Net Lease Office Properties has a quick ratio of 1.18. It generally indicates good short-term financial strength.
The historical rank and industry rank for Net Lease Office Properties's Quick Ratio or its related term are showing as below:
NLOP'
s Quick Ratio Range Over the Past 10 Years
Min: 0.09 Med: 1.17 Max: 1.98
Current: 1.18
During the past 7 years, Net Lease Office Properties's highest Quick Ratio was 1.98. The lowest was 0.09. And the median was 1.17.
NLOP's Quick Ratio is ranked better than 60.26% of 760
companies
in the REITs industry
Industry Median: 0.87
vs NLOP: 1.18
Net Lease Office Properties (NYSE:NLOP) 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.
Net Lease Office Properties Quick Ratio Related Terms
Net Lease Office Properties Quick Ratio Historical Data
* 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 - Office subindustry, Net Lease Office 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.
Net Lease Office Properties Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Net Lease Office Properties's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Net Lease Office Properties's Quick Ratio falls into.
Net Lease Office 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.
* 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.
Net Lease Office Properties (NLOP) has a Quick Ratio of 1.18 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Net Lease Office Properties and its competitors. This is near median its historical median of 1.17. Over the past decade, Net Lease Office Properties' Quick Ratio has ranged from 0.09 to 1.98. According to the industry distribution chart, Net Lease Office Properties ranks #302 out of 760 companies in the REITs industry, placing it in the top 39.7%.
Is Net Lease Office Properties' Quick Ratio too high?
Net Lease Office Properties' current Quick Ratio of 1.18 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 1.98. The REITs industry median Quick Ratio is 0.87. Net Lease Office Properties' value of 1.18 is 35.6% above this industry median. Based on the distribution chart, Net Lease Office Properties ranks #302 out of 760 companies in the REITs industry, which is above the industry midpoint. Overall, Net Lease Office Properties has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Net Lease Office Properties' Quick Ratio compare to ONL and FSP?
According to the REITs industry distribution chart, Net Lease Office Properties ranks #302 out of 760 companies for Quick Ratio. This puts Net Lease Office Properties in the upper half of its industry. The industry median Quick Ratio is 0.87. Net Lease Office Properties' value of 1.18 is 35.6% above this benchmark. Historically, Net Lease Office Properties' own Quick Ratio has ranged from 0.09 to 1.98 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.87, Net Lease Office Properties has consistently been above 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. Net Lease Office Properties's current Quick Ratio of 1.18 is 35.6% above 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 Net Lease Office Properties 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. Net Lease Office Properties's current Quick Ratio is 1.18, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Lease Office Properties stock overvalued right now?
Based on GuruFocus' analysis, Net Lease Office Properties (NLOP) is currently considered Possible Value Trap. The stock's GF Value™ is $16.67, compared to a current price of $11.36 — trading 31.9% below its estimated fair value. The current Quick Ratio is 1.18, which is near median its 10-year median of 1.17 and 35.6% above the REITs industry median of 0.87. Net Lease Office Properties' overall GF Score™ is 42/100 with 6 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 Net Lease Office Properties (NLOP), the current Quick Ratio is 1.18 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 Net Lease Office Properties (NLOP) Overvalued in 2026?
Based on GuruFocus' analysis, Net Lease Office Properties stock appears to be undervalued.
The current stock price of $11.36 is trading 31.9% below its estimated GF Value™ of $16.67.
GuruFocus considers Net Lease Office Properties to be Possible Value Trap.
Key valuation signals for NLOP:
Quick Ratio: 1.18 (near median its 10-year median of 1.17)
GF Value™: $16.67 vs. price of $11.36 (31.9% below fair value)
Industry Position: 35.6% above the REITs median (#302 of 760)
No single metric tells the full story. See the NLOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Net Lease Office Properties is a Maryland real estate investment trust that, together with its consolidated subsidiaries, owns, operates, and finances a diversified portfolio of office properties mainly leased to corporate tenants on a single-tenant, net-lease basis. The company operates as a single operating and reportable segment focused on owning and managing office properties that generate revenue mainly from long-term lease agreements with tenants.
42GF Score
Get the complete analysis for NLOP
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