PLYM
Price:
$21.98
Market Cap:
$979.23M
Plymouth Industrial REIT, Inc. functions as a fully integrated, self-managed real estate investment trust. The company primarily concentrates on acquiring and managing industrial properties, which can accommodate either single or multiple tenants, situated in a strategic combination of secondary and carefully chosen primary markets throughout the United States. Its goal is to procure assets that offer both consistent income and potential for growth, utilizing its extensive real estate operational knowledge. This approach allows Plymouth Industrial REIT to elevate shareholder value through diligent asset oversight, strategic property enhancements, and judicious capital allocation.
Industry
REIT - Industrial
IPO Date
2017-06-09
Stock Exchange
NYSE
Ticker
PLYM
According to Plymouth Industrial REIT, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of -43.27% compared to the average of 0.24 of the last 4 quarters.
The mean historical Current Ratio of Plymouth Industrial REIT, Inc. over the last ten years is 0.63. The current 0.13 Current Ratio has changed 2.05% with respect to the historical average. Over the past ten years (40 quarters), PLYM's Current Ratio was at its highest in in the June 2017 quarter at 5.91. The Current Ratio was at its lowest in in the June 2016 quarter at 0.
Average
0.63
Median
0.54
Minimum
0.12
Maximum
1.84
Discovering the peaks and valleys of Plymouth Industrial REIT, 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 = 1.46%
Maximum Annual Current Ratio = 1.84
Minimum Annual Increase = -88.04%
Minimum Annual Current Ratio = 0.12
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.42 | 42.26% |
| 2023 | 0.30 | 41.99% |
| 2022 | 0.21 | -70.84% |
| 2021 | 0.71 | 210.05% |
| 2020 | 0.23 | -65.01% |
| 2019 | 0.66 | -3.33% |
| 2018 | 0.68 | -38.34% |
| 2017 | 1.10 | -39.89% |
| 2016 | 1.84 | 1.46% |
| 2015 | 0.12 | -88.04% |
The current Current Ratio of Plymouth Industrial REIT, Inc. (PLYM) 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
0.31
5-year avg
0.37
10-year avg
0.63
Plymouth Industrial REIT, Inc.’s Current Ratio is less than Safehold Inc. (18.82), greater than Two Harbors Investment Corp. (0.09), greater than Chimera Investment Corporation (0.08), less than MFA Financial, Inc. (4.57), less than City Office REIT, Inc. (0.34), less than CBL & Associates Properties, Inc. (0.48), less than PennyMac Mortgage Investment Trust (0.20), less than Piedmont Office Realty Trust, Inc. (0.84),
| Company | Current Ratio | Market cap |
|---|---|---|
| 18.82 | $1.12B | |
| 0.09 | $1.29B | |
| 0.08 | $1.12B | |
| 4.57 | $954.58M | |
| 0.34 | $282.14M | |
| 0.48 | $1.48B | |
| 0.20 | $884.23M | |
| 0.84 | $1.14B |
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How does the current Current Ratio for Plymouth Industrial REIT, Inc. (PLYM) compare to its historical average?