NLCP
Price:
$15.27
Market Cap:
$314.21M
NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Founded in 2019, it is a triple-net lease REIT that acquires industrial and retail properties through sale-leaseback transactions, third-party purchases and build-to-suit projects. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs.
Industry
REIT - Specialty
IPO Date
2021-08-20
Stock Exchange
OTC
Ticker
NLCP
According to NewLake Capital Partners, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 370.08. This represents a change of -17.60% compared to the average of 449.10 of the last 4 quarters.
The mean historical Current Ratio of NewLake Capital Partners, Inc. over the last ten years is 73.37. The current 370.08 Current Ratio has changed 50.34% with respect to the historical average. Over the past ten years (40 quarters), NLCP's Current Ratio was at its highest in in the September 2025 quarter at 1.42K. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
73.37
Median
6.42
Minimum
0.92
Maximum
370.08
Discovering the peaks and valleys of NewLake Capital Partners, 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 = 39.95%
Maximum Annual Current Ratio = 370.08
Minimum Annual Increase = -94.66%
Minimum Annual Current Ratio = 0.92
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 370.08 | 39.95% |
| 2024 | 0.92 | -71.15% |
| 2023 | 3.20 | 29.68% |
| 2022 | 2.47 | -75.53% |
| 2021 | 10.10 | 57.17% |
| 2020 | 6.42 | -94.66% |
The current Current Ratio of NewLake Capital Partners, Inc. (NLCP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
124.73
5-year avg
77.35
10-year avg
73.37
NewLake Capital Partners, Inc.’s Current Ratio is greater than BTB Real Estate Investment Trust (0.09), greater than Morguard Real Estate Investment Trust (0.04), greater than Dream Office Real Estate Investment Trust (0.25), greater than Plaza Retail REIT (0.12), greater than Agile Group Holdings Limited (0.86), greater than Nam Tai Property Inc. (10.33), greater than Mediterranean Towers Ltd. (0.17), greater than Firm Capital Property Trust (0.13), greater than Prosperity Real Estate Investment Trust (0.05), greater than LSL Property Services plc (2.25),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.09 | $265.07M | |
| 0.04 | $321.54M | |
| 0.25 | $191.53M | |
| 0.12 | $355.60M | |
| 0.86 | $162.48M | |
| 10.33 | $314.85M | |
| 0.17 | $325.88M | |
| 0.13 | $160.63M | |
| 0.05 | $228.77M | |
| 2.25 | $324.55M |
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