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RLTY (Cohen & Steers Real Estate Opportunities andome Fund) Net-Net Working Capital : $-8.57 (As of Dec. 2024)


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What is Cohen & Steers Real Estate Opportunities andome Fund 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.

Cohen & Steers Real Estate Opportunities andome Fund's Net-Net Working Capital for the quarter that ended in Dec. 2024 was $-8.57.

The industry rank for Cohen & Steers Real Estate Opportunities andome Fund's Net-Net Working Capital or its related term are showing as below:

RLTY's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 7.18
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Cohen & Steers Real Estate Opportunities andome Fund Net-Net Working Capital Historical Data

The historical data trend for Cohen & Steers Real Estate Opportunities andome 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.

* Premium members only.

Cohen & Steers Real Estate Opportunities andome Fund Net-Net Working Capital Chart

Cohen & Steers Real Estate Opportunities andome Fund Annual Data
Trend Dec22 Dec23 Dec24
Net-Net Working Capital
-8.93 -8.75 -8.57

Cohen & Steers Real Estate Opportunities andome Fund Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Net-Net Working Capital -8.93 -10.78 -8.75 -8.57 -8.57

Competitive Comparison of Cohen & Steers Real Estate Opportunities andome Fund's Net-Net Working Capital

For the Asset Management subindustry, Cohen & Steers Real Estate Opportunities andome 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.


Cohen & Steers Real Estate Opportunities andome Fund's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers Real Estate Opportunities andome Fund's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Cohen & Steers Real Estate Opportunities andome Fund's Price-to-Net-Net-Working-Capital falls into.


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Cohen & Steers Real Estate Opportunities andome Fund Net-Net Working Capital Calculation

Cohen & Steers Real Estate Opportunities andome Fund'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 )
=(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)
=(0.16+0+0.75 * 0+0.5 * 0-143.443
-0-0)/16.722
=-8.57

Cohen & Steers Real Estate Opportunities andome Fund's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 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)
=(0.16+0+0.75 * 0+0.5 * 0-143.443
-0-0)/16.722
=-8.57

* 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.


Cohen & Steers Real Estate Opportunities andome Fund  (NYSE:RLTY) 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.


Cohen & Steers Real Estate Opportunities andome Fund Net-Net Working Capital Related Terms

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Cohen & Steers Real Estate Opportunities andome Fund Business Description

Traded in Other Exchanges
N/A
Address
1166 Avenue of the Americas, 30th Floor, New York, NY, USA, 10036
Cohen & Steers Real Estate Opportunities and Income Fund is an organized, non-diversified, closed-end management investment company. The Fund's primary investment objective is high current income. The Fund's secondary investment objective is capital appreciation.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Yigal Dan Jhirad officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, C/O COHEN & STEERS, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Dana Devivo officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Mathew Kirschner officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
George Grossman director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
William F Scapell officer: Vice President, other: Portfolio Manager C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Albert Laskaj officer: See Remarks COHEN & STEERS, 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

Cohen & Steers Real Estate Opportunities andome Fund Headlines