AMREP Corporation

AMREP Corporationverified

AXR

Price:

$37.2

Market Cap:

$196.69M

AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company operates through two segments, Land Development and Homebuilding. The company sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. As of July 1, 2022, it owned approximately 17,000 acres in Sandoval County, New Mexico. The company owns an approximately 160-acre property in Brighton, Colorado. It also owns mineral interests covering an area of approximately 55,000 surface acres of land in Sandoval County, New Mexico; and owns oil, gas, and minerals and mineral interests covering an area of approximately 147 surface acres of land in...[Read more]

Industry

Real Estate - Development

IPO Date

1973-05-03

Stock Exchange

NYSE

Ticker

AXR

The Current Ratio as of November 2024 (TTM) for AMREP Corporation (AXR) is 283.76

According to AMREP Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 283.76. This represents a change of 230.85% compared to the average of 85.77 of the last 4 quarters.

AMREP Corporation (AXR) Historical Current Ratio (quarterly & annually)

How has AXR Current Ratio performed in the past?

The mean historical Current Ratio of AMREP Corporation over the last ten years is 17.14. The current 283.76 Current Ratio has changed 165.43% with respect to the historical average. Over the past ten years (40 quarters), AXR's Current Ratio was at its highest in in the July 2024 quarter at 283.76. The Current Ratio was at its lowest in in the October 2014 quarter at 3.44.

Quarterly (TTM)
Annual

Average

17.14

Median

17.63

Minimum

8.58

Maximum

24.67

AMREP Corporation (AXR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of AMREP Corporation 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 = 693.19%

Maximum Annual Current Ratio = 24.67

Minimum Annual Increase = -51.60%

Minimum Annual Current Ratio = 8.58

Quarterly (TTM)
Annual
YearCurrent RatioChange
202420.7914.66%
202318.13111.20%
20228.58-51.60%
202117.74-22.96%
202023.02-6.69%
201924.67151.52%
20189.81-44.05%
201717.536.20%
201616.5112.66%
201514.65693.19%

AMREP Corporation (AXR) Average Current Ratio

How has AXR Current Ratio performed in the past?

The current Current Ratio of AMREP Corporation (AXR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

15.83

5-year avg

17.65

10-year avg

17.14

AMREP Corporation (AXR) Current Ratio vs. Peers

How is AXR’s Current Ratio compared to its peers?

AMREP Corporation’s Current Ratio is greater than Landsea Homes Corporation (15.02), greater than Forestar Group Inc. (0), greater than Green Giant Inc. (0.70), greater than Five Point Holdings, LLC (7.95), greater than American Realty Investors, Inc. (40.57),

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