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SELF (Global Self Storage) Net-Net Working Capital : $-0.93 (As of Mar. 2025)


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What is Global Self Storage 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.

Global Self Storage's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $-0.93.

The industry rank for Global Self Storage's Net-Net Working Capital or its related term are showing as below:

SELF's Price-to-Net-Net-Working-Capital is not ranked *
in the REITs industry.
Industry Median: 15.39
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Global Self Storage Net-Net Working Capital Historical Data

The historical data trend for Global Self Storage'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.

Global Self Storage Net-Net Working Capital Chart

Global Self Storage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -2.48 -1.54 -1.13 -1.04 -0.96

Global Self Storage Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -1.02 -1.00 -1.01 -0.96 -0.93

Competitive Comparison of Global Self Storage's Net-Net Working Capital

For the REIT - Specialty subindustry, Global Self Storage'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.


Global Self Storage's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

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

* The bar in red indicates where Global Self Storage's Price-to-Net-Net-Working-Capital falls into.


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Global Self Storage Net-Net Working Capital Calculation

Global Self Storage'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.181+0.75 * 0.142+0.5 * 0-18.077
-0-0)/11.293
=-0.96

Global Self Storage's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.222+0.75 * 0.118+0.5 * 0-17.865
-0-0)/11.338
=-0.93

* 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.


Global Self Storage  (NAS:SELF) 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.


Global Self Storage Net-Net Working Capital Related Terms

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Global Self Storage Business Description

Traded in Other Exchanges
N/A
Address
3814 Route 44, Millbrook, New York, NY, USA, 12545
Global Self Storage Inc is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible, and secure storage space for residential and commercial customers. It has one segment of Rental operations. Through its wholly-owned subsidiaries, the company owns and/or manages close to thirteen self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
Executives
Carroll Sally Coonrad director 3814 ROUTE 44, MILLBROOK NY 12545
Mark Campbell Winmill director, officer: President and CEO 3814 ROUTE 44, MILLBROOK NY 12545
Tuxis Corp other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Burke Russell E Iii director 3814 ROUTE 44, MILLBROOK NY 12545
Winmill & Co. Inc other: See "Explanation of Responses" 2255 BUFFALO ROAD, ROCHESTER NY 14624
Donald Ii Klimoski officer: General Counsel 3814 ROUTE 44, MILLBROOK NY 12545
George B Langa director 3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Thomas Omalley officer: Chief Financial Officer 3814 ROUTE 44, MILLBROOK NY 12545
William Chester Zachary director 136 EAST 64TH ST, APT 6D, NEW YORK NY 10065
Russell Kamerman officer: Assistant General Counsel 3814 ROUTE 44, MILLBROOK NY 12545
Bexil Corp other: See "Explanation of Responses" 2255 BUFFALO ROAD, ROCHESTER NY 14624
Hwang Eric Paul C. other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Bruce B Huber director 11 HANOVER SQUARE, NEW YORK NY 10005
Jacob Bukhsbaum officer: Chief Compliance Officer, other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005