GMRE
Price:
$8.7
Market Cap:
$581.19M
Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.[Read more]
Industry
REIT - Healthcare Facilities
IPO Date
2016-06-30
Stock Exchange
NYSE
Ticker
GMRE
According to Global Medical REIT Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -13.32% compared to the average of 0.02 of the last 4 quarters.
The mean historical Current Ratio of Global Medical REIT Inc. over the last ten years is 1.03. The current 0.02 Current Ratio has changed 107.30% with respect to the historical average. Over the past ten years (40 quarters), GMRE's Current Ratio was at its highest in in the September 2016 quarter at 16.18. The Current Ratio was at its lowest in in the September 2024 quarter at 0.02.
Average
1.03
Median
0.05
Minimum
0.03
Maximum
6.59
Discovering the peaks and valleys of Global Medical REIT Inc. 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 = 4.82%
Maximum Annual Current Ratio = 6.59
Minimum Annual Increase = -91.98%
Minimum Annual Current Ratio = 0.03
Year | Current Ratio | Change |
---|---|---|
2023 | 2.25 | 4.82% |
2022 | 0.05 | -0.69% |
2021 | 0.05 | 17.48% |
2020 | 0.04 | -8.05% |
2019 | 0.04 | 27.09% |
2018 | 0.03 | -38.28% |
2017 | 0.05 | -91.98% |
2016 | 0.68 | -89.69% |
2015 | 6.59 | 1.20% |
2014 | 0.51 | 179.75% |
The current Current Ratio of Global Medical REIT Inc. (GMRE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.78
5-year avg
0.49
10-year avg
1.03
Global Medical REIT Inc.’s Current Ratio is less than Healthpeak Properties, Inc. (0.63), less than Healthpeak Properties, Inc. (0.63), less than Ventas, Inc. (1.24), less than National Health Investors, Inc. (72.51), less than Sabra Health Care REIT, Inc. (0.10), less than Healthcare Realty Trust Incorporated (0.59), less than CareTrust REIT, Inc. (3.80), less than Omega Healthcare Investors, Inc. (7.52), less than Universal Health Realty Income Trust (0.06), less than Community Healthcare Trust Incorporated (0.40), less than Global Medical REIT Inc. (0.02),
Company | Current Ratio | Market cap |
---|---|---|
0.63 | $9.36B | |
0.63 | $15.12B | |
1.24 | $26.65B | |
72.51 | $3.53B | |
0.10 | $4.36B | |
0.59 | $6.13B | |
3.80 | $5.68B | |
7.52 | $10.83B | |
0.06 | $562.99M | |
0.40 | $523.05M | |
0.02 | $578.37M |
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