GRT-UN.TO
Price:
$74.73
Market Cap:
$4.69B
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 108 investment properties representing approximately 45.3 million square feet of leasable area.[Read more]
Industry
REIT - Industrial
IPO Date
2004-12-01
Stock Exchange
TSX
Ticker
GRT-UN.TO
According to Granite Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.35. This represents a change of -8.56% compared to the average of 0.38 of the last 4 quarters.
The mean historical Current Ratio of Granite Real Estate Investment Trust over the last ten years is 2.88. The current 0.35 Current Ratio has changed 1.12% with respect to the historical average. Over the past ten years (40 quarters), GRT-UN.TO's Current Ratio was at its highest in in the December 2018 quarter at 8.39. The Current Ratio was at its lowest in in the March 2023 quarter at 0.26.
Average
2.88
Median
2.61
Minimum
0.39
Maximum
8.39
Discovering the peaks and valleys of Granite Real Estate Investment Trust 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 = 243.28%
Maximum Annual Current Ratio = 8.39
Minimum Annual Increase = -85.07%
Minimum Annual Current Ratio = 0.39
Year | Current Ratio | Change |
---|---|---|
2023 | 0.39 | -10.69% |
2022 | 0.44 | -85.07% |
2021 | 2.96 | 30.85% |
2020 | 2.26 | -40.19% |
2019 | 3.78 | -54.91% |
2018 | 8.39 | 108.59% |
2017 | 4.02 | -6.19% |
2016 | 4.29 | 243.28% |
2015 | 1.25 | 27.66% |
2014 | 0.98 | -0.19% |
The current Current Ratio of Granite Real Estate Investment Trust (GRT-UN.TO) 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
1.27
5-year avg
1.97
10-year avg
2.88
Granite Real Estate Investment Trust’s Current Ratio is less than Canadian Apartment Properties Real Estate Investment Trust (0.36), less than Dream Industrial Real Estate Investment Trust (0.37), greater than Allied Properties Real Estate Investment Trust (0), greater than Killam Apartment REIT (0.10), greater than InterRent Real Estate Investment Trust (0.05),
Company | Current Ratio | Market cap |
---|---|---|
0.36 | $7.74B | |
0.37 | $3.67B | |
0 | $2.55B | |
0.10 | $2.21B | |
0.05 | $1.66B |
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