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KFH Capital REIT (KUW:BAITAKREIT) Quick Ratio : 1.75 (As of Dec. 2024)


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What is KFH Capital REIT 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. KFH Capital REIT's quick ratio for the quarter that ended in Dec. 2024 was 1.75.

KFH Capital REIT has a quick ratio of 1.75. It generally indicates good short-term financial strength.

The historical rank and industry rank for KFH Capital REIT's Quick Ratio or its related term are showing as below:

KUW:BAITAKREIT' s Quick Ratio Range Over the Past 10 Years
Min: 1.55   Med: 1.9   Max: 2.04
Current: 1.75

During the past 5 years, KFH Capital REIT's highest Quick Ratio was 2.04. The lowest was 1.55. And the median was 1.90.

KUW:BAITAKREIT's Quick Ratio is ranked better than
70.13% of 770 companies
in the REITs industry
Industry Median: 0.915 vs KUW:BAITAKREIT: 1.75

KFH Capital REIT Quick Ratio Historical Data

The historical data trend for KFH Capital REIT'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.

KFH Capital REIT Quick Ratio Chart

KFH Capital REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
1.90 2.04 1.92 1.55 1.75

KFH Capital REIT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.55 1.63 1.91 1.69 1.75

Competitive Comparison of KFH Capital REIT's Quick Ratio

For the REIT - Diversified subindustry, KFH Capital REIT'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.


KFH Capital REIT's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KFH Capital REIT's Quick Ratio distribution charts can be found below:

* The bar in red indicates where KFH Capital REIT's Quick Ratio falls into.


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KFH Capital REIT 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.

KFH Capital REIT'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
=(1.756-0)/1.003
=1.75

KFH Capital REIT's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.756-0)/1.003
=1.75

* 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.


KFH Capital REIT  (KUW:BAITAKREIT) 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.


KFH Capital REIT Quick Ratio Related Terms

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KFH Capital REIT Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Safat Square Street, P.O Box 3946, Baitek Tower, Floor 23, 32, 33, Safat, KWT, 13040
KFH Capital REIT is an real estate investment company. The fund aims to provide attractive Real Estate opportunities for those wishing to invest in the Real Estate, by investing in all types of Real Estates (investment, commercial, industrial, craft) developed and income-generating within the State of Kuwait.

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