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Heiwa Real Estate REIT has a quick ratio of 1.02. It generally indicates good short-term financial strength.
The historical rank and industry rank for Heiwa Real Estate REIT's Quick Ratio or its related term are showing as below:
TSE:8966'
s Quick Ratio Range Over the Past 10 Years
Min: 0.93 Med: 1.2 Max: 1.44
Current: 1.02
During the past 13 years, Heiwa Real Estate REIT's highest Quick Ratio was 1.44. The lowest was 0.93. And the median was 1.20.
TSE:8966's Quick Ratio is ranked better than 54.98% of 753
companies
in the REITs industry
Industry Median: 0.87
vs TSE:8966: 1.02
Heiwa Real Estate REIT (TSE:8966) 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.
Heiwa Real Estate REIT Quick Ratio Related Terms
Heiwa Real Estate REIT 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 - Diversified subindustry, Heiwa Real Estate 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.
Heiwa Real Estate REIT Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Heiwa Real Estate REIT'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.
Heiwa Real Estate REIT's Quick Ratio for the fiscal year that ended in Nov. 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.
Heiwa Real Estate REIT (TSE:8966) has a Quick Ratio of 1.02 as of Nov. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Heiwa Real Estate REIT and its competitors. This is 15% below median its historical median of 1.20. Over the past decade, Heiwa Real Estate REIT's Quick Ratio has ranged from 0.93 to 1.44. According to the industry distribution chart, Heiwa Real Estate REIT ranks #339 out of 753 companies in the REITs industry, placing it in the top 45%.
Is Heiwa Real Estate REIT's Quick Ratio too high?
Heiwa Real Estate REIT's current Quick Ratio of 1.02 is 15% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.44. The REITs industry median Quick Ratio is 0.87. Heiwa Real Estate REIT's value of 1.02 is 17.2% above this industry median. Based on the distribution chart, Heiwa Real Estate REIT ranks #339 out of 753 companies in the REITs industry, which is above the industry midpoint. Overall, Heiwa Real Estate REIT has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heiwa Real Estate REIT's Quick Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Heiwa Real Estate REIT ranks #339 out of 753 companies for Quick Ratio. This puts Heiwa Real Estate REIT in the upper half of its industry. The industry median Quick Ratio is 0.87. Heiwa Real Estate REIT's value of 1.02 is 17.2% above this benchmark. Historically, Heiwa Real Estate REIT's own Quick Ratio has ranged from 0.93 to 1.44 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 0.87, Heiwa Real Estate 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 0.87, based on 753 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. Heiwa Real Estate REIT's current Quick Ratio of 1.02 is 17.2% 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 Heiwa Real Estate REIT 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. Heiwa Real Estate REIT's current Quick Ratio is 1.02, which is 15% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heiwa Real Estate REIT stock overvalued right now?
Based on GuruFocus' analysis, Heiwa Real Estate REIT (TSE:8966) is currently considered Modestly Undervalued. The stock's GF Value™ is 円163,138.94, compared to a current price of 円135,500.00 — trading 16.9% below its estimated fair value. The current Quick Ratio is 1.02, which is 15% below median its 10-year median of 1.20 and 17.2% above the REITs industry median of 0.87. Heiwa Real Estate REIT's overall GF Score™ is 70/100 with 4 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 Heiwa Real Estate REIT (TSE:8966), the current Quick Ratio is 1.02 as of Nov. 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.
Is Heiwa Real Estate REIT (TSE:8966) Overvalued in 2026?
Based on GuruFocus' analysis, Heiwa Real Estate REIT stock appears to be undervalued.
The current stock price of 円135,500.00 is trading 16.9% below its estimated GF Value™ of 円163,138.94.
GuruFocus considers Heiwa Real Estate REIT to be Modestly Undervalued.
Key valuation signals for TSE:8966:
Quick Ratio: 1.02 (15% below median its 10-year median of 1.20)
GF Value™: 円163,138.94 vs. price of 円135,500.00 (16.9% below fair value)
Industry Position: 17.2% above the REITs median (#339 of 753)
No single metric tells the full story. See the TSE:8966 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services.
70GF Score
Get the complete analysis for TSE:8966
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