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Global Medical Reit inc   (GMRE)
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Global Medical Reit Inc 's Working Capital Ratio

GMRE's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 2.66 below Global Medical Reit Inc 's average Working Capital Ratio.

Within Real Estate Investment Trusts industry 34 other companies have achieved higher Working Capital Ratio than Global Medical Reit Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 817, from total ranking in the third quarter 2023 at 1074.

Explain Working Capital Ratio
How much in Current Assets GMRE´s has?
What is the value of GMRE´s Current Liabilities?


GMRE Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -7.51 % 1.53 % 29.65 % 13.17 % -23.8 %
Y / Y Current Assets Change -37.89 % 5.2 % -13.35 % -13.43 % 18.97 %
Working Capital Ratio MRQ 2.66 4.31 3.61 3.84 3.97
GMRE's Total Ranking # 817 # 1074 # 664 # 394 # 544
Seq. Current Liabilities Change -3.9 % -13.95 % 22.64 % -8.79 % 5.49 %
Seq. Current Assets Change -40.65 % 2.72 % 15.38 % -11.71 % 0.53 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Real Estate Investment Trusts Industry # 35
Financial Sector # 110
Overall Market # 817


Working Capital Ratio Statistics
High Average Low
2359.45 57.68 0.02
(Feb 29 2012)   (Jun 30 2015)




Financial Statements
Global Medical Reit Inc 's Current Liabilities $ 13 Millions Visit GMRE's Balance sheet
Global Medical Reit Inc 's Current Assets $ 34 Millions Visit GMRE's Balance sheet
Source of GMRE's Sales Visit GMRE's Sales by Geography


Cumulative Global Medical Reit Inc 's Working Capital Ratio

GMRE's Working Capital Ratio for the trailling 12 Months

GMRE Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -7.51 % 1.53 % 29.65 % 13.17 % -23.8 %
Y / Y Current Assets TTM Growth -37.89 % 5.2 % -13.35 % -13.43 % 18.97 %
Working Capital Ratio TTM 3.61 3.92 3.88 4.32 4.59
Total Ranking TTM # 930 # 774 # 1032 # 969 # 1009
Seq. Current Liabilities TTM Growth -3.9 % -13.95 % 22.64 % -8.79 % 5.49 %
Seq. Current Assets TTM Growth -40.65 % 2.72 % 15.38 % -11.71 % 0.53 %


On the trailing twelve months basis In spite of the year on year decrease in GMRE's Current Liabilities to $12.78 millions, cumulative Working Capital Ratio to 3.61 below the GMRE average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Real Estate Investment Trusts industry 34 other companies have achieved higher Working Capital Ratio than Global Medical Reit Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 774 to 930.

Explain Working Capital Ratio
How much in Current Assets GMRE´s has?
What is the value of GMRE´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Real Estate Investment Trusts Industry # 35
Financial Sector # 110
Within the Market # 930


trailing twelve months Working Capital Ratio Statistics
High Average Low
2359.45 57.68 0.02
(Feb 29 2012)   (Jun 30 2015)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Real Estate Investment Trusts Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Cim Real Estate Finance Trust Inc   7.26 $ 292.264  Millions$ 40.240  Millions
Lightstone Value Plus Reit Ii Inc   6.62 $ 45.479  Millions$ 6.871  Millions
Medalist Diversified Reit inc   6.37 $ 13.344  Millions$ 2.095  Millions
Lxp Industrial Trust  5.77 $ 334.714  Millions$ 57.981  Millions
Peakstone Realty Trust  5.35 $ 418.744  Millions$ 78.229  Millions
Douglas Emmett Inc   5.33 $ 700.058  Millions$ 131.237  Millions
Modiv Industrial Inc   4.69 $ 23.171  Millions$ 4.943  Millions
Starwood Property Trust Inc   4.59 $ 17,832.346  Millions$ 3,887.201  Millions
Netstreit Corp   4.57 $ 166.923  Millions$ 36.498  Millions
Macerich Co  4.41 $ 283.169  Millions$ 64.194  Millions
Epr Properties  4.13 $ 711.502  Millions$ 172.367  Millions
Sl green Realty corp  4.07 $ 623.597  Millions$ 153.164  Millions
Boston Properties Inc   4.06 $ 1,860.090  Millions$ 458.329  Millions
Pacific Oak Strategic Opportunity Reit Inc   4.00 $ 121.660  Millions$ 30.409  Millions
Rlj Lodging Trust  3.67 $ 542.838  Millions$ 147.819  Millions
Hines Global Income Trust Inc   3.61 $ 278.804  Millions$ 77.178  Millions
Brightspire Capital Inc   3.50 $ 298.957  Millions$ 85.501  Millions
Ready Capital Corporation  3.46 $ 593.128  Millions$ 171.445  Millions
City Office Reit Inc   3.33 $ 96.846  Millions$ 29.070  Millions
Strawberry Fields Reit Inc   3.28 $ 55.464  Millions$ 16.907  Millions
Omega Healthcare Investors inc   3.24 $ 933.082  Millions$ 287.795  Millions
Industrial Logistics Properties Trust  3.20 $ 231.511  Millions$ 72.455  Millions
Northstar Healthcare Income Inc   3.15 $ 86.595  Millions$ 27.502  Millions
Creative Media and Community Trust Corporation  3.09 $ 81.642  Millions$ 26.426  Millions
Diamondrock Hospitality Co  3.07 $ 121.595  Millions$ 39.563  Millions
Kimco Realty Corporation  2.95 $ 637.674  Millions$ 216.237  Millions
Kbs Real Estate Investment Trust Iii Inc   2.74 $ 135.860  Millions$ 49.646  Millions
Global Medical Reit inc   2.66 $ 34.031  Millions$ 12.781  Millions
Federal Realty Investment Trust  2.64 $ 461.754  Millions$ 174.714  Millions
Chatham Lodging Trust  2.48 $ 72.505  Millions$ 29.255  Millions

Date modified: 2024-02-29T16:33:46+00:00



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