iStar Inc Quick ratio
What is the Quick ratio of iStar Inc?
The Quick ratio of iStar Inc is 13.20
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 iStar Inc
What does iStar Inc do?
iStar Inc. is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned and continues to use its historic strengths in finance and net lease to expand this unique platform. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.
Companies with quick ratio similar to iStar Inc
- Telesat has Quick ratio of 13.16
- ClearVue Technologies has Quick ratio of 13.16
- Amtd International Inc has Quick ratio of 13.17
- Dynavax Technologies has Quick ratio of 13.18
- Five Prime Therapeutics Inc has Quick ratio of 13.18
- Kinnate Biopharma has Quick ratio of 13.19
- iStar Inc has Quick ratio of 13.20
- Harfang Exploration has Quick ratio of 13.23
- Pan Global Resources has Quick ratio of 13.23
- Zeotech has Quick ratio of 13.25
- Manganese X has Quick ratio of 13.25
- Manganese X Corp has Quick ratio of 13.25
- Encore Capital has Quick ratio of 13.26