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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Quick Ratio : 2.22 (As of Dec. 2023)


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What is Cshg Real Estate Fundo Invest Imobiliario 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. Cshg Real Estate Fundo Invest Imobiliario's quick ratio for the quarter that ended in Dec. 2023 was 2.22.

Cshg Real Estate Fundo Invest Imobiliario has a quick ratio of 2.22. It generally indicates good short-term financial strength.

The historical rank and industry rank for Cshg Real Estate Fundo Invest Imobiliario's Quick Ratio or its related term are showing as below:

BSP:HGRE11' s Quick Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.85   Max: 6.37
Current: 2.22

During the past 13 years, Cshg Real Estate Fundo Invest Imobiliario's highest Quick Ratio was 6.37. The lowest was 0.29. And the median was 1.85.

BSP:HGRE11's Quick Ratio is ranked better than
74.42% of 778 companies
in the REITs industry
Industry Median: 0.955 vs BSP:HGRE11: 2.22

Cshg Real Estate Fundo Invest Imobiliario Quick Ratio Historical Data

The historical data trend for Cshg Real Estate Fundo Invest Imobiliario'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.

Cshg Real Estate Fundo Invest Imobiliario Quick Ratio Chart

Cshg Real Estate Fundo Invest Imobiliario 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 0.29 1.28 1.46 2.60 2.22

Cshg Real Estate Fundo Invest Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 0.29 1.28 1.46 2.60 2.22

Competitive Comparison of Cshg Real Estate Fundo Invest Imobiliario's Quick Ratio

For the REIT - Diversified subindustry, Cshg Real Estate Fundo Invest Imobiliario'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.


Cshg Real Estate Fundo Invest Imobiliario's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cshg Real Estate Fundo Invest Imobiliario's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Cshg Real Estate Fundo Invest Imobiliario's Quick Ratio falls into.


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Cshg Real Estate Fundo Invest Imobiliario 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.

Cshg Real Estate Fundo Invest Imobiliario'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
=(76.264-0)/34.318
=2.22

Cshg Real Estate Fundo Invest Imobiliario's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(76.264-0)/34.318
=2.22

* 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.


Cshg Real Estate Fundo Invest Imobiliario  (BSP:HGRE11) 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.


Cshg Real Estate Fundo Invest Imobiliario Quick Ratio Related Terms

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Cshg Real Estate Fundo Invest Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, Tower IV - 7th Floor - Moema, São Paulo, SP, BRA, 04543900
Cshg Real Estate Fundo Invest Imobiliario is engaged in the acquisition of commercial real estate projects for commercial operation.

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