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. INDUS Realty Trust's quick ratio for the quarter that ended in Jun. 2022 was 4.24.
INDUS Realty Trust has a quick ratio of 4.24. It generally indicates good short-term financial strength.
The historical rank and industry rank for INDUS Realty Trust's Quick Ratio or its related term are showing as below:
INDT'
s Quick Ratio Range Over the Past 10 Years
Min: 0.36 Med: 3.26 Max: 19.01
Current: 4.24
During the past 13 years, INDUS Realty Trust's highest Quick Ratio was 19.01. The lowest was 0.36. And the median was 3.26.
INDT's Quick Ratio is ranked better than 89.15% of 1797
companies
in the Real Estate industry
Industry Median: 0.90
vs INDT: 4.24
INDUS Realty Trust Quick Ratio Historical Data
The historical data trend for INDUS 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.
INDUS Realty Trust Annual Data
Trend
Nov11
Nov12
Nov13
Nov14
Nov15
Nov16
Nov17
Nov18
Nov19
Nov20
Quick Ratio
5.40
5.19
5.56
1.39
8.71
INDUS Realty Trust Quarterly Data
Aug17
Nov17
Feb18
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Quick Ratio
5.02
2.26
7.90
5.87
4.24
Competitive Comparison
For the Real Estate Services subindustry, INDUS 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.
INDUS Realty Trust Quick Ratio Distribution
For the Real Estate industry and Real Estate sector, INDUS Realty Trust's Quick Ratio distribution charts can be found below:
* The bar in red indicates where INDUS Realty Trust's Quick Ratio falls into.
INDUS 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.
INDUS Realty Trust's Quick Ratio for the fiscal year that ended in Nov. 2020 is calculated as
* 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.
INDUS Realty Trust (NAS:INDT) 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.
INDUS Realty Trust Quick Ratio Related Terms
Thank you for viewing the detailed overview of INDUS Realty Trust's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
INDUS Realty Trust Inc is a real estate company. The company is engaged in developing, managing and leasing industrial properties, and to a lesser extent, office/flex properties. The major developments include industrial parks, Carolina Tradeport, New England Tradeport, and Lehigh Valley.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
1.74(2.66%) Volume: 25,459 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:INDT has been successfully added to your 
