Quick Ratio

The Quick Ratio measures a company's ability to pay short-term obligations using its most liquid assets, such as cash and receivables.

At 0.58x, TRNO holds $0.58 in liquid assets for every $1 of current liabilities — below 1.0x, indicating it cannot fully cover short-term debts with quick assets alone. This is stronger than the Real Estate sector median of 0.25x, placing TRNO in the 75th percentile among its peers. The year-over-year change is not available, but quarter-over-quarter the ratio dropped by 67.0% from 1.76x to 0.58x, a steep decline. While the current level remains above the sector median, the sharp quarterly deterioration signals a material increase in liquidity risk. This mixed picture — a favorable level relative to peers but a rapid negative trend — aligns with the overall NEUTRAL verdict, as the positive positioning is offset by emerging strain.

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