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Advance Residence Investment (TSE:3269) Net Cash per Share : 円-161,412.38 (As of Jan. 2023)


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What is Advance Residence Investment Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Advance Residence Investment's Net Cash per Share for the quarter that ended in Jan. 2023 was 円-161,412.38.

The historical rank and industry rank for Advance Residence Investment's Net Cash per Share or its related term are showing as below:

TSE:3269's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 21.99
* Ranked among companies with meaningful Price-to-Net-Cash only.

Advance Residence Investment Net Cash per Share Historical Data

The historical data trend for Advance Residence Investment's Net Cash per Share 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.

Advance Residence Investment Net Cash per Share Chart

Advance Residence Investment Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -160,544.62 -161,911.20 - -153,186.96 -153,506.93

Advance Residence Investment Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Net Cash per Share 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 -153,506.93 -154,795.55 -159,472.02 -161,412.38 -

Competitive Comparison of Advance Residence Investment's Net Cash per Share

For the REIT - Residential subindustry, Advance Residence Investment's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Advance Residence Investment's Price-to-Net-Cash Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Advance Residence Investment's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Advance Residence Investment's Price-to-Net-Cash falls into.



Advance Residence Investment Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Advance Residence Investment's Net Cash per Share for the fiscal year that ended in Jul. 2021 is calculated as

Net Cash per Share (A: Jul. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14730.396-227337.494-0)/1.385
=-153,506.93

Advance Residence Investment's Net Cash per Share for the quarter that ended in Jan. 2023 is calculated as

Net Cash per Share (Q: Jan. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14716.443-238272.595-0)/1.385
=-161,412.38

* 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.


Advance Residence Investment  (TSE:3269) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Advance Residence Investment Net Cash per Share Related Terms

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Advance Residence Investment (TSE:3269) Business Description

Traded in Other Exchanges
N/A
Address
3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054
Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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