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Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11) Net-Net Working Capital : R$8.97 (As of Jun. 2023)


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What is Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII 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.

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Net-Net Working Capital for the quarter that ended in Jun. 2023 was R$8.97.

The industry rank for Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Net-Net Working Capital or its related term are showing as below:

BSP:RSPD11's Price-to-Net-Net-Working-Capital is ranked worse than
86.32% of 95 companies
in the REITs industry
Industry Median: 14.87 vs BSP:RSPD11: 121.52

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Net-Net Working Capital Historical Data

The historical data trend for Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII'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.

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Net-Net Working Capital Chart

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
- 463.11 177.46 1.37 8.97

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital - 463.11 177.46 1.37 8.97

Competitive Comparison of Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Net-Net Working Capital

For the REIT - Diversified subindustry, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII'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.


Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Price-to-Net-Net-Working-Capital falls into.



Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Net-Net Working Capital Calculation

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.847+0.75 * 0+0.5 * 0-1.51
-0-0)/0.14901
=8.97

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.847+0.75 * 0+0.5 * 0-1.51
-0-0)/0.14901
=8.97

* 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.


Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII  (BSP:RSPD11) 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.


Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Net-Net Working Capital Related Terms

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Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua do Rócio, 350, 14th Floor, Vila Olímpia, Sao Paulo, SP, BRA, 04552-000
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII is a real estate investment trust. The company invests in real estate assets in form of closed condominium.

Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11) Headlines

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