Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Net-Net Working Capital : $-66.47 (As of Dec. 2023)

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What is Dream Office Real Estate Investment Trust Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Dream Office Real Estate Investment Trust's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-66.47.

The industry rank for Dream Office Real Estate Investment Trust's Net-Net Working Capital or its related term are showing as below:

DRETF's Price-to-Net-Net-Working-Capital is not ranked ^*
in the REITs industry.
Industry Median: 10.435
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Dream Office Real Estate Investment Trust Net-Net Working Capital Historical Data

The historical data trend for Dream Office Real Estate Investment Trust's Net-Net Working Capital 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.

Dream Office Real Estate Investment Trust Net-Net Working Capital Chart

Dream Office Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net-Net Working Capital

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-36.05

-42.38

-48.98

-48.71

-66.47

Dream Office Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net-Net Working Capital	Get a 7-Day Free Trial															-48.71	-45.60	-66.18	-64.44	-66.47

Competitive Comparison of Dream Office Real Estate Investment Trust's Net-Net Working Capital

For the REIT - Office subindustry, Dream Office Real Estate Investment Trust's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.

Dream Office Real Estate Investment Trust's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Office Real Estate Investment Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Dream Office Real Estate Investment Trust's Price-to-Net-Net-Working-Capital falls into.

Dream Office Real Estate Investment Trust Net-Net Working Capital Calculation

Dream Office Real Estate Investment Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

	Net-Net Working Capital		(A: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(9.893	+	0.75 * 0.057	+	0.5 * 0	-	1094.23
-	0	-	0)	/	16.3132
=	-66.47

Dream Office Real Estate Investment Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

	Net-Net Working Capital		(Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(9.893	+	0.75 * 0.057	+	0.5 * 0	-	1094.23
-	0	-	0)	/	16.3132
=	-66.47

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.

This is a conservative way of estimating the company's value.

Dream Office Real Estate Investment Trust (OTCPK:DRETF) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.

Dream Office Real Estate Investment Trust Net-Net Working Capital Related Terms

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Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Business Description

Industry

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Traded in Other Exchanges

D.UN:Canada

Address

30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.