Ground Rentsome Fund (LSE:GRIO) Net-Net Working Capital: £-0.02 (As of Mar. 2026)

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LSE:GRIO Ground Rents Income Fund PLC LSE:GRIO
29 GF Score
Price £0.17
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What is Ground Rentsome Fund Net-Net Working Capital?

Ground Rentsome Fund LSE:GRIO 29 Net-Net Working Capital is £-0.02 as of Mar. 2026. GuruFocus rates LSE:GRIO with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 110 REITs companies, Ground Rentsome Fund ranks worse than 909090% on this metric.

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.

Ground Rentsome Fund's Net-Net Working Capital for the quarter that ended in Mar. 2026 was £-0.02.

The industry rank for Ground Rentsome Fund's Net-Net Working Capital or its related term are showing as below:

LSE:GRIO's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 16.655
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Ground Rentsome Fund  (LSE:GRIO) 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.


Ground Rentsome Fund Net-Net Working Capital Related Terms


Ground Rentsome Fund Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Ground Rentsome Fund'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.

Ground Rentsome Fund Net-Net Working Capital Chart

Ground Rentsome Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.23 -0.24 -0.18 -0.07

Ground Rentsome Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -0.19 -0.18 -0.09 -0.07 -0.02

LSE:GRIO vs VICI, WPC, BNL: Net-Net Working Capital Comparison

For the REIT - Diversified subindustry, Ground Rentsome Fund'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.


Ground Rentsome Fund Price-to-Net-Net-Working-Capital vs REITs Industry

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

* The bar in red indicates where Ground Rentsome Fund's Price-to-Net-Net-Working-Capital falls into.


LSE:GRIO
29GF Score
Ground Rents Income Fund PLC LSE:GRIO
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Ground Rentsome Fund Net-Net Working Capital Calculation

Ground Rentsome Fund's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net-Net Working Capital(A: Sep. 2025 )
=(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)
=(4.281+0+0.75 * 0+0.5 * 0-10.964
-0-0)/95.668
=-0.07

Ground Rentsome Fund's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(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)
=(5.68+0+0.75 * 0+0.5 * 0-7.801
-0-0)/95.668
=-0.02

* 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 £-0.02 mean?
Ground Rentsome Fund (LSE:GRIO) has a Net-Net Working Capital of £-0.02 as of Mar. 2026. 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 Ground Rentsome Fund According to the industry distribution chart, Ground Rentsome Fund ranks #999999 out of 110 companies in the REITs industry.
Is Ground Rentsome Fund's Net-Net Working Capital too high?
Ground Rentsome Fund's current Net-Net Working Capital is £-0.02. Based on the distribution chart, Ground Rentsome Fund ranks #999999 out of 110 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ground Rentsome Fund has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ground Rentsome Fund's Net-Net Working Capital compare to VICI and WPC?
According to the REITs industry distribution chart, Ground Rentsome Fund ranks #999999 out of 110 companies for Net-Net Working Capital. This places Ground Rentsome Fund in the lower half of its industry. The industry median Net-Net Working Capital is 16.66. 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 16.66, based on 110 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 Ground Rentsome Fund For the REITs industry, the median Net-Net Working Capital is 16.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ground Rentsome Fund's current Net-Net Working Capital is £-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ground Rentsome Fund stock overvalued right now?
Ground Rentsome Fund (LSE:GRIO) has a current Net-Net Working Capital of £-0.02. The current Net-Net Working Capital is £-0.02. Ground Rentsome Fund's overall GF Score™ is 29/100 with 1 warning sign to review. 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 Ground Rentsome Fund (LSE:GRIO), the current Net-Net Working Capital is £-0.02 as of Mar. 2026. 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.

Ground Rentsome Fund Business Description

Industry Real EstateREITs
Address 1 London Wall Place, London, GBR, EC2Y 5AU
Ground Rents Income Fund PLC is a closed-ended real estate investment trust ('REIT'). It invests in long-term ground rents from residential leasehold properties. The company's portfolio consists of freeholds and head leaseholds that generate steady ground rent income. The company's objective is to balance periodic repayment of bank debt with returning cash to shareholders, while optimizing the value of its investments. It is engaged in a single segment of business, being the collection of ground rent from its investment properties. Geographically, the company derives revenue within the UK.
29GF Score

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