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Schroder European Real Estate Investment Trust (CHIX:SEREL) Net-Net Working Capital : £-0.33 (As of Sep. 2024)


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What is Schroder European Real Estate Investment Trust 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.

Schroder European Real Estate Investment Trust's Net-Net Working Capital for the quarter that ended in Sep. 2024 was £-0.33.

The industry rank for Schroder European Real Estate Investment Trust's Net-Net Working Capital or its related term are showing as below:

CHIX:SEREl's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 13.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Schroder European Real Estate Investment Trust Net-Net Working Capital Historical Data

The historical data trend for Schroder European Real Estate Investment Trust'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.

Schroder European Real Estate Investment Trust Net-Net Working Capital Chart

Schroder European Real Estate Investment Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -0.22 -0.31 -0.33 -0.33

Schroder European Real Estate Investment Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 -0.31 -0.33 -0.33 -0.33 -0.33

Competitive Comparison of Schroder European Real Estate Investment Trust's Net-Net Working Capital

For the REIT - Diversified subindustry, Schroder European Real Estate Investment Trust'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.


Schroder European Real Estate Investment Trust's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Schroder European Real Estate Investment Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Schroder European Real Estate Investment Trust's Price-to-Net-Net-Working-Capital falls into.


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Schroder European Real Estate Investment Trust Net-Net Working Capital Calculation

Schroder European Real Estate Investment Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2024 is calculated as

Net-Net Working Capital(A: Sep. 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)
=(22.959+0+0.75 * 0+0.5 * 0-67.167
-0-0)/133.735
=-0.33

Schroder European Real Estate Investment Trust'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 )
=(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)
=(22.959+0+0.75 * 0+0.5 * 0-67.167
-0-0)/133.735
=-0.33

* 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.


Schroder European Real Estate Investment Trust  (CHIX:SEREl) 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.


Schroder European Real Estate Investment Trust Net-Net Working Capital Related Terms

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Schroder European Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder European Real Estate Investment Trust PLC is a closed-ended real estate investment company. The investment objective of the company is to provide Shareholders with a regular and attractive level of income return together with the potential for long-term income and capital growth through investing in commercial real estate in Continental Europe. The company may invest directly in real estate assets both listed and unlisted or through investment in special purpose vehicles, partnerships, trusts, or other structures. The group is engaged in a single segment of business, property investment, and in one geographical area, continental Europe.

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