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Lead Real Estate Co (Lead Real Estate Co) Net-Net Working Capital : $-3.59 (As of Dec. 2023)


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What is Lead Real Estate Co 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.

Lead Real Estate Co's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-3.59.

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

LRE's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.25
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Lead Real Estate Co Net-Net Working Capital Historical Data

The historical data trend for Lead Real Estate Co'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.

Lead Real Estate Co Net-Net Working Capital Chart

Lead Real Estate Co Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
-2.94 -3.12 -2.84 -3.49

Lead Real Estate Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial -3.03 -2.84 -3.53 -3.49 -3.59

Competitive Comparison of Lead Real Estate Co's Net-Net Working Capital

For the Real Estate - Development subindustry, Lead Real Estate Co'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.


Lead Real Estate Co's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lead Real Estate Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Lead Real Estate Co Net-Net Working Capital Calculation

Lead Real Estate Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.563+0.75 * 3.308+0.5 * 73.584-92.477
-0--0.048)/13.6419
=-3.49

Lead Real Estate Co'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)
=(4.299+0.75 * 2.006+0.5 * 81.499-95.527
-0--0.049)/13.6419
=-3.59

* 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.


Lead Real Estate Co  (NAS:LRE) 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.


Lead Real Estate Co Net-Net Working Capital Related Terms

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Lead Real Estate Co (Lead Real Estate Co) Business Description

Traded in Other Exchanges
N/A
Address
Nampeidai-cho, Shibuya-ku, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Tokyo, JPN, 150-0036
Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. It operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. It generates revenue from developing and selling single-family homes and condominiums. The company's primary and sole operating segment is real estate sales.

Lead Real Estate Co (Lead Real Estate Co) Headlines