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Dream Residential REIT (TSX:DRR.U) Net Cash per Share : $-10.08 (As of Mar. 2024)


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What is Dream Residential REIT 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). Dream Residential REIT's Net Cash per Share for the quarter that ended in Mar. 2024 was $-10.08.

The historical rank and industry rank for Dream Residential REIT's Net Cash per Share or its related term are showing as below:

TSX:DRR.U's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 20.98
* Ranked among companies with meaningful Price-to-Net-Cash only.

Dream Residential REIT Net Cash per Share Historical Data

The historical data trend for Dream Residential REIT'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.

* Premium members only.

Dream Residential REIT Net Cash per Share Chart

Dream Residential REIT Annual Data
Trend Dec22 Dec23
Net Cash per Share
-14.21 -14.47

Dream Residential REIT Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial -14.21 -15.57 -15.30 -14.47 -10.08

Competitive Comparison of Dream Residential REIT's Net Cash per Share

For the REIT - Residential subindustry, Dream Residential REIT'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.


Dream Residential REIT's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Residential REIT's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Dream Residential REIT's Price-to-Net-Cash falls into.



Dream Residential REIT 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.

Dream Residential REIT'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)
=(10.943-193.894-0)/12.6453
=-14.47

Dream Residential REIT's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.124-169.758-0)/15.9314
=-10.08

* 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.


Dream Residential REIT  (TSX:DRR.U) 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.


Dream Residential REIT Net Cash per Share Related Terms

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Dream Residential REIT (TSX:DRR.U) Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.

Dream Residential REIT (TSX:DRR.U) Headlines

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