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AHOTF (American Hotelome Properties REIT LP) Net-Net Working Capital : $-8.39 (As of Sep. 2024)


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What is American Hotelome Properties REIT LP Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

American Hotelome Properties REIT LP's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-8.39.

The industry rank for American Hotelome Properties REIT LP's Net-Net Working Capital or its related term are showing as below:

AHOTF's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 13.74
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

American Hotelome Properties REIT LP Net-Net Working Capital Historical Data

The historical data trend for American Hotelome Properties REIT LP's Net-Net Working Capital 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.

American Hotelome Properties REIT LP Net-Net Working Capital Chart

American Hotelome Properties REIT LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.20 -10.49 -10.16 -9.57 -9.34

American Hotelome Properties REIT LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net-Net Working Capital 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 -9.39 -9.34 -9.17 -9.09 -8.39

Competitive Comparison of American Hotelome Properties REIT LP's Net-Net Working Capital

For the REIT - Hotel & Motel subindustry, American Hotelome Properties REIT LP's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


American Hotelome Properties REIT LP's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Hotelome Properties REIT LP's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where American Hotelome Properties REIT LP's Price-to-Net-Net-Working-Capital falls into.



American Hotelome Properties REIT LP Net-Net Working Capital Calculation

American Hotelome Properties REIT LP's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.798+0.75 * 12.474+0.5 * 0-721.937
-0-43.57)/79.0264
=-9.34

American Hotelome Properties REIT LP's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(25.811+0.75 * 6.436+0.5 * 0-651.801
-0-43.57)/79.2336
=-8.39

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.


American Hotelome Properties REIT LP  (OTCPK:AHOTF) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


American Hotelome Properties REIT LP Net-Net Working Capital Related Terms

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American Hotelome Properties REIT LP Business Description

Traded in Other Exchanges
Address
800 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.