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Maxus Realty Trust (Maxus Realty Trust) Current Ratio : 2.67 (As of Mar. 2008)


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What is Maxus Realty Trust Current Ratio?

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. Maxus Realty Trust's current ratio for the quarter that ended in Mar. 2008 was 2.67.

Maxus Realty Trust has a current ratio of 2.67. It generally indicates good short-term financial strength.

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

MRTI's Current Ratio is not ranked *
in the REITs industry.
Industry Median: 1.02
* Ranked among companies with meaningful Current Ratio only.

Maxus Realty Trust Current Ratio Historical Data

The historical data trend for Maxus Realty Trust's Current 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.

Maxus Realty Trust Current Ratio Chart

Maxus Realty Trust Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 3.80 1.55 7.22 4.56

Maxus Realty Trust Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
Current 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 5.20 4.77 6.10 4.56 2.67

Competitive Comparison of Maxus Realty Trust's Current Ratio

For the REIT - Residential subindustry, Maxus Realty Trust'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.


Maxus Realty Trust's Current Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Maxus Realty Trust's Current Ratio falls into.



Maxus Realty Trust 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.

Maxus Realty Trust's Current Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Current Ratio (A: Dec. 2007 )=Total Current Assets (A: Dec. 2007 )/Total Current Liabilities (A: Dec. 2007 )
=5.547/1.216
=4.56

Maxus Realty Trust's Current Ratio for the quarter that ended in Mar. 2008 is calculated as

Current Ratio (Q: Mar. 2008 )=Total Current Assets (Q: Mar. 2008 )/Total Current Liabilities (Q: Mar. 2008 )
=4.906/1.835
=2.67

* 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.


Maxus Realty Trust  (OTCPK:MRTI) 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.


Maxus Realty Trust Current Ratio Related Terms

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Maxus Realty Trust (Maxus Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
104 Armour Road, PO Box 34729, North Kansas City, MO, USA, 64116
Maxus Realty Trust Inc is a real estate company. The trust's purpose is to acquire interests in income-producing real properties, primarily multifamily apartment communities. It invests in income-producing real properties and multifamily apartment communities.

Maxus Realty Trust (Maxus Realty Trust) Headlines