LXP Industrial Trust Quick ratio
What is the Quick ratio of LXP Industrial Trust?
The Quick ratio of LXP Industrial Trust is 1.19
What is the definition of Quick ratio?
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
Quick ratio of companies in the Real Estate sector on NYSE compared to LXP Industrial Trust
What does LXP Industrial Trust do?
lexington realty trust is a real estate investment trust that invests in, owns and manages commercial properties net leased to major corporations throughout the united states. in addition, the company provides investment advisory and asset management services to investors in the net lease area.
Companies with quick ratio similar to LXP Industrial Trust
- Mineworx Technologies has Quick ratio of 1.18
- Hopscotch e SA has Quick ratio of 1.18
- Blackrock Floating Rate Income Strategies Fund Inc has Quick ratio of 1.18
- LANXESS AG has Quick ratio of 1.18
- Bluelinea SA has Quick ratio of 1.18
- Abbott Laboratories has Quick ratio of 1.18
- LXP Industrial Trust has Quick ratio of 1.19
- ICF International, Inc has Quick ratio of 1.19
- Insight Enterprises has Quick ratio of 1.19
- Bioxyne has Quick ratio of 1.19
- SunCoke Inc has Quick ratio of 1.19
- Kunming Dianchi Water Treatment Co has Quick ratio of 1.19
- Vista Outdoor Inc has Quick ratio of 1.19