InterRent Real Estate Investment Trust

InterRent Real Estate Investment Trustverified

IIP-UN.TO

Price:

$12.96

Market Cap:

$1.91B

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions. InterRent's primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and n...[Read more]

Industry

REIT - Residential

IPO Date

2001-10-05

Stock Exchange

TSX

Ticker

IIP-UN.TO

The Current Ratio as of September 2024 (TTM) for InterRent Real Estate Investment Trust (IIP-UN.TO) is 0.05

According to InterRent Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0.05. This represents a change of 18.78% compared to the average of 0.04 of the last 4 quarters.

InterRent Real Estate Investment Trust (IIP-UN.TO) Historical Current Ratio (quarterly & annually)

How has IIP-UN.TO Current Ratio performed in the past?

The mean historical Current Ratio of InterRent Real Estate Investment Trust over the last ten years is 0.49. The current 0.05 Current Ratio has changed 862.22% with respect to the historical average. Over the past ten years (40 quarters), IIP-UN.TO's Current Ratio was at its highest in in the June 2020 quarter at 5.32. The Current Ratio was at its lowest in in the September 2023 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.49

Median

0.28

Minimum

0.03

Maximum

2.41

InterRent Real Estate Investment Trust (IIP-UN.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of InterRent 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 = 1.37%

Maximum Annual Current Ratio = 2.41

Minimum Annual Increase = -90.50%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.03-90.50%
20220.3527.35%
20210.27-88.63%
20202.411.37%
20190.16-49.04%
20180.3253.09%
20170.211.82%
20160.21-66.49%
20150.61113.55%
20140.29-19.14%

InterRent Real Estate Investment Trust (IIP-UN.TO) Average Current Ratio

How has IIP-UN.TO Current Ratio performed in the past?

The current Current Ratio of InterRent Real Estate Investment Trust (IIP-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

0.22

5-year avg

0.65

10-year avg

0.49

InterRent Real Estate Investment Trust (IIP-UN.TO) Current Ratio vs. Peers

How is IIP-UN.TO’s Current Ratio compared to its peers?

InterRent Real Estate Investment Trust’s Current Ratio is less than Killam Apartment REIT (0.10), less than Canadian Apartment Properties Real Estate Investment Trust (0.36), less than Granite Real Estate Investment Trust (0.35), less than Boardwalk Real Estate Investment Trust (0.23), less than Allied Properties Real Estate Investment Trust (0.45),

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