Accelerate Property Fund (JSE:APF) Quick Ratio: 0.58 (As of Sep. 2025) — 41% Above Median


JSE:APF Accelerate Property Fund Ltd JSE:APF
30 GF Score
Price R0.53
GF Value R0.37
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Accelerate Property Fund Quick Ratio?

Accelerate Property Fund JSE:APF 30 Quick Ratio is 0.58 as of Sep. 2025, which is 41% above its 10-year median of 0.41. GuruFocus rates JSE:APF with a GF Score™ of 30/100 and a GF Value™ of R0.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 760 REITs companies, Accelerate Property Fund ranks worse than 64.61% on this metric.

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. Accelerate Property Fund's quick ratio for the quarter that ended in Sep. 2025 was 0.58.

Accelerate Property Fund has a quick ratio of 0.58. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Accelerate Property Fund's Quick Ratio or its related term are showing as below:

JSE:APF' s Quick Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.41   Max: 0.75
Current: 0.58

During the past 13 years, Accelerate Property Fund's highest Quick Ratio was 0.75. The lowest was 0.09. And the median was 0.41.

JSE:APF's Quick Ratio is ranked worse than
64.61% of 760 companies
in the REITs industry
Industry Median: 0.87 vs JSE:APF: 0.58

Accelerate Property Fund  (JSE:APF) 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.


Accelerate Property Fund Quick Ratio Related Terms


Accelerate Property Fund Quick Ratio Historical Data

* Premium members only.

The historical data trend for Accelerate Property Fund'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.

Accelerate Property Fund Quick Ratio Chart

Accelerate Property Fund Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.75 0.38 0.27 0.09

Accelerate Property Fund Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.45 0.27 0.26 0.09 0.58

JSE:APF vs SPG, O, KIM: Quick Ratio Comparison

For the REIT - Retail subindustry, Accelerate Property Fund'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.


Accelerate Property Fund Quick Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Accelerate Property Fund's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Accelerate Property Fund's Quick Ratio falls into.


JSE:APF
30GF Score
Accelerate Property Fund Ltd JSE:APF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Property Fund 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.

Accelerate Property Fund's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(115.398-0)/1294.156
=0.09

Accelerate Property Fund's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(238.121-0)/412.266
=0.58

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.58 mean?
Accelerate Property Fund (JSE:APF) has a Quick Ratio of 0.58 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Accelerate Property Fund and its competitors. This is 41% above median its historical median of 0.41. Over the past decade, Accelerate Property Fund's Quick Ratio has ranged from 0.09 to 0.75. According to the industry distribution chart, Accelerate Property Fund ranks #491 out of 760 companies in the REITs industry, placing it in the top 64.6%.
Is Accelerate Property Fund's Quick Ratio too high?
Accelerate Property Fund's current Quick Ratio of 0.58 is 41% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.75. The REITs industry median Quick Ratio is 0.87. Accelerate Property Fund's value of 0.58 is 33.3% below this industry median. Based on the distribution chart, Accelerate Property Fund ranks #491 out of 760 companies in the REITs industry, which is below the industry midpoint. Overall, Accelerate Property Fund has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's Quick Ratio compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #491 out of 760 companies for Quick Ratio. This places Accelerate Property Fund in the lower half of its industry. The industry median Quick Ratio is 0.87. Accelerate Property Fund's value of 0.58 is 33.3% below this benchmark. Historically, Accelerate Property Fund's own Quick Ratio has ranged from 0.09 to 0.75 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.87, Accelerate Property Fund has consistently been below 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 0.87, based on 760 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. Accelerate Property Fund's current Quick Ratio of 0.58 is 33.3% below 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 Accelerate Property Fund and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current Quick Ratio is 0.58, which is 41% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Accelerate Property Fund (JSE:APF) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.37, compared to a current price of R0.53 — trading 43.2% above its estimated fair value. The current Quick Ratio is 0.58, which is 41% above median its 10-year median of 0.41 and 33.3% below the REITs industry median of 0.87. Accelerate Property Fund's overall GF Score™ is 30/100 with 5 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 Accelerate Property Fund (JSE:APF), the current Quick Ratio is 0.58 as of Sep. 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.

Is Accelerate Property Fund (JSE:APF) Overvalued in 2026?

Based on GuruFocus' analysis, Accelerate Property Fund stock appears to be overvalued. The current stock price of R0.53 is trading 43.2% above its estimated GF Value™ of R0.37. GuruFocus considers Accelerate Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:APF:

  • Quick Ratio: 0.58 (41% above median its 10-year median of 0.41)
  • GF Value™: R0.37 vs. price of R0.53 (43.2% above fair value)
  • GF Score™: 30/100 with 5 warning signs
  • Industry Position: 33.3% below the REITs median (#491 of 760)

No single metric tells the full story. See the JSE:APF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accelerate Property Fund Business Description

Industry Real EstateREITs
Address 1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. Commercial segment acquires develops and leases offices. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.
30GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.53
Price
R0.37
GF Value