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Xior Student Housing NV (XBRU:XIOR) Net-Net Working Capital : €-48.74 (As of Dec. 2023)


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What is Xior Student Housing NV 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.

Xior Student Housing NV's Net-Net Working Capital for the quarter that ended in Dec. 2023 was €-48.74.

The industry rank for Xior Student Housing NV's Net-Net Working Capital or its related term are showing as below:

XBRU:XIOR'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.

Xior Student Housing NV Net-Net Working Capital Historical Data

The historical data trend for Xior Student Housing NV'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.

Xior Student Housing NV Net-Net Working Capital Chart

Xior Student Housing NV Annual Data
Trend Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -33.84 -44.94 -38.84 -49.46 -48.74

Xior Student Housing NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.84 -43.82 -49.46 -53.67 -48.74

Competitive Comparison of Xior Student Housing NV's Net-Net Working Capital

For the REIT - Diversified subindustry, Xior Student Housing NV'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.


Xior Student Housing NV's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Xior Student Housing NV's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Xior Student Housing NV's Price-to-Net-Net-Working-Capital falls into.



Xior Student Housing NV Net-Net Working Capital Calculation

Xior Student Housing NV'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)
=(13.768+0.75 * 3.968+0.5 * 0-1879.197
-0-0.777)/38.2278
=-48.74

Xior Student Housing NV'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)
=(13.768+0.75 * 3.968+0.5 * 0-1879.197
-0-0.777)/38.2278
=-48.74

* 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.

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. 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.


Xior Student Housing NV  (XBRU:XIOR) 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.


Xior Student Housing NV Net-Net Working Capital Related Terms

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Xior Student Housing NV (XBRU:XIOR) Business Description

Traded in Other Exchanges
Address
Mechelsesteenweg 34, Box 108, Antwerpen, BEL, 2018
Xior Student Housing NV is a real estate company specialized in the student housing sector operating in Belgium, the Netherlands, Spain and Portugal. It offers a variety of properties, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. The company also offers additional facilities, including access to certain buildings via a badge system, extra comfort, communal living facilities such as lounges and TV rooms, 24/7 emergency services, vending machines, washing machines, automated key systems and so on. The company mainly operates in Belgium and the Netherlands.

Xior Student Housing NV (XBRU:XIOR) Headlines

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