Melcor Developments Ltd.

Melcor Developments Ltd.verified

MODVF

Price:

$9.33

Market Cap:

$396.95M

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, REIT, Investment Property, and Recreational Property segments. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages three 1...[Read more]

Industry

Real Estate - Development

IPO Date

2002-05-06

Stock Exchange

PNK

Ticker

MODVF

The Current Ratio as of November 2024 (TTM) for Melcor Developments Ltd. (MODVF) is 18.08

According to Melcor Developments Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 18.08. This represents a change of -2.86% compared to the average of 18.61 of the last 4 quarters.

Melcor Developments Ltd. (MODVF) Historical Current Ratio (quarterly & annually)

How has MODVF Current Ratio performed in the past?

The mean historical Current Ratio of Melcor Developments Ltd. over the last ten years is 19.96. The current 18.08 Current Ratio has changed 8.96% with respect to the historical average. Over the past ten years (40 quarters), MODVF's Current Ratio was at its highest in in the June 2016 quarter at 32.95. The Current Ratio was at its lowest in in the June 2024 quarter at 12.73.

Quarterly (TTM)
Annual

Average

19.96

Median

19.27

Minimum

15.01

Maximum

25.30

Melcor Developments Ltd. (MODVF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Melcor Developments Ltd. 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 = 51.62%

Maximum Annual Current Ratio = 25.30

Minimum Annual Increase = -28.58%

Minimum Annual Current Ratio = 15.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
202319.685.41%
202218.679.82%
202117.00-28.58%
202023.8015.14%
201920.6716.11%
201817.80-5.63%
201718.86-25.45%
201625.3011.16%
201522.7651.62%
201415.0118.06%

Melcor Developments Ltd. (MODVF) Average Current Ratio

How has MODVF Current Ratio performed in the past?

The current Current Ratio of Melcor Developments Ltd. (MODVF) 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

18.45

5-year avg

19.96

10-year avg

19.96

Melcor Developments Ltd. (MODVF) Current Ratio vs. Peers

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

Melcor Developments Ltd.’s Current Ratio is greater than Landsea Homes Corporation (4.63), greater than Five Point Holdings, LLC (7.95), less than AMREP Corporation (21.22), greater than American Realty Investors, Inc. (8.52), greater than Forestar Group Inc. (1.22),

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