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INDUS Realty Trust (INDUS Realty Trust) Cash Ratio : 0.87 (As of Mar. 2023)


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What is INDUS Realty Trust Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. INDUS Realty Trust's Cash Ratio for the quarter that ended in Mar. 2023 was 0.87.

INDUS Realty Trust has a Cash Ratio of 0.87. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

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

INDT' s Cash Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.35   Max: 7.73
Current: 0.87

During the past 13 years, INDUS Realty Trust's highest Cash Ratio was 7.73. The lowest was 0.21. And the median was 1.35.

INDT's Cash Ratio is not ranked
in the REITs industry.
Industry Median: 0.42 vs INDT: 0.87

INDUS Realty Trust Cash Ratio Historical Data

The historical data trend for INDUS Realty Trust's Cash 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 Cash Ratio Chart

INDUS Realty Trust Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Dec21 Dec22
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 0.27 1.75 6.87 2.33

INDUS Realty Trust Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash 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 5.14 3.48 1.05 2.33 0.87

Competitive Comparison of INDUS Realty Trust's Cash Ratio

For the REIT - Industrial subindustry, INDUS Realty Trust's Cash Ratio, along with its competitors' market caps and Cash 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's Cash Ratio Distribution in the REITs Industry

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

* The bar in red indicates where INDUS Realty Trust's Cash Ratio falls into.



INDUS Realty Trust Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

INDUS Realty Trust's Cash Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash Ratio (A: Dec. 2022 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=52.014/22.313
=2.33

INDUS Realty Trust's Cash Ratio for the quarter that ended in Mar. 2023 is calculated as:

Cash Ratio (Q: Mar. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=23.323/26.74
=0.87

* 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) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


INDUS Realty Trust Cash Ratio Related Terms

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INDUS Realty Trust (INDUS Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
641 Lexington Avenue, 26th Floor, New York, NY, USA, 10022
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.
Executives
Susan Cullman 10 percent owner 641 LEXINGTON AVENUE, NEW YORK NY 10022-4599
Jon W. Clark officer: Executive Vice President 420 LEXINGTON AVE., NEW YORK NY 10170
Edgar Jr Cullman 10 percent owner 641 LEXINGTON AVE, 29TH FLOOR, NEW YORK NY 10022
Ccp Sbs Gp, Llc 10 percent owner C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Cpref Ii Aiv Ii - A, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Cpref Ii Aiv Ii - B, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Centerbridge Partners Real Estate Associates Ii, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Cpref Ii Cayman Gp Ltd. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Centerbridge Partners Real Estate Fund Sbs Ii, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Jeffrey Aronson 10 percent owner 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Conversant Gp Holdings Llc 10 percent owner 90 PARK AVENUE 32ND FLOOR, NEW YORK NY 10016
Conversant Capital Llc 10 percent owner 25 DEFOREST AVENUE, 3RD FLOOR, SUMMIT NJ 07901
Michael Simanovsky 10 percent owner 90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Thomas M. Lescalleet officer: SVP, Griffin Land C/O GRIFFIN LAND & NURSERIES, INC., 90 SALMON BROOK STREET, GRANBY CT 06035
Small Albert H Jr director 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134

INDUS Realty Trust (INDUS Realty Trust) Headlines

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