GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Owens Realty Mortgage Inc (AMEX:ORM) » Definitions » Quick Ratio

Owens Realty Mortgage (Owens Realty Mortgage) Quick Ratio : 36.83 (As of Dec. 2018)


View and export this data going back to 2013. Start your Free Trial

What is Owens Realty Mortgage Quick Ratio?

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. Owens Realty Mortgage's quick ratio for the quarter that ended in Dec. 2018 was 36.83.

Owens Realty Mortgage has a quick ratio of 36.83. It generally indicates good short-term financial strength.

The historical rank and industry rank for Owens Realty Mortgage's Quick Ratio or its related term are showing as below:

ORM's Quick Ratio is not ranked *
in the REITs industry.
Industry Median: 0.92
* Ranked among companies with meaningful Quick Ratio only.

Owens Realty Mortgage Quick Ratio Historical Data

The historical data trend for Owens Realty Mortgage'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.

* Premium members only.

Owens Realty Mortgage Quick Ratio Chart

Owens Realty Mortgage Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Quick Ratio
Get a 7-Day Free Trial 0.17 0.14 0.21 0.21 36.83

Owens Realty Mortgage Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.21 66.76 2.16 6.47 36.83

Competitive Comparison of Owens Realty Mortgage's Quick Ratio

For the REIT - Office subindustry, Owens Realty Mortgage'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.


Owens Realty Mortgage's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Owens Realty Mortgage's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Owens Realty Mortgage's Quick Ratio falls into.



Owens Realty Mortgage 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.

Owens Realty Mortgage's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(180.917-0)/4.912
=36.83

Owens Realty Mortgage's Quick Ratio for the quarter that ended in Dec. 2018 is calculated as

Quick Ratio (Q: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(180.917-0)/4.912
=36.83

* 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.


Owens Realty Mortgage  (AMEX:ORM) 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.


Owens Realty Mortgage Quick Ratio Related Terms

Thank you for viewing the detailed overview of Owens Realty Mortgage's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Owens Realty Mortgage (Owens Realty Mortgage) Business Description

Traded in Other Exchanges
N/A
Address
2221 Olympic Boulevard, Walnut Creek, CA, USA, 94595
Owens Realty Mortgage Inc is a US-based specialty finance company which focuses on the origination, investment, and management of commercial real estate loans primarily in the Western U.S. It is engaged in providing customized, short-term loans to small and middle-market investors and developers. The company also holds investments in real estate properties with the objective of providing investors with attractive current income and long-term shareholder value. It has three reportable business segments namely Commercial, Residential, and Land. The company is managed and advised by Owens Financial Group, Inc. Owens primary sources of revenue are interest income earned on loan investment portfolio and revenues which are generated from its operating real estate assets.
Executives
Gilbert E Nathan director C/O EMERGENT CAPITAL, INC., 5355 TOWN CENTER ROAD, SUITE 701, BOCA RATON FL 33486
Steven D Hovde director 1110 LAKE COOK ROAD, SUITE 165, BUFFALO GROVE IL 60089

Owens Realty Mortgage (Owens Realty Mortgage) Headlines

From GuruFocus

Ready Capital Corporation Announces Executive Transition

By PRNewswire PRNewswire 03-13-2019

Ready Capital Announces Merger With Owens Realty Mortgage

By PRNewswire PRNewswire 11-08-2018