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CURB (Curbline Properties) Net-Net Working Capital : $3.99 (As of Mar. 2025)


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What is Curbline Properties 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.

Curbline Properties's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $3.99.

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

CURB's Price-to-Net-Net-Working-Capital is ranked better than
69.3% of 114 companies
in the REITs industry
Industry Median: 15.455 vs CURB: 5.95

Curbline Properties Net-Net Working Capital Historical Data

The historical data trend for Curbline Properties'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.

Curbline Properties Net-Net Working Capital Chart

Curbline Properties Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
- -0.57 -0.48 5.21

Curbline Properties Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial - 5.68 -0.36 5.21 3.99

Competitive Comparison of Curbline Properties's Net-Net Working Capital

For the REIT - Retail subindustry, Curbline Properties'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.

Curbline Properties's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

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

* The bar in red indicates where Curbline Properties's Price-to-Net-Net-Working-Capital falls into.


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Curbline Properties Net-Net Working Capital Calculation

Curbline Properties'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(626.409+0.75 * 15.887+0.5 * 0-90.541
-0-0.773)/105.044
=5.21

Curbline Properties's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(594.038+0.75 * 16.899+0.5 * 0-185.224
-0-1.634)/105.214
=3.99

* 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.

Curbline Properties  (NYSE:CURB) 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.

Curbline Properties Net-Net Working Capital Related Terms

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Curbline Properties Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Curbline Properties Corp (NYSE:CURB) » Definitions » Net-Net Working Capital
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Traded in Other Exchanges
NR6:Germany
Address
320 Park Avenue, New York, NY, USA, 10022
Website
https://www.curbline.com
Curbline Properties Corp is engaged in the business of owning, managing, leasing and acquiring a portfolio of convenience shopping centers. The primary source of the Company's income is generated from the rental of the Company's convenience shopping centers to tenants. Convenience shopping centers are generally positioned on the curbline of well-trafficked intersections and major vehicular corridors, offering excellent access and visibility, dedicated parking and often include drive-thru units, with approximately half of Curbline properties having at least one drive-thru unit.