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Inter Teva Indice De Tijolo Fundo De Investimento (BSP:ITIT11) Net Current Asset Value : R$82.30 (As of Jun. 2024)


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What is Inter Teva Indice De Tijolo Fundo De Investimento 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).

Inter Teva Indice De Tijolo Fundo De Investimento's net current asset value per share for the quarter that ended in Jun. 2024 was R$82.30.

The historical rank and industry rank for Inter Teva Indice De Tijolo Fundo De Investimento's Net Current Asset Value or its related term are showing as below:

BSP:ITIT11' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.85   Med: 0.93   Max: 0.93
Current: 0.87

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Inter Teva Indice De Tijolo Fundo De Investimento was 0.93. The lowest was 0.85. And the median was 0.93.

BSP:ITIT11's Price-to-Net-Current-Asset-Value is ranked better than
88.79% of 116 companies
in the REITs industry
Industry Median: 6.48 vs BSP:ITIT11: 0.87

Inter Teva Indice De Tijolo Fundo De Investimento Net Current Asset Value Historical Data

The historical data trend for Inter Teva Indice De Tijolo Fundo De Investimento'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.

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Inter Teva Indice De Tijolo Fundo De Investimento Net Current Asset Value Chart

Inter Teva Indice De Tijolo Fundo De Investimento Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Net Current Asset Value
85.73 76.92 86.65 82.30

Inter Teva Indice De Tijolo Fundo De Investimento Semi-Annual Data
Jun21 Jun22 Jun23 Jun24
Net Current Asset Value 85.73 76.92 86.65 82.30

Competitive Comparison of Inter Teva Indice De Tijolo Fundo De Investimento's Net Current Asset Value

For the REIT - Specialty subindustry, Inter Teva Indice De Tijolo Fundo De Investimento'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.


Inter Teva Indice De Tijolo Fundo De Investimento's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inter Teva Indice De Tijolo Fundo De Investimento's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Inter Teva Indice De Tijolo Fundo De Investimento's Price-to-Net-Current-Asset-Value falls into.


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Inter Teva Indice De Tijolo Fundo De Investimento Net Current Asset Value Calculation

Inter Teva Indice De Tijolo Fundo De Investimento's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(A: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(74.677-0.607-0-0)/0.900
=82.30

Inter Teva Indice De Tijolo Fundo De Investimento's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(74.677-0.607-0-0)/0.900
=82.30

* 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.


Inter Teva Indice De Tijolo Fundo De Investimento  (BSP:ITIT11) 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.


Inter Teva Indice De Tijolo Fundo De Investimento Net Current Asset Value Related Terms

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Inter Teva Indice De Tijolo Fundo De Investimento Business Description

Traded in Other Exchanges
N/A
Address
Joaquim Floriano, Sao Paulo, SP, BRA, 4534004
Inter Teva Indice De Tijolo Fundo De Investimento formerly IFI-E Inter Fundo DE Investimento Imobiliario - FII is a real estate investment trust. The funds participate in the investment of real estate projects.

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