Nova Net Lease REIT (XCNQ:NNL.U) FCF Margin % : -69.47% (As of Mar. 2024)

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What is Nova Net Lease REIT FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Nova Net Lease REIT's Free Cash Flow for the three months ended in Mar. 2024 was $-0.27 Mil. Nova Net Lease REIT's Revenue for the three months ended in Mar. 2024 was $0.39 Mil. Therefore, Nova Net Lease REIT's FCF Margin % for the quarter that ended in Mar. 2024 was -69.47%.

As of today, Nova Net Lease REIT's current FCF Yield % is -45.96%.

The historical rank and industry rank for Nova Net Lease REIT's FCF Margin % or its related term are showing as below:

XCNQ:NNL.U' s FCF Margin % Range Over the Past 10 Years
Min: -131.32 Med: -78.23 Max: -19.67
Current: -19.67

During the past 3 years, the highest FCF Margin % of Nova Net Lease REIT was -19.67%. The lowest was -131.32%. And the median was -78.23%.

XCNQ:NNL.U's FCF Margin % is ranked worse than
89.77% of 860 companies
in the REITs industry
Industry Median: 40.745 vs XCNQ:NNL.U: -19.67

Nova Net Lease REIT FCF Margin % Historical Data

The historical data trend for Nova Net Lease REIT's FCF Margin % 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.

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Nova Net Lease REIT FCF Margin % Chart

Nova Net Lease REIT Annual Data

Trend

Dec21

Dec22

Dec23

FCF Margin %

-131.32

-25.13

Nova Net Lease REIT Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Margin %	Get a 7-Day Free Trial						-91.77	-85.35	-16.97	93.33	-69.47

Competitive Comparison of Nova Net Lease REIT's FCF Margin %

For the REIT - Specialty subindustry, Nova Net Lease REIT's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.

Nova Net Lease REIT's FCF Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nova Net Lease REIT's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Nova Net Lease REIT's FCF Margin % falls into.

Nova Net Lease REIT FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Nova Net Lease REIT's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-0.391	/	1.556
	=	-25.13 %

Nova Net Lease REIT's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-0.273	/	0.393
	=	-69.47 %

Nova Net Lease REIT FCF Margin % Related Terms

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Nova Net Lease REIT (XCNQ:NNL.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nova Net Lease REIT (XCNQ:NNL.U) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

NNLRF:USA

Address

200 Bay Street, North Tower, Suite 1200, Toronto, ON, CAN, M5J 2J2

Website

https://www.novanetleasereit.com

Nova Net Lease REIT is a real estate investment trust established to acquire specialized industrial and retail properties leased to experienced, licensed operators in the legal U.S. cannabis industry. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to a 15-year term and strives to negotiate annual rental rate increases in the leases.

Nova Net Lease REIT (XCNQ:NNL.U) Headlines

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