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Peakstone Realty Trust (Peakstone Realty Trust) Net-Net Working Capital : $-35.42 (As of Dec. 2023)


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What is Peakstone Realty 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.

Peakstone Realty Trust's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-35.42.

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

PKST's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 12.195
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Peakstone Realty Trust Net-Net Working Capital Historical Data

The historical data trend for Peakstone Realty 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.

Peakstone Realty Trust Net-Net Working Capital Chart

Peakstone Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -152.06 -150.65 -106.64 -47.71 -35.42

Peakstone Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -47.71 -42.97 -38.70 -37.40 -35.42

Competitive Comparison of Peakstone Realty Trust's Net-Net Working Capital

For the REIT - Office subindustry, Peakstone Realty 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.


Peakstone Realty Trust's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

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

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



Peakstone Realty Trust Net-Net Working Capital Calculation

Peakstone Realty Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(391.802+0.75 * 0+0.5 * 0-1585.912
-0-91.629)/36.3041
=-35.42

Peakstone Realty Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(391.802+0.75 * 0+0.5 * 0-1585.912
-0-91.629)/36.3041
=-35.42

* 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.


Peakstone Realty Trust  (NYSE:PKST) 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.


Peakstone Realty Trust Net-Net Working Capital Related Terms

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Peakstone Realty Trust (Peakstone Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
1520 E. Grand Avenue, El Segundo, CA, USA, 90245
Peakstone Realty Trust is an internally managed, publicly registered real estate investment trust (REIT) that owns and operates predominately single-tenant industrial and office properties with creditworthy tenants and long-term leases. Peakstone's portfolio consists of newer vintage, and well-located real estate assets totaling approximately 19 million square feet across 24 states in majorly high-growth coastal and sunbelt markets.
Executives
Casey R Wold director C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Carrie Dewees director C/O PEAKSTONE REALTY TRUST, 1520 E. GRAND AVE, EL SEGUNDO CA 90245
James F Risoleo director
Richard H Dozer director VIAD CORP, 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
P Anthony Nissley director 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Mark Chrisman officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Travis W Bushman officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Craig J Phillips officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Bryan Yamasawa officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
David J Congdon officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Nina M Sitzer officer: See Remarks 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Ranjit M Kripalani director 815 JOHN STREET, MANHATTAN BEACH CA 90266
Scott A Tausk officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Louis K Sohn officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Javier F Bitar officer: Chief Financial Officer 333 S. GRAND AVE STE 400, LOS ANGELES CA 90071

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