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TPG RE Finance Trust (TPG RE Finance Trust) Net Current Asset Value : $0.00 (As of Mar. 2024)


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What is TPG RE Finance Trust 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).

TPG RE Finance Trust's net current asset value per share for the quarter that ended in Mar. 2024 was $0.00.

The historical rank and industry rank for TPG RE Finance Trust's Net Current Asset Value or its related term are showing as below:

TRTX'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.

TPG RE Finance Trust Net Current Asset Value Historical Data

The historical data trend for TPG RE Finance Trust'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.

TPG RE Finance Trust Net Current Asset Value Chart

TPG RE Finance Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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TPG RE Finance Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of TPG RE Finance Trust's Net Current Asset Value

For the REIT - Mortgage subindustry, TPG RE Finance Trust'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.


TPG RE Finance Trust's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

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

* The bar in red indicates where TPG RE Finance Trust's Price-to-Net-Current-Asset-Value falls into.



TPG RE Finance Trust Net Current Asset Value Calculation

TPG RE Finance Trust's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-3089.527-0-0.008)/77.8686
=N/A

TPG RE Finance Trust's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-2708.434-0-0.008)/77.8724
=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.


TPG RE Finance Trust  (NYSE:TRTX) 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.


TPG RE Finance Trust Net Current Asset Value Related Terms

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TPG RE Finance Trust (TPG RE Finance Trust) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, 35th Floor, New York, NY, USA, 10106
TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation.
Executives
Robert Foley officer: CFO & Chief Risk Officer 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Deborah J. Ginsberg officer: Vice President & Secretary 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Julie Hong Clayton director C/O TPG PACE TECH OPPORTUNITIES CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Doug Bouquard director, officer: Chief Executive Officer 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Brandon C Fox officer: Chief Accounting Officer 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
China Investment Corp 10 percent owner NEW POLY PLAZA, NO. 1 CHAOYANGMEN BEIDAJIE, DONGCHENG, BEIJING F4 100010
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs) Advisors, Inc. 10 percent owner C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Todd Schuster director C/O TPG RE FINANCE TRUST, INC., 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106
Starwood Xi Management Gp, L.l.c. 10 percent owner 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Pe Holder, L.l.cc 10 percent owner 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Bss Scg Gp Holdings, Llc 10 percent owner 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Starwood Capital Group Holdings Gp, L.l.c. 10 percent owner 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Scgg Ii Gp, L.l.c. 10 percent owner 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139