GLLOF (Galileo Japan Trust) Net-Net Working Capital: $0.00 (As of Jun. 2016)


What is Galileo Japan Trust Net-Net Working Capital?

Galileo Japan Trust GLLOF Net-Net Working Capital is $0.00 as of Jun. 2016.

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.

Galileo Japan Trust's Net-Net Working Capital for the quarter that ended in Jun. 2016 was $0.00.

The industry rank for Galileo Japan Trust's Net-Net Working Capital or its related term are showing as below:

GLLOF's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 17.165
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Galileo Japan Trust  (GREY:GLLOF) 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.

Galileo Japan Trust Net-Net Working Capital Related Terms

Galileo Japan Trust Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Galileo Japan 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.

Galileo Japan Trust Net-Net Working Capital Chart

Galileo Japan Trust Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.50 -65.69 -0.03 -0.05 0.00

Galileo Japan Trust Semi-Annual Data
Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 -0.03 -0.02 -0.05 -0.05 0.00

GLLOF vs CLPR: Net-Net Working Capital Comparison

For the REIT - Diversified subindustry, Galileo Japan 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.

Galileo Japan Trust Price-to-Net-Net-Working-Capital vs REITs Industry

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

* The bar in red indicates where Galileo Japan Trust's Price-to-Net-Net-Working-Capital falls into.


Galileo Japan Trust Net-Net Working Capital Calculation

Galileo Japan Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2016 is calculated as

Net-Net Working Capital(A: Jun. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(228.66+0.75 * 0+0.5 * 0-N/A
-0-0)/105.385
=N/A

Galileo Japan Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2016 is calculated as

Net-Net Working Capital(Q: Jun. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(228.66+0.75 * 0+0.5 * 0-N/A
-0-0)/105.385
=N/A

* 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.

What does a Net-Net Working Capital of $0.00 mean?
Galileo Japan Trust (GLLOF) has a Net-Net Working Capital of $0.00 as of Jun. 2016. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Galileo Japan Trust
Is Galileo Japan Trust's Net-Net Working Capital too high?
Galileo Japan Trust's current Net-Net Working Capital is $0.00.
How does Galileo Japan Trust's Net-Net Working Capital compare to CLPR?
Galileo Japan Trust's Net-Net Working Capital of $0.00 can be compared against companies in the REITs industry. The industry median Net-Net Working Capital is 17.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a REITs company?
The median Net-Net Working Capital among REITs companies is 17.17, based on 116 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Galileo Japan Trust For the REITs industry, the median Net-Net Working Capital is 17.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galileo Japan Trust's current Net-Net Working Capital is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galileo Japan Trust stock overvalued right now?
Galileo Japan Trust (GLLOF) has a current Net-Net Working Capital of $0.00. The current Net-Net Working Capital is $0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Galileo Japan Trust (GLLOF), the current Net-Net Working Capital is $0.00 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Galileo Japan Trust Business Description

Industry Real EstateREITs
Address Level 9, 1 Alfred Street, Sydney, NSW, AUS, 2000
Galileo Japan Trust is a property trust which indirectly invests in a diverse portfolio of real estate assets in Japan. Galileo Japan Funds Management Limited is the responsible entity of the Trust.