OGCP (Empire State Realty OP LP) Quick Ratio: 0.69 (As of Mar. 2026) — 47% Below Median


OGCP Empire State Realty OP LP OGCP
60 GF Score
Price $5.75
GF Value $8.91
Valuation Possible Value Trap
! 6 Warning Signs
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What is Empire State Realty OP LP Quick Ratio?

Empire State Realty OP LP OGCP 60 Quick Ratio is 0.69 as of Mar. 2026, which is 47% below its 10-year median of 1.31. GuruFocus rates OGCP with a GF Score™ of 60/100 and a GF Value™ of $8.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 760 REITs companies, Empire State Realty OP LP ranks worse than 58.95% 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. Empire State Realty OP LP's quick ratio for the quarter that ended in Mar. 2026 was 0.69.

Empire State Realty OP LP has a quick ratio of 0.69. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Empire State Realty OP LP's Quick Ratio or its related term are showing as below:

OGCP' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.31   Max: 2.02
Current: 0.69

During the past 13 years, Empire State Realty OP LP's highest Quick Ratio was 2.02. The lowest was 0.24. And the median was 1.31.

OGCP's Quick Ratio is ranked worse than
58.95% of 760 companies
in the REITs industry
Industry Median: 0.87 vs OGCP: 0.69

Empire State Realty OP LP  (ARCA:OGCP) 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.


Empire State Realty OP LP Quick Ratio Related Terms


Empire State Realty OP LP Quick Ratio Historical Data

* Premium members only.

The historical data trend for Empire State Realty OP LP'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.

Empire State Realty OP LP Quick Ratio Chart

Empire State Realty OP LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.23 1.34 1.59 0.71

Empire State Realty OP LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.20 1.05 1.18 0.71 0.69

OGCP vs DEI, DEA, PDM: Quick Ratio Comparison

For the REIT - Office subindustry, Empire State Realty OP LP'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.


Empire State Realty OP LP Quick Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's Quick Ratio falls into.


OGCP
60GF Score
Empire State Realty OP LP OGCP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire State Realty OP LP 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.

Empire State Realty OP LP's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(443.844-0)/629.189
=0.71

Empire State Realty OP LP's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(391.088-0)/565.854
=0.69

* 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 0.69 mean?
Empire State Realty OP LP (OGCP) has a Quick Ratio of 0.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Empire State Realty OP LP and its competitors. This is 47% below median its historical median of 1.31. Over the past decade, Empire State Realty OP LP's Quick Ratio has ranged from 0.24 to 2.02. According to the industry distribution chart, Empire State Realty OP LP ranks #448 out of 760 companies in the REITs industry, placing it in the top 58.9%.
Is Empire State Realty OP LP's Quick Ratio too high?
Empire State Realty OP LP's current Quick Ratio of 0.69 is 47% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.02. The REITs industry median Quick Ratio is 0.87. Empire State Realty OP LP's value of 0.69 is 20.7% below this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #448 out of 760 companies in the REITs industry, which is below the industry midpoint. Overall, Empire State Realty OP LP has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's Quick Ratio compare to DEI and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #448 out of 760 companies for Quick Ratio. This places Empire State Realty OP LP in the lower half of its industry. The industry median Quick Ratio is 0.87. Empire State Realty OP LP's value of 0.69 is 20.7% below this benchmark. Historically, Empire State Realty OP LP's own Quick Ratio has ranged from 0.24 to 2.02 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 0.87, Empire State Realty OP LP 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. Empire State Realty OP LP's current Quick Ratio of 0.69 is 20.7% 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 Empire State Realty OP LP 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. Empire State Realty OP LP's current Quick Ratio is 0.69, which is 47% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire State Realty OP LP stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty OP LP (OGCP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.91, compared to a current price of $5.75 — trading 35.5% below its estimated fair value. The current Quick Ratio is 0.69, which is 47% below median its 10-year median of 1.31 and 20.7% below the REITs industry median of 0.87. Empire State Realty OP LP's overall GF Score™ is 60/100 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 Empire State Realty OP LP (OGCP), the current Quick Ratio is 0.69 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 Empire State Realty OP LP (OGCP) Overvalued in 2026?

Based on GuruFocus' analysis, Empire State Realty OP LP stock appears to be undervalued. The current stock price of $5.75 is trading 35.5% below its estimated GF Value™ of $8.91. GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.

Key valuation signals for OGCP:

  • Quick Ratio: 0.69 (47% below median its 10-year median of 1.31)
  • GF Value™: $8.91 vs. price of $5.75 (35.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 20.7% below the REITs median (#448 of 760)

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


Empire State Realty OP LP Business Description

Industry Real EstateREITs
Other Exchanges FISK:USAESBA:USA
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is an NYC-focused real estate investment trust (REIT) that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets, conducts all of its business, and owns substantially all of its assets. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning, and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.
60GF Score

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

$5.75
Price
$8.91
GF Value