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American Realty Investors (American Realty Investors) Quick Ratio : 33.02 (As of Mar. 2024)


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What is American Realty Investors 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. American Realty Investors's quick ratio for the quarter that ended in Mar. 2024 was 33.02.

American Realty Investors has a quick ratio of 33.02. It generally indicates good short-term financial strength.

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

ARL' s Quick Ratio Range Over the Past 10 Years
Min: 3.68   Med: 7.5   Max: 28.43
Current: 28.43

During the past 13 years, American Realty Investors's highest Quick Ratio was 28.43. The lowest was 3.68. And the median was 7.50.

ARL's Quick Ratio is ranked better than
98.3% of 1826 companies
in the Real Estate industry
Industry Median: 0.81 vs ARL: 28.43

American Realty Investors Quick Ratio Historical Data

The historical data trend for American Realty Investors'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.

American Realty Investors Quick Ratio Chart

American Realty Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.62 9.93 6.38 10.20 28.43

American Realty Investors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.73 9.18 9.23 28.43 33.02

Competitive Comparison of American Realty Investors's Quick Ratio

For the Real Estate - Development subindustry, American Realty Investors'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.


American Realty Investors's Quick Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where American Realty Investors's Quick Ratio falls into.



American Realty Investors 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.

American Realty Investors's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(412.202-0)/14.499
=28.43

American Realty Investors's Quick Ratio for the quarter that ended in Mar. 2024 is calculated as

Quick Ratio (Q: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(407.338-0)/12.335
=33.02

* 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.


American Realty Investors  (NYSE:ARL) 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.


American Realty Investors Quick Ratio Related Terms

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American Realty Investors (American Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
1603 Lyndon B Johnson Freeway, Suite 800, One Hickory Centre, Dallas, TX, USA, 75234
American Realty Investors Inc is a real estate company. The company acquires, develops, and owns income-producing residential and commercial real estate properties. Its segment involves Residential segment and Commercial segment. Residential segment is engaged in the acquisition, development, ownership, and management of multifamily properties and Commercial segment is engaged in the acquisition, ownership, and management of commercial real estate properties. Its holdings include apartments, office buildings, retail centers, and parcels of land.
Executives
Bradford A. Phillips director 1605 LBJ FREEWAY, SUITE 700, FARMERS BRANCH TX 75234
Erik L Johnson officer: Ex. Vice President and CFO
Realty Advisors, Llc 10 percent owner 1603 LBJ FREEWAY, SUITE 300, DALLAS TX 75234
Realty Advisors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 300, DALLAS TX 75234
Daniel J Moos officer: President & COO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
International Health Products, Inc. 10 percent owner 2010 VALLEY VIEW LANE, SUITE 250, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
American Realty Investors Inc officer: Exec. V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Prime Income Asset Management Inc 10 percent owner
Robert A Jakuszewski director 1800 VALLEY VIEW LANE, DALLAS TX 75234