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Forest City Realty Trust (Forest City Realty Trust) Quick Ratio : 2.33 (As of Sep. 2018)


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What is Forest City Realty Trust 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. Forest City Realty Trust's quick ratio for the quarter that ended in Sep. 2018 was 2.33.

Forest City Realty Trust has a quick ratio of 2.33. It generally indicates good short-term financial strength.

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

FCE.B's Quick Ratio is not ranked *
in the REITs industry.
Industry Median: 0.91
* Ranked among companies with meaningful Quick Ratio only.

Forest City Realty Trust Quick Ratio Historical Data

The historical data trend for Forest City Realty Trust'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.

Forest City Realty Trust Quick Ratio Chart

Forest City Realty Trust Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.33 1.06 1.36 1.62

Forest City Realty Trust Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 1.52 1.62 2.33 2.36 2.33

Competitive Comparison of Forest City Realty Trust's Quick Ratio

For the REIT - Retail subindustry, Forest City Realty Trust'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.


Forest City Realty Trust's Quick Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Forest City Realty Trust's Quick Ratio falls into.



Forest City Realty Trust 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.

Forest City Realty Trust's Quick Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Quick Ratio (A: Dec. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1050.037-0)/650.022
=1.62

Forest City Realty Trust's Quick Ratio for the quarter that ended in Sep. 2018 is calculated as

Quick Ratio (Q: Sep. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1346.038-0)/578.036
=2.33

* 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.


Forest City Realty Trust  (NYSE:FCE.B) 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.


Forest City Realty Trust Quick Ratio Related Terms

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Forest City Realty Trust (Forest City Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Forest City Realty Trust Inc is engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. The company's segments include the Commercial Group, Residential Group, Land Development Group and Corporate Activities. It operates mixed-use projects such as residential rental properties, regional malls, specialty/urban retail centers, office and life science buildings and others. In addition, it also engaged in acquiring and sale of both land and developed lots to residential, commercial and industrial clients. Revenue for the group is derived from the source of rental, service and management fees and land sales.

Forest City Realty Trust (Forest City Realty Trust) Headlines