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Bs2 Allinvestments Fundo De Investimento Imobiliario (BSP:LLAO11) Quick Ratio : 4.03 (As of Dec. 2023)


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What is Bs2 Allinvestments Fundo De Investimento Imobiliario Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Bs2 Allinvestments Fundo De Investimento Imobiliario's quick ratio for the quarter that ended in Dec. 2023 was 4.03.

Bs2 Allinvestments Fundo De Investimento Imobiliario has a quick ratio of 4.03. It generally indicates good short-term financial strength.

The historical rank and industry rank for Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio or its related term are showing as below:

BSP:LLAO11' s Quick Ratio Range Over the Past 10 Years
Min: 4.03   Med: 183.31   Max: 290.31
Current: 4.03

During the past 3 years, Bs2 Allinvestments Fundo De Investimento Imobiliario's highest Quick Ratio was 290.31. The lowest was 4.03. And the median was 183.31.

BSP:LLAO11's Quick Ratio is not ranked
in the REITs industry.
Industry Median: 0.95 vs BSP:LLAO11: 4.03

Bs2 Allinvestments Fundo De Investimento Imobiliario Quick Ratio Historical Data

The historical data trend for Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick 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.

Bs2 Allinvestments Fundo De Investimento Imobiliario Quick Ratio Chart

Bs2 Allinvestments Fundo De Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Quick Ratio
290.31 183.31 4.03

Bs2 Allinvestments Fundo De Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Quick Ratio 290.31 183.31 4.03

Competitive Comparison of Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio

For the REIT - Specialty subindustry, Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio, along with its competitors' market caps and Quick 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.


Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio falls into.



Bs2 Allinvestments Fundo De Investimento Imobiliario Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.207-0)/0.548
=4.03

Bs2 Allinvestments Fundo De Investimento Imobiliario's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.207-0)/0.548
=4.03

* 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.


Bs2 Allinvestments Fundo De Investimento Imobiliario  (BSP:LLAO11) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Bs2 Allinvestments Fundo De Investimento Imobiliario Quick Ratio Related Terms

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Bs2 Allinvestments Fundo De Investimento Imobiliario (BSP:LLAO11) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, n 1355, 5th Floor, Sao Paulo, SP, BRA, 01452-002
Bs2 Allinvestments Fundo De Investimento Imobiliario is a real estate investment trust. The Fund's objective is to obtain capital gains through the acquisition and sale of Real Estate.

Bs2 Allinvestments Fundo De Investimento Imobiliario (BSP:LLAO11) Headlines

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