The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. United Hampshire US REIT's current ratio for the quarter that ended in Dec. 2023 was 0.66.
United Hampshire US REIT has a current ratio of 0.66. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If United Hampshire US REIT has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for United Hampshire US REIT's Current Ratio or its related term are showing as below:
SGX:ODBU'
s Current Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.73 Max: 5.76
Current: 0.66
During the past 7 years, United Hampshire US REIT's highest Current Ratio was 5.76. The lowest was 0.66. And the median was 1.73.
SGX:ODBU's Current Ratio is ranked worse than 63.65% of 718
companies
in the REITs industry
Industry Median: 1.02
vs SGX:ODBU: 0.66
United Hampshire US REIT Current Ratio Historical Data
* 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.
Competitive Comparison of United Hampshire US REIT's Current Ratio
For the REIT - Retail subindustry, United Hampshire US REIT's Current Ratio, along with its competitors' market caps and Current 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.
United Hampshire US REIT's Current Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, United Hampshire US REIT's Current Ratio distribution charts can be found below:
* The bar in red indicates where United Hampshire US REIT's Current Ratio falls into.
United Hampshire US REIT Current Ratio Calculation
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
United Hampshire US REIT's Current Ratio for the fiscal year that ended in Dec. 2023 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.
United Hampshire US REIT (SGX:ODBU) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
United Hampshire US REIT Current Ratio Related Terms
Thank you for viewing the detailed overview of United Hampshire US REIT's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
United Hampshire US REIT (SGX:ODBU) Business Description
United Hampshire US REIT is a Singapore REIT investing in a diversified portfolio of stabilized income-producing grocery-anchored and necessity-based retail properties, and modern, climate-controlled self-storage facilities, located in the United States of America. The company's objectives are to provide unitholders with regular and stable distributions and to achieve long-term growth in distribution per unit and net asset value per unit while maintaining an appropriate capital structure. The group's reportable operating segments are Grocery and Necessity Properties, and Self-Storage Properties. The company generates the majority of its revenue from the Grocery and Necessity Properties segment.
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