8968.T
Price:
$184900
Market Cap:
$161.23B
Fukuoka REIT Corporation (securities code: 8968) is the first region-specific REIT in Japan. With our strength in knowing the local characteristics of real estate, which is a very regional-specific business, Fukuoka REIT manages a portfolio centering on superior design entertainment retail facilities and Class A office buildings in the entire Kyushu region centering on Fukuoka, Yamaguchi and Okinawa prefectures. Fukuoka REIT was registered in August 2004 and listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange on June 21, 2005. Real estate management, acquisition arrangements of new properties, fund raising and other operations are contracted to its asset manager, Fukuoka Realty Co....[Read more]
Industry
REIT - Diversified
IPO Date
2005-09-29
Stock Exchange
JPX
Ticker
8968.T
According to Fukuoka REIT Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.16. This represents a change of 41.91% compared to the average of 1.52 of the last 4 quarters.
The mean historical Current Ratio of Fukuoka REIT Corporation over the last ten years is 1.10. The current 2.16 Current Ratio has changed 19.49% with respect to the historical average. Over the past ten years (40 quarters), 8968.T's Current Ratio was at its highest in in the February 2020 quarter at 2.66. The Current Ratio was at its lowest in in the August 2016 quarter at 0.35.
Average
1.10
Median
1.09
Minimum
0.35
Maximum
2.47
Discovering the peaks and valleys of Fukuoka REIT Corporation 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 = 120.05%
Maximum Annual Current Ratio = 2.47
Minimum Annual Increase = -55.54%
Minimum Annual Current Ratio = 0.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.37 | 25.47% |
| 2023 | 1.09 | 2.58% |
| 2022 | 1.06 | -14.02% |
| 2021 | 1.24 | 12.78% |
| 2020 | 1.10 | -55.54% |
| 2019 | 2.47 | 99.77% |
| 2018 | 1.23 | 120.05% |
| 2017 | 0.56 | 60.98% |
| 2016 | 0.35 | -39.58% |
| 2015 | 0.58 | -28.29% |
The current Current Ratio of Fukuoka REIT Corporation (8968.T) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.17
5-year avg
1.17
10-year avg
1.10
Fukuoka REIT Corporation’s Current Ratio is greater than Star Asia Investment Corporation (0.65), greater than NIPPON REIT Investment Corporation (0.67), greater than Tokyu REIT, Inc. (0.38), greater than Heiwa Real Estate REIT, Inc. (0.93), greater than NTT UD REIT Investment Corporation (0), less than Tosei Corporation (6.70), greater than Mitsubishi Estate Logistics REIT Investment Corporation (1.00), greater than Global One Real Estate Investment Corp. (0), greater than Hoshino Resorts REIT, Inc. (0.97), greater than Heiwa Real Estate Co., Ltd. (1.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.65 | $163.37B | |
| 0.67 | $174.01B | |
| 0.38 | $195.45B | |
| 0.93 | $188.73B | |
| 0 | $201.90B | |
| 6.70 | $156.99B | |
| 1.00 | $192.61B | |
| 0 | $139.01B | |
| 0.97 | $145.35B | |
| 1.45 | $146.32B |
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