Douglas Emmett has a Cash Ratio of 3.21. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Douglas Emmett's Cash Ratio or its related term are showing as below:
DEI'
s Cash Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.08 Max: 3.21
Current: 3.21
During the past 13 years, Douglas Emmett's highest Cash Ratio was 3.21. The lowest was 0.22. And the median was 1.08.
DEI's Cash Ratio is ranked better than 87.55% of 707
companies
in the REITs industry
Industry Median: 0.42
vs DEI: 3.21
Douglas Emmett Cash Ratio Historical Data
The historical data trend for Douglas Emmett'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.
Competitive Comparison of Douglas Emmett's Cash Ratio
For the REIT - Office subindustry, Douglas Emmett'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.
Douglas Emmett's Cash Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Douglas Emmett's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Douglas Emmett's Cash Ratio falls into.
Douglas Emmett Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Douglas Emmett's Cash 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.
Douglas Emmett (NYSE:DEI) 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.
Douglas Emmett Cash Ratio Related Terms
Thank you for viewing the detailed overview of Douglas Emmett's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Douglas Emmett (Douglas Emmett) Business Description
Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms.
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