Manulife US REIT (SGX:BTOU) Quick Ratio: 1.89 (As of Dec. 2025) — 77% Above Median


What is Manulife US REIT Quick Ratio?

Manulife US REIT SGX:BTOU -1.89% Quick Ratio is 1.89 as of Dec. 2025, which is 77% above its 10-year median of 1.07. The stock has 7 warning signs investors should review. Among 758 REITs companies, Manulife US REIT ranks better than 72.03% 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. Manulife US REIT's quick ratio for the quarter that ended in Dec. 2025 was 1.89.

Manulife US REIT has a quick ratio of 1.89. It generally indicates good short-term financial strength.

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

SGX:BTOU' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.07   Max: 4.13
Current: 1.89

During the past 13 years, Manulife US REIT's highest Quick Ratio was 4.13. The lowest was 0.24. And the median was 1.07.

SGX:BTOU's Quick Ratio is ranked better than
72.03% of 758 companies
in the REITs industry
Industry Median: 0.88 vs SGX:BTOU: 1.89

Manulife US REIT  (SGX:BTOU) 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.


Manulife US REIT Quick Ratio Related Terms


Manulife US REIT Quick Ratio Historical Data

* Premium members only.

The historical data trend for Manulife US 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.

Manulife US REIT Quick Ratio Chart

Manulife US REIT 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 0.24 0.66 1.48 2.98 1.89

Manulife US REIT Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.48 0.70 2.98 1.95 1.89

SGX:BTOU vs BXP, ARE, VNO: Quick Ratio Comparison

For the REIT - Office subindustry, Manulife US 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.


Manulife US REIT Quick Ratio vs REITs Industry

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

* The bar in red indicates where Manulife US REIT's Quick Ratio falls into.



Manulife US 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.

Manulife US REIT'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
=(140.717-0)/74.29
=1.89

Manulife US REIT's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(140.717-0)/74.29
=1.89

* 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 1.89 mean?
Manulife US REIT (SGX:BTOU) has a Quick Ratio of 1.89 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Manulife US REIT and its competitors. This is 77% above median its historical median of 1.07. Over the past decade, Manulife US REIT's Quick Ratio has ranged from 0.24 to 4.13. According to the industry distribution chart, Manulife US REIT ranks #212 out of 758 companies in the REITs industry, placing it in the top 28%.
Is Manulife US REIT's Quick Ratio too high?
Manulife US REIT's current Quick Ratio of 1.89 is 77% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 4.13. The REITs industry median Quick Ratio is 0.88. Manulife US REIT's value of 1.89 is 114.8% above this industry median. Based on the distribution chart, Manulife US REIT ranks #212 out of 758 companies in the REITs industry, which is above the industry midpoint.
How does Manulife US REIT's Quick Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Manulife US REIT ranks #212 out of 758 companies for Quick Ratio. This puts Manulife US REIT in the upper half of its industry. The industry median Quick Ratio is 0.88. Manulife US REIT's value of 1.89 is 114.8% above this benchmark. Historically, Manulife US REIT's own Quick Ratio has ranged from 0.24 to 4.13 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.88, Manulife US REIT 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 0.88, based on 758 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. Manulife US REIT's current Quick Ratio of 1.89 is 114.8% 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 Manulife US REIT and its competitors. For the REITs industry, the median Quick Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife US REIT's current Quick Ratio is 1.89, which is 77% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife US REIT stock overvalued right now?
Based on GuruFocus' analysis, Manulife US REIT (SGX:BTOU) is currently considered Fairly Valued. The stock's GF Value™ is $0.05, compared to a current price of $0.05 — trading 4% above its estimated fair value. The current Quick Ratio is 1.89, which is 77% above median its 10-year median of 1.07 and 114.8% above the REITs industry median of 0.88. 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 Manulife US REIT (SGX:BTOU), the current Quick Ratio is 1.89 as of Dec. 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.

Manulife US REIT Business Description

Industry Real EstateREITs
Address 8 Cross Street, No.16-03 Manulife Tower, Singapore, SGP, 048424
Manulife US REIT is a pure-play U.S. office REIT in Asia. The company along with its subsidiaries invests, directly or indirectly, in a portfolio of income-producing office real estate in markets in the U.S., as well as real estate-related assets. The Group's investment properties comprise commercial office properties. Some of its properties include Figueroa and Michelson in California along with Plaza and Exchange in New Jersey. Geographically, the majority is derived from the United States.