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Federal Realty Investment Trust (Federal Realty Investment Trust) Quick Ratio : 1.55 (As of Dec. 2023)


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What is Federal Realty Investment 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. Federal Realty Investment Trust's quick ratio for the quarter that ended in Dec. 2023 was 1.55.

Federal Realty Investment Trust has a quick ratio of 1.55. It generally indicates good short-term financial strength.

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

FRT' s Quick Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.88   Max: 3
Current: 1.55

During the past 13 years, Federal Realty Investment Trust's highest Quick Ratio was 3.00. The lowest was 0.59. And the median was 0.88.

FRT's Quick Ratio is ranked better than
65.42% of 720 companies
in the REITs industry
Industry Median: 0.92 vs FRT: 1.55

Federal Realty Investment Trust Quick Ratio Historical Data

The historical data trend for Federal Realty Investment 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.

Federal Realty Investment Trust Quick Ratio Chart

Federal Realty Investment Trust 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 0.87 3.00 0.98 0.95 1.55

Federal Realty Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.98 0.99 0.90 1.55

Competitive Comparison of Federal Realty Investment Trust's Quick Ratio

For the REIT - Retail subindustry, Federal Realty Investment 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.


Federal Realty Investment Trust's Quick Ratio Distribution in the REITs Industry

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

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



Federal Realty Investment 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.

Federal Realty Investment Trust'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
=(461.754-0)/297.83
=1.55

Federal Realty Investment Trust'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
=(461.754-0)/297.83
=1.55

* 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.


Federal Realty Investment Trust  (NYSE:FRT) 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.


Federal Realty Investment Trust Quick Ratio Related Terms

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Federal Realty Investment Trust (Federal Realty Investment Trust) Business Description

Traded in Other Exchanges
Address
909 Rose Avenue, Suite 200, North Bethesda, MD, USA, 20852
Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 102 properties, which includes 25.8 million square feet of retail space and over 3,100 multifamily units. Federal's retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT.
Executives
Donald C Wood director, officer: Chief Executive Officer 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Jeffrey S Berkes officer: President and COO 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Daniel Guglielmone officer: EVP-CFO and Treasurer 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Thomas Mceachin director 11621 RESEARCH CIRCLE, ALACHUA FL 32615
David W Faeder director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Dawn M Becker officer: EVP-General Counsel &Secretary 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Gail P Steinel director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Elizabeth I Holland director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Jon E Bortz director 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Joseph Vassalluzzo director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Nicole Lamb-hale director 909 ROSE AVENUE, SUITE 200, NORTH BETHESDA MD 20852
Nader Anthony P Iii director 6862 ELM STREET, SUITE 320, MCLEAN VA 22101
Melissa Solis officer: VP-Chief Accounting Officer 1626 EAST JEFFERSON STREET, ROCKVILLE MD 20852
Kristin Gamble director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852