London & Associated Properties (LSE:LAS) Quick Ratio: 0.33 (As of Jun. 2025) — 47% Below Median


What is London & Associated Properties Quick Ratio?

London & Associated Properties LSE:LAS +33.33% Quick Ratio is 0.33 as of Jun. 2025, which is 47% below its 10-year median of 0.62. The stock has 1 warning sign investors should review.

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. London & Associated Properties's quick ratio for the quarter that ended in Jun. 2025 was 0.33.

London & Associated Properties has a quick ratio of 0.33. It indicates that the company cannot currently fully pay back its current liabilities.

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

LSE:LAS' s Quick Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.62   Max: 2.97
Current: 0.33

During the past 13 years, London & Associated Properties's highest Quick Ratio was 2.97. The lowest was 0.33. And the median was 0.62.

LSE:LAS's Quick Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.84 vs LSE:LAS: 0.33

London & Associated Properties  (LSE:LAS) 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.


London & Associated Properties Quick Ratio Related Terms


London & Associated Properties Quick Ratio Historical Data

* Premium members only.

The historical data trend for London & Associated 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.

London & Associated Properties Quick Ratio Chart

London & Associated Properties 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 0.60 0.41 0.55 0.48 0.40

London & Associated Properties Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.48 0.48 0.43 0.40 0.33

LSE:LAS vs CBRE, CSGP, BEKE: Quick Ratio Comparison

For the Real Estate Services subindustry, London & Associated 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.


London & Associated Properties Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, London & Associated Properties's Quick Ratio distribution charts can be found below:

* The bar in red indicates where London & Associated Properties's Quick Ratio falls into.



London & Associated 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.

London & Associated Properties'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
=(23.129-12.373)/27.151
=0.40

London & Associated Properties's Quick Ratio for the quarter that ended in Jun. 2025 is calculated as

Quick Ratio (Q: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(21.745-12.669)/27.426
=0.33

* 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 0.33 mean?
London & Associated Properties (LSE:LAS) has a Quick Ratio of 0.33 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on London & Associated Properties and its competitors. This is 47% below median its historical median of 0.62. Over the past decade, London & Associated Properties' Quick Ratio has ranged from 0.33 to 2.97.
Is London & Associated Properties' Quick Ratio too high?
London & Associated Properties' current Quick Ratio of 0.33 is 47% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.97. The Real Estate industry median Quick Ratio is 0.84. London & Associated Properties' value of 0.33 is 60.7% below this industry median.
How does London & Associated Properties' Quick Ratio compare to CBRE and CSGP?
London & Associated Properties' Quick Ratio of 0.33 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.84. London & Associated Properties' value of 0.33 is 60.7% below this benchmark. Historically, London & Associated Properties' own Quick Ratio has ranged from 0.33 to 2.97 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.84, London & Associated Properties 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,792 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. London & Associated Properties's current Quick Ratio of 0.33 is 60.7% 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 London & Associated Properties and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London & Associated Properties's current Quick Ratio is 0.33, which is 47% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London & Associated Properties stock overvalued right now?
London & Associated Properties (LSE:LAS) has a current Quick Ratio of 0.33. The stock's GF Value™ is £0.10, compared to a current price of £0.04 — trading 60% below its estimated fair value. The current Quick Ratio is 0.33, which is 47% below median its 10-year median of 0.62 and 60.7% below the Real Estate industry median of 0.84. 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 London & Associated Properties (LSE:LAS), the current Quick Ratio is 0.33 as of Jun. 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.

London & Associated Properties Business Description

Address 12 Little Portland Street, 2nd Floor, London, GBR, W1W 8BJ
London & Associated Properties PLC is a property investment company specializing in retail. It directly owns a portfolio of shopping centres and other retail properties. The company also invests in joint ventures with institutional co-owners. Its business segments include LAP operations, Bisichi operations, which derive maximum revenue, and Dragon operations. LAP is focused on property activities, but it also holds and manages investments. Bisichi is a coal mining company with operations in South Africa and also holds investment property in the UK and derives income from property rentals. The Dragon Retail Property segment includes a property investment company and derives its income from property rentals. All the operations function through the UK region.