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Devant Properties Fundo De Investimento Imobiliario (BSP:DPRO11) Net-Net Working Capital : R$0.04 (As of Dec. 2024)


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What is Devant Properties Fundo De Investimento Imobiliario 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.

Devant Properties Fundo De Investimento Imobiliario's Net-Net Working Capital for the quarter that ended in Dec. 2024 was R$0.04.

The industry rank for Devant Properties Fundo De Investimento Imobiliario's Net-Net Working Capital or its related term are showing as below:

BSP:DPRO11's Price-to-Net-Net-Working-Capital is ranked worse than
88.52% of 122 companies
in the REITs industry
Industry Median: 15.39 vs BSP:DPRO11: 160.00

Devant Properties Fundo De Investimento Imobiliario Net-Net Working Capital Historical Data

The historical data trend for Devant Properties Fundo De Investimento Imobiliario'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.

Devant Properties Fundo De Investimento Imobiliario Net-Net Working Capital Chart

Devant Properties Fundo De Investimento Imobiliario Annual Data
Trend Dec23 Dec24
Net-Net Working Capital
0.03 0.04

Devant Properties Fundo De Investimento Imobiliario Semi-Annual Data
Dec23 Dec24
Net-Net Working Capital 0.03 0.04

Competitive Comparison of Devant Properties Fundo De Investimento Imobiliario's Net-Net Working Capital

For the REIT - Industrial subindustry, Devant Properties Fundo De Investimento Imobiliario'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.


Devant Properties Fundo De Investimento Imobiliario's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Devant Properties Fundo De Investimento Imobiliario's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Devant Properties Fundo De Investimento Imobiliario's Price-to-Net-Net-Working-Capital falls into.


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Devant Properties Fundo De Investimento Imobiliario Net-Net Working Capital Calculation

Devant Properties Fundo De Investimento Imobiliario's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.597+0+0.75 * 0+0.5 * 0-0.383
-0-0)/5.003
=0.04

Devant Properties Fundo De Investimento Imobiliario's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.597+0+0.75 * 0+0.5 * 0-0.383
-0-0)/5.003
=0.04

* 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.


Devant Properties Fundo De Investimento Imobiliario  (BSP:DPRO11) 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.


Devant Properties Fundo De Investimento Imobiliario Net-Net Working Capital Related Terms

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Devant Properties Fundo De Investimento Imobiliario Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
195 Fidencio Ramos Street, Block 44, Vila Olimpia, SP, BRA, CEP 04551-010
Devant Properties Fundo De Investimento Imobiliario is a real estate investment fund company. The company earns income and capital gains from investments in financial assets.

Devant Properties Fundo De Investimento Imobiliario Headlines

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