IIP-UN.TO
Price:
$11.25
Market Cap:
$1.66B
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
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.
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.
Average
0.49
Median
0.28
Minimum
0.03
Maximum
2.41
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
Year | Current Ratio | Change |
---|---|---|
2023 | 0.03 | -90.50% |
2022 | 0.35 | 27.35% |
2021 | 0.27 | -88.63% |
2020 | 2.41 | 1.37% |
2019 | 0.16 | -49.04% |
2018 | 0.32 | 53.09% |
2017 | 0.21 | 1.82% |
2016 | 0.21 | -66.49% |
2015 | 0.61 | 113.55% |
2014 | 0.29 | -19.14% |
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’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), greater than Allied Properties Real Estate Investment Trust (0),
Company | Current Ratio | Market cap |
---|---|---|
0.10 | $2.21B | |
0.36 | $7.74B | |
0.35 | $4.69B | |
0.23 | $3.56B | |
0 | $2.55B |
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