Nexus Industrial REIT

Nexus Industrial REITverified

NXR-UN.TO

Price:

$8.95

Market Cap:

$633.14M

Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area. The REIT has approximately 109,910,000 units issued and outstanding. Additionally, there are Class B LP Units of subsidiary limited partnerships of Nexus REIT issued and outstanding, which are convertible into approximately 25,667,000 REIT Units.[Read more]

Industry

REIT - Industrial

IPO Date

2021-02-04

Stock Exchange

TSX

Ticker

NXR-UN.TO

The Current Ratio as of September 2024 (TTM) for Nexus Industrial REIT (NXR-UN.TO) is 0.44

According to Nexus Industrial REIT’s latest financial reports and current stock price. The company's current Current Ratio is 0.44. This represents a change of 6.82% compared to the average of 0.41 of the last 4 quarters.

Nexus Industrial REIT (NXR-UN.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Nexus Industrial REIT over the last ten years is 0.55. The current 0.44 Current Ratio has changed 7.94% with respect to the historical average. Over the past ten years (40 quarters), NXR-UN.TO's Current Ratio was at its highest in in the June 2017 quarter at 2.84. The Current Ratio was at its lowest in in the December 2018 quarter at 0.09.

Quarterly (TTM)
Annual

Average

0.55

Median

0.54

Minimum

0.09

Maximum

1.12

Nexus Industrial REIT (NXR-UN.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nexus Industrial REIT 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 = 251.54%

Maximum Annual Current Ratio = 1.12

Minimum Annual Increase = -72.40%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.37-53.87%
20220.81-27.52%
20211.1268.30%
20200.66116.53%
20190.31251.54%
20180.09-72.40%
20170.32-24.91%
20160.42-39.88%
20150.706.72%
20140.66-58.29%

Nexus Industrial REIT (NXR-UN.TO) Average Current Ratio

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

The current Current Ratio of Nexus Industrial REIT (NXR-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

0.77

5-year avg

0.65

10-year avg

0.55

Nexus Industrial REIT (NXR-UN.TO) Current Ratio vs. Peers

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

Nexus Industrial REIT’s Current Ratio is greater than Slate Grocery REIT (0.09), greater than Pro Real Estate Investment Trust (0.20), greater than True North Commercial Real Estate Investment Trust (0.14), less than Inovalis Real Estate Investment Trust (0.55), less than Slate Office REIT (0.47),

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Frequently asked questions❓

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