Nomura Real Estate Master Fund has a Cash Ratio of 0.41. 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 Nomura Real Estate Master Fund's Cash Ratio or its related term are showing as below:
TSE:3462's Cash Ratio is not ranked *
in the REITs industry.
Industry Median: 0.41 * Ranked among companies with meaningful Cash Ratio only.
Nomura Real Estate Master Fund Cash 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 Nomura Real Estate Master Fund's Cash Ratio
For the REIT - Retail subindustry, Nomura Real Estate Master Fund'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.
Nomura Real Estate Master Fund's Cash Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Master Fund's Cash Ratio falls into.
Nomura Real Estate Master Fund Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
* 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.
Nomura Real Estate Master Fund (TSE:3462) 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.
Nomura Real Estate Master Fund Cash Ratio Related Terms
Thank you for viewing the detailed overview of Nomura Real Estate Master Fund's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nomura Real Estate Master Fund (TSE:3462) Business Description
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.
Nomura Real Estate Master Fund (TSE:3462) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:3462 has been successfully added to your 