ABP.AX
Price:
$1.132
Market Cap:
$1.01B
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is inclu...[Read more]
Industry
REIT - Diversified
IPO Date
2002-11-13
Stock Exchange
ASX
Ticker
ABP.AX
According to Abacus Property Group’s latest financial reports and current stock price. The company's current Current Ratio is 2.63. This represents a change of 57.69% compared to the average of 1.67 of the last 4 quarters.
The mean historical Current Ratio of Abacus Property Group over the last ten years is 3.23. The current 2.63 Current Ratio has changed 8.03% with respect to the historical average. Over the past ten years (40 quarters), ABP.AX's Current Ratio was at its highest in in the June 2011 quarter at 7.80. The Current Ratio was at its lowest in in the September 2010 quarter at 0.
Average
3.23
Median
2.67
Minimum
1.80
Maximum
5.56
Discovering the peaks and valleys of Abacus Property Group Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 330.12%
Maximum Annual Current Ratio = 5.56
Minimum Annual Increase = -51.15%
Minimum Annual Current Ratio = 1.80
Year | Current Ratio | Change |
---|---|---|
2023 | 2.63 | 46.25% |
2022 | 1.80 | -19.83% |
2021 | 2.24 | -11.17% |
2020 | 2.53 | -39.83% |
2019 | 4.20 | -1.57% |
2018 | 4.26 | 3.58% |
2017 | 4.12 | 79.61% |
2016 | 2.29 | -15.61% |
2015 | 2.72 | -51.15% |
2014 | 5.56 | 330.12% |
The current Current Ratio of Abacus Property Group (ABP.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.22
5-year avg
2.68
10-year avg
3.23
Abacus Property Group’s Current Ratio is greater than Charter Hall Retail REIT (1.11), greater than Charter Hall Group (2.10), greater than Growthpoint Properties Australia (0.21), less than Cromwell Property Group (2.89), greater than Dexus (0.95),
Company | Current Ratio | Market cap |
---|---|---|
1.11 | $1.86B | |
2.10 | $6.99B | |
0.21 | $1.85B | |
2.89 | $1.02B | |
0.95 | $7.25B |
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