This metric is meaningless when a company is expanding as fast as WeWork is and investing heavily in setting up new spaces. The real metric that matters is ave

This metric is meaningless when a company is expanding as fast as WeWork is and investing heavily in setting up new spaces. The real metric that matters is average payback period per property as a factor of the total rent liability. The risk is WeWork's average payback period is never or they don't have enough cash to reach their payback period.