Essex Property Trust has a quick ratio of 0.74. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Essex Property Trust's Quick Ratio or its related term are showing as below:
MEX:ESS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.91 Max: 2.06
Current: 0.74
During the past 13 years, Essex Property Trust's highest Quick Ratio was 2.06. The lowest was 0.38. And the median was 0.91.
MEX:ESS's Quick Ratio is ranked worse than 56.37% of 761
companies
in the REITs industry
Industry Median: 0.87
vs MEX:ESS: 0.74
Essex Property Trust (MEX:ESS) 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.
Essex Property Trust Quick Ratio Related Terms
Essex Property Trust Quick Ratio Historical Data
* Premium members only.
The historical data trend for Essex Property Trust'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.
For the REIT - Residential subindustry, Essex Property Trust'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.
Essex Property Trust Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Essex Property Trust's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Essex Property Trust's Quick Ratio falls into.
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.
Essex Property Trust's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Essex Property Trust (MEX:ESS) has a Quick Ratio of 0.74 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Essex Property Trust and its competitors. This is 19% below median its historical median of 0.91. Over the past decade, Essex Property Trust's Quick Ratio has ranged from 0.38 to 2.06. According to the industry distribution chart, Essex Property Trust ranks #429 out of 761 companies in the REITs industry, placing it in the top 56.4%.
Is Essex Property Trust's Quick Ratio too high?
Essex Property Trust's current Quick Ratio of 0.74 is 19% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.06. The REITs industry median Quick Ratio is 0.87. Essex Property Trust's value of 0.74 is 14.9% below this industry median. Based on the distribution chart, Essex Property Trust ranks #429 out of 761 companies in the REITs industry, which is below the industry midpoint. Overall, Essex Property Trust has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Essex Property Trust's Quick Ratio compare to INVH and SUI?
According to the REITs industry distribution chart, Essex Property Trust ranks #429 out of 761 companies for Quick Ratio. This places Essex Property Trust in the lower half of its industry. The industry median Quick Ratio is 0.87. Essex Property Trust's value of 0.74 is 14.9% below this benchmark. Historically, Essex Property Trust's own Quick Ratio has ranged from 0.38 to 2.06 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.87, Essex Property Trust 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 761 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. Essex Property Trust's current Quick Ratio of 0.74 is 14.9% 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 Essex Property Trust 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. Essex Property Trust's current Quick Ratio is 0.74, which is 19% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essex Property Trust stock overvalued right now?
Essex Property Trust (MEX:ESS) has a current Quick Ratio of 0.74. The stock's GF Value™ is MXN4,039.24, compared to a current price of MXN4,081.12 — trading 1% above its estimated fair value. The current Quick Ratio is 0.74, which is 19% below median its 10-year median of 0.91 and 14.9% below the REITs industry median of 0.87. Essex Property Trust's overall GF Score™ is 78/100 with 11 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 Essex Property Trust (MEX:ESS), the current Quick Ratio is 0.74 as of Mar. 2026. 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 Essex Property Trust (MEX:ESS) Overvalued in 2026?
Based on GuruFocus' analysis, Essex Property Trust stock appears to be overvalued.
The current stock price of MXN4,081.12 is trading 1% above its estimated GF Value™ of MXN4,039.24.
Key valuation signals for MEX:ESS:
Quick Ratio: 0.74 (19% below median its 10-year median of 0.91)
GF Value™: MXN4,039.24 vs. price of MXN4,081.12 (1% above fair value)
Industry Position: 14.9% below the REITs median (#429 of 761)
No single metric tells the full story. See the MEX:ESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Essex Property Trust owns a portfolio of 259 apartment communities with over 63,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
78GF Score
Get the complete analysis for MEX:ESS
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