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Rouse Properties (Rouse Properties) Net Current Asset Value : $-32.68 (As of Mar. 2016)


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What is Rouse Properties 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).

Rouse Properties's net current asset value per share for the quarter that ended in Mar. 2016 was $-32.68.

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

RSE's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.47
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Rouse Properties Net Current Asset Value Historical Data

The historical data trend for Rouse Properties'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.

Rouse Properties Net Current Asset Value Chart

Rouse Properties Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Current Asset Value
Get a 7-Day Free Trial -19.71 -20.24 -27.20 -25.72 -31.50

Rouse Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Net Current Asset Value 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 Premium Member Only Premium Member Only -25.46 -26.80 -27.38 -31.50 -32.68

Competitive Comparison of Rouse Properties's Net Current Asset Value

For the REIT - Retail subindustry, Rouse Properties'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.


Rouse Properties's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

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

* The bar in red indicates where Rouse Properties's Price-to-Net-Current-Asset-Value falls into.



Rouse Properties Net Current Asset Value Calculation

Rouse Properties's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2015 is calculated as

Net Current Asset Value Per Share(A: Dec. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(188.749-1994.754-14.851-0)/57.7975
=-31.50

Rouse Properties's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2016 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2016 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(128.677-2005.883-14.484-0)/57.882
=-32.68

* 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.


Rouse Properties  (NYSE:RSE) 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.


Rouse Properties Net Current Asset Value Related Terms

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Rouse Properties (Rouse Properties) Business Description

Traded in Other Exchanges
N/A
Address
Rouse Properties Inc was incorporated in Delaware in August 2011. The Company is a real estate investment trust. It owns and manages regional malls in protected markets in the United States. The Company operates through retail segment, which includes the operation, development and management of regional malls. It has a portfolio, including approximately 40 malls and retail centers in over 20 states totaling over 24.9 million square feet of retail space. Its properties include Animas Valley Mall located in Farmington, New Mexico; Bayshore Mall located in Eureka, California; Birchwood Mall Port located in Huron, Michigan; Cache Valley Mall located in Logan, Utah; Three Rivers Mall located in Kelso, Washington; Valley Hills Mall located in Hickory, North Carolina, and Washington Park Mall located in Bartlesville, Oklahoma. The Company's malls are equipped by operators, including department stores, such as Dick's Sporting Goods and Target; mall shop tenants, such as Francesca's, Justice and Ulta; restaurants, such as Chick-fil-A and Starbucks, and movie theaters, such as Cinemark and Regal.
Executives
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Partners Ltd 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Us Corp 10 percent owner THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 11TH FLOOR, NEW YORK NY 10281
Brookfield Us Holdings Inc. 10 percent owner THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 11TH FLOOR, NEW YORK NY 10281
Brookfield Holdings Canada Inc. 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Property Partners Ltd 10 percent owner 73 FRONT STREET 5TH FLOOR HAMILTON D0 HM 12
Brookfield Retail Holdings Iv-c Sub Ii Llc other: See footnotes (1)(2)(3) 250 VESEY STREET, 15TH FLOOR NEW YORK NY 10281
Brookfield Retail Holdings Iv-d Sub Ii Llc other: See footnotes (1)(2)(3) 250 VESEY STREET, 15TH FLOOR NEW YORK NY 10281
Brookfield Retail Holdings Iv-a Sub Ii Llc other: See footnotes (1)(2)(3) 250 VESEY STREET, 15TH FLOOR NEW YORK NY 10281
Brookfield Retail Holdings Iii Sub Ii Llc other: See footnotes (1)(2)(3) 250 VESEY STREET, 15TH FLOOR NEW YORK NY 10281
Brookfield Retail Holdings Iv-b Sub Ii Llc other: See footnotes (1)(2)(3) 250 VESEY STREET, 15TH FLOOR NEW YORK NY 10281
Brookfield Retail Holdings Ii Sub Iii Llc other: See footnotes (1)(2)(3) 250 VESEY STREET, 15TH FLOOR NEW YORK NY 10281
Michael Hegarty director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON STREET, BOSTON MA 02116
Brian Harper officer: CHIEF OPERATING OFFICER C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Benjamin Schall officer: Chief Operating Officer 261 BROADWAY, NO.11B, NEW YORK NY 10007

Rouse Properties (Rouse Properties) Headlines

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