GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alwaha REIT Fund (SAU:9300) » Definitions » Net-Net Working Capital

Alwaha REIT Fund (SAU:9300) Net-Net Working Capital : ﷼0.28 (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Alwaha REIT 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.

Alwaha REIT Fund's Net-Net Working Capital for the quarter that ended in Jun. 2024 was ﷼0.28.

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

SAU:9300's Price-to-Net-Net-Working-Capital is ranked worse than
71.3% of 115 companies
in the REITs industry
Industry Median: 15.2 vs SAU:9300: 46.29

Alwaha REIT Fund Net-Net Working Capital Historical Data

The historical data trend for Alwaha REIT 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.

Alwaha REIT Fund Net-Net Working Capital Chart

Alwaha REIT Fund Annual Data
Trend Dec23
Net-Net Working Capital
-

Alwaha REIT Fund Semi-Annual Data
Dec23 Jun24
Net-Net Working Capital - 0.28

Competitive Comparison of Alwaha REIT Fund's Net-Net Working Capital

For the REIT - Diversified subindustry, Alwaha REIT 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.


Alwaha REIT Fund's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

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

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


;
;

Alwaha REIT Fund Net-Net Working Capital Calculation

Alwaha REIT Fund'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)
=(10.092+0.75 * 2.755+0.5 * 0-7.403
-0-0)/0
=N/A

Alwaha REIT Fund's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.454+0.75 * 2.659+0.5 * 0-5.293
-0-0)/15.000
=0.28

* 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.


Alwaha REIT Fund  (SAU:9300) 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.


Alwaha REIT Fund Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Alwaha REIT Fund's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Alwaha REIT Fund Business Description

Industry
Traded in Other Exchanges
N/A
Address
Street Al Olaya, Building No. 7459, Secondary No. 2207, Al Muruj District, Riyadh, SAU, 12283
Alwaha REIT Fund is a closed-ended sharia-compliant real estate investment traded fund. The investment objective of the Fund is to invest in structurally developed real estate properties, capable of achieving periodic and rental income, and to distribute a percentage not less than 90% of the annual net profits of the Fund as cash dividends to the unitholders during the period of the Fund.

Alwaha REIT Fund Headlines

No Headlines