 was 3.10.

Brookfield DTLA Fund Office Trust Investor has a quick ratio of 3.10. It generally indicates good short-term financial strength.

The historical rank and industry rank for Brookfield DTLA Fund Office Trust Investor's Quick Ratio or its related term are showing as below:

DTLAP.PFD' s Quick Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.92   Max: 2.83
Current: 1.29

During the past 8 years, Brookfield DTLA Fund Office Trust Investor's highest Quick Ratio was 2.83. The lowest was 1.29. And the median was 1.92.

DTLAP.PFD's Quick Ratio is not ranked
in the REITs industry.
Industry Median: 0.94 vs DTLAP.PFD: 1.29

Brookfield DTLA Fund Office Trust Investor Quick Ratio Historical Data

The historical data trend for Brookfield DTLA Fund Office Trust Investor'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.

Brookfield DTLA Fund Office Trust Investor Quick Ratio Chart

Brookfield DTLA Fund Office Trust Investor Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Quick Ratio
Get a 7-Day Free Trial 2.80 1.78 2.09 2.61 4.58

Brookfield DTLA Fund Office Trust Investor Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 3.58 4.29 4.07 4.58 3.10

Competitive Comparison of Brookfield DTLA Fund Office Trust Investor's Quick Ratio

For the REIT - Office subindustry, Brookfield DTLA Fund Office Trust Investor'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.


Brookfield DTLA Fund Office Trust Investor's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Brookfield DTLA Fund Office Trust Investor's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield DTLA Fund Office Trust Investor's Quick Ratio falls into.



Brookfield DTLA Fund Office Trust Investor 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.

Brookfield DTLA Fund Office Trust Investor's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(309.424-0)/67.512
=4.58

Brookfield DTLA Fund Office Trust Investor's Quick Ratio for the quarter that ended in Mar. 2019 is calculated as

Quick Ratio (Q: Mar. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(230.71-0)/74.407
=3.10

* 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.


Brookfield DTLA Fund Office Trust Investor  (OTCPK:DTLAP.PFD) 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.


Brookfield DTLA Fund Office Trust Investor Quick Ratio Related Terms

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Brookfield DTLA Fund Office Trust Investor (Brookfield DTLA Fund Office Trust Investor) Business Description

Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, New York, NY, USA, 10281
Brookfield DTLA Fund Office Trust Investor Inc is engaged in the business of real-estate. Principally, it manages commercial office properties throughout the United States. The company operates through single segment namely Office segment which includes the operation and management of commercial office properties. In addition, it is also involved in short-term as well as longer-term leasing of properties.
Executives
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Craig Perry director 405 LEXINGTON AVENUE, 50TH FLOOR, NEW YORK NY 10174
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Robert M Deutschman director
Edward James Ratinoff director 12777 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Mitchell E. Rudin director, officer: See Remarks C/O BROOKFIELD DTLA FD OFF TR INV INC., 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Bryan K. Davis director, officer: Chief Financial Officer C/O BROOKFIELD DTLA FD OFF TR INV INC. 250 VESEY STREET, 15TH FLOOR NEW YORK NY 10281

Brookfield DTLA Fund Office Trust Investor (Brookfield DTLA Fund Office Trust Investor) Headlines

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