GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sagicor Real Estate X Fund Ltd (XJAM:XFUND) » Definitions » Net-Net Working Capital

Sagicor Real Estate X Fund (XJAM:XFUND) Net-Net Working Capital : JMD-0.80 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Sagicor Real Estate X 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.

Sagicor Real Estate X Fund's Net-Net Working Capital for the quarter that ended in Dec. 2023 was JMD-0.80.

The industry rank for Sagicor Real Estate X Fund's Net-Net Working Capital or its related term are showing as below:

XJAM:XFUND's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.99
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sagicor Real Estate X Fund Net-Net Working Capital Historical Data

The historical data trend for Sagicor Real Estate X 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.

Sagicor Real Estate X Fund Net-Net Working Capital Chart

Sagicor Real Estate X Fund Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
-0.27 -1.26 -0.80

Sagicor Real Estate X Fund Semi-Annual Data
Dec21 Dec22 Dec23
Net-Net Working Capital -0.27 -1.26 -0.80

Competitive Comparison of Sagicor Real Estate X Fund's Net-Net Working Capital

For the Lodging subindustry, Sagicor Real Estate X 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.


Sagicor Real Estate X Fund's Price-to-Net-Net-Working-Capital Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sagicor Real Estate X Fund's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Sagicor Real Estate X Fund's Price-to-Net-Net-Working-Capital falls into.


;
;

Sagicor Real Estate X Fund Net-Net Working Capital Calculation

Sagicor Real Estate X 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)
=(8137.314+0.75 * 164.922+0.5 * 51.17-10082.378
-0.1-0)/2243.005
=-0.80

Sagicor Real Estate X Fund'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)
=(8137.314+0.75 * 164.922+0.5 * 51.17-10082.378
-0.1-0)/2243.005
=-0.80

* 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.


Sagicor Real Estate X Fund  (XJAM:XFUND) 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.


Sagicor Real Estate X Fund Net-Net Working Capital Related Terms

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


Sagicor Real Estate X Fund Business Description

Traded in Other Exchanges
N/A
Address
20 Micoud Street, Castries, LCA
Sagicor Real Estate X Fund Ltd specializes in real estate investments. The company's main business activity is to invest in hotel and commercial real estate activities. Its business segments are; Hotel operations which derives key revenue and represents direct ownership and operation of hotels; Indirect hotel operations and commercial representing indirect investment in real estate; and the Others segment which comprises other investment assets and other liabilities. The company's geographical segments are the United States of America, which generates the majority of its revenue, and the Caribbean.

Sagicor Real Estate X Fund Headlines

No Headlines