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Ground Rentsome Fund (LSE:GRIO) Net Current Asset Value : £0.00 (As of Sep. 2022)


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What is Ground Rentsome Fund Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Ground Rentsome Fund's net current asset value per share for the quarter that ended in Sep. 2022 was £0.00.

The historical rank and industry rank for Ground Rentsome Fund's Net Current Asset Value or its related term are showing as below:

LSE:GRIO's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.5
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Ground Rentsome Fund Net Current Asset Value Historical Data

The historical data trend for Ground Rentsome Fund's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ground Rentsome Fund Net Current Asset Value Chart

Ground Rentsome Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Net Current Asset Value
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Ground Rentsome Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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Competitive Comparison of Ground Rentsome Fund's Net Current Asset Value

For the REIT - Diversified subindustry, Ground Rentsome Fund's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ground Rentsome Fund's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ground Rentsome Fund's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Ground Rentsome Fund's Price-to-Net-Current-Asset-Value falls into.



Ground Rentsome Fund Net Current Asset Value Calculation

Ground Rentsome Fund's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(A: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-23.713-0-0)/95.6676
=N/A

Ground Rentsome Fund's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-23.713-0-0)/95.6676
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ground Rentsome Fund  (LSE:GRIO) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Ground Rentsome Fund Net Current Asset Value Related Terms

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Ground Rentsome Fund (LSE:GRIO) Business Description

Traded in Other Exchanges
N/A
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Ground Rents Income Fund PLC is a closed-ended real estate investment trust. It is involved in ground rents which include freeholds and leaseholds of residential, retail, and commercial. Its investment objective is to provide secure long-term performance through investment in long-dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. It also offers a commission on insurance policies. The majority of the revenue is earned by the income received from the ground rent.

Ground Rentsome Fund (LSE:GRIO) Headlines

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