Sun Residential REIT (TSXV:SRES) Quick Ratio: 17.83 (As of Jun. 2025)

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What is Sun Residential REIT Quick Ratio?

Sun Residential REIT TSXV:SRES Quick Ratio is 17.83 as of Jun. 2025.

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. Sun Residential REIT's quick ratio for the quarter that ended in Jun. 2025 was 17.83.

Sun Residential REIT has a quick ratio of 17.83. It generally indicates good short-term financial strength.

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

TSXV:SRES's Quick Ratio is not ranked *
in the REITs industry.
Industry Median: 0.87
* Ranked among companies with meaningful Quick Ratio only.

Sun Residential REIT  (TSXV:SRES) 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.


Sun Residential REIT Quick Ratio Related Terms


Sun Residential REIT Quick Ratio Historical Data

* Premium members only.

The historical data trend for Sun Residential 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.

Sun Residential REIT Quick Ratio Chart

Sun Residential REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial 17.19 22.39 13.35 12.70 10.56

Sun Residential REIT Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 11.20 14.37 10.56 11.50 17.83

TSXV:SRES vs AVB, EQR, INVH: Quick Ratio Comparison

For the REIT - Residential subindustry, Sun Residential 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.


Sun Residential REIT Quick Ratio vs REITs Industry

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

* The bar in red indicates where Sun Residential REIT's Quick Ratio falls into.



Sun Residential 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.

Sun Residential REIT's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5.133-0)/0.486
=10.56

Sun Residential REIT's Quick Ratio for the quarter that ended in Jun. 2025 is calculated as

Quick Ratio (Q: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(24.248-0)/1.36
=17.83

* 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 17.83 mean?
Sun Residential REIT (TSXV:SRES) has a Quick Ratio of 17.83 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sun Residential REIT and its competitors.
Is Sun Residential REIT's Quick Ratio too high?
Sun Residential REIT's current Quick Ratio is 17.83. The REITs industry median Quick Ratio is 0.87. Sun Residential REIT's value of 17.83 is 1949.4% above this industry median.
How does Sun Residential REIT's Quick Ratio compare to AVB and EQR?
Sun Residential REIT's Quick Ratio of 17.83 can be compared against companies in the REITs industry. The industry median Quick Ratio is 0.87. Sun Residential REIT's value of 17.83 is 1949.4% above this benchmark. 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. Sun Residential REIT's current Quick Ratio of 17.83 is 1949.4% 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 Sun Residential 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. Sun Residential REIT's current Quick Ratio is 17.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Residential REIT stock overvalued right now?
Sun Residential REIT (TSXV:SRES) has a current Quick Ratio of 17.83. The current Quick Ratio is 17.83 and 1949.4% above the REITs industry median of 0.87. 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 Sun Residential REIT (TSXV:SRES), the current Quick Ratio is 17.83 as of Jun. 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.

Sun Residential REIT Business Description

Industry Real EstateREITs
Address 130 King Street West, Suite 2300, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Sun Residential REIT focused on acquiring high-quality, multi-family residential real estate assets in the Sunbelt region of the United States, the first of which is a recently acquired controlling interest by Sun in a 288-unit multi-family residential property in Tallahassee, Florida. Through its acquisition program and the veteran expertise of its trustees and officers, Sun is designed to deliver long-term, secure income with additional potential for capital appreciation.