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Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario (BSP:TJKB11) Net Cash per Share : R$0.10 (As of Dec. 2023)


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What is Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Net Cash per Share for the quarter that ended in Dec. 2023 was R$0.10.

The historical rank and industry rank for Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Net Cash per Share or its related term are showing as below:

BSP:TJKB11' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2550.5   Med: 2625   Max: 2625
Current: 2553.1

During the past 4 years, the highest Price-to-Net-Cash Ratio of Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario was 2625.00. The lowest was 2550.50. And the median was 2625.00.

BSP:TJKB11's Price-to-Net-Cash is ranked worse than
97.92% of 96 companies
in the REITs industry
Industry Median: 21.94 vs BSP:TJKB11: 2553.10

Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Net Cash per Share Historical Data

The historical data trend for Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Net Cash per Share 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.

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Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Net Cash per Share Chart

Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Cash per Share
-0.01 -0.05 - 0.10

Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Net Cash per Share -0.01 -0.05 - 0.10

Competitive Comparison of Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Net Cash per Share

For the REIT - Diversified subindustry, Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Price-to-Net-Cash falls into.


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Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.296-0.224-0)/0.757
=0.10

Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.296-0.224-0)/0.757
=0.10

* 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.


Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario  (BSP:TJKB11) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Net Cash per Share Related Terms

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Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Unit Nations Avenue, No. 11857. Conj. 111, Brooklin Paulista, Sao Paulo, BRA, 04578-908
Tjk Renda Imobiliaria Fundo DE Investimento Imobiliario is a Real Estate Investment Trust.

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