Uniti Group Inc.

Uniti Group Inc.verified

UNIT

Price:

$5.26

Market Cap:

$1.28B

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry. As of September 30, 2020, Uniti owns 6.7 million fiber strand miles and other communications real estate throughout the United States.[Read more]

Industry

REIT - Specialty

IPO Date

2015-04-20

Stock Exchange

NASDAQ

Ticker

UNIT

The Current Ratio as of September 2024 (TTM) for Uniti Group Inc. (UNIT) is 0.18

According to Uniti Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.18. This represents a change of 33.13% compared to the average of 0.14 of the last 4 quarters.

Uniti Group Inc. (UNIT) Historical Current Ratio (quarterly & annually)

How has UNIT Current Ratio performed in the past?

The mean historical Current Ratio of Uniti Group Inc. over the last ten years is 0.39. The current 0.18 Current Ratio has changed 4.60% with respect to the historical average. Over the past ten years (40 quarters), UNIT's Current Ratio was at its highest in in the September 2014 quarter at 2.35. The Current Ratio was at its lowest in in the September 2021 quarter at 0.08.

Quarterly (TTM)
Annual

Average

0.39

Median

0.18

Minimum

0.09

Maximum

1.53

Uniti Group Inc. (UNIT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Uniti Group Inc. 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 = 43.62%

Maximum Annual Current Ratio = 1.53

Minimum Annual Increase = -60.75%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.1343.62%
20220.098.09%
20210.09-39.74%
20200.14-13.16%
20190.16-23.22%
20180.216.09%
20170.20-60.75%
20160.51-37.15%
20150.81-47.16%
20141.53-38.55%

Uniti Group Inc. (UNIT) Average Current Ratio

How has UNIT Current Ratio performed in the past?

The current Current Ratio of Uniti Group Inc. (UNIT) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.10

5-year avg

0.12

10-year avg

0.39

Uniti Group Inc. (UNIT) Current Ratio vs. Peers

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

Uniti Group Inc.’s Current Ratio is less than Digital Realty Trust, Inc. (0.83), less than Iron Mountain Incorporated (0.79), less than Gaming and Leisure Properties, Inc. (8.29), less than Crown Castle Inc. (0.43), less than Equinix, Inc. (1.22), less than Lamar Advertising Company (0.41), less than Rayonier Inc. (1.98), less than EPR Properties (4.06), less than AFC Gamma, Inc. (8.27), less than NewLake Capital Partners, Inc. (0.94), less than Power REIT (1.24), less than Outfront Media Inc. (0.67), less than Farmland Partners Inc. (0.97), less than American Tower Corporation (0.60), less than Gladstone Land Corporation (3.42), less than SBA Communications Corporation (0.19),

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