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SALudi Logistics Services Co (SAU:4263) Net-Net Working Capital : ﷼-6.45 (As of Mar. 2024)


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What is SALudi Logistics Services 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.

SALudi Logistics Services Co's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ﷼-6.45.

The industry rank for SALudi Logistics Services Co's Net-Net Working Capital or its related term are showing as below:

SAU:4263's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 5.73
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

SALudi Logistics Services Co Net-Net Working Capital Historical Data

The historical data trend for SALudi Logistics Services 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.

SALudi Logistics Services Co Net-Net Working Capital Chart

SALudi Logistics Services Co Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
-13.69 -6.84

SALudi Logistics Services Co Quarterly Data
Dec22 Mar23 Dec23 Mar24
Net-Net Working Capital -13.69 - -6.84 -6.45

Competitive Comparison of SALudi Logistics Services Co's Net-Net Working Capital

For the Integrated Freight & Logistics subindustry, SALudi Logistics Services 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.


SALudi Logistics Services Co's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SALudi Logistics Services Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where SALudi Logistics Services Co's Price-to-Net-Net-Working-Capital falls into.



SALudi Logistics Services Co Net-Net Working Capital Calculation

SALudi Logistics Services Co'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)
=(1210.426+0.75 * 390.533+0.5 * 0-2050.846
-0-0)/80
=-6.84

SALudi Logistics Services Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1172.385+0.75 * 458.99+0.5 * 0-2032.581
-0-0)/80
=-6.45

* 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.


SALudi Logistics Services Co  (SAU:4263) 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.


SALudi Logistics Services Co Net-Net Working Capital Related Terms

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SALudi Logistics Services Co (SAU:4263) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Prince Sultan Road, P.O. Box 23525, Zahran Building, Salamah, Jeddah, SAU, 2661
SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in Saudi Arabia. It creates integrated solutions to deliver end-to-end services for businesses across the economy wide supply chain. The company has three streams; Air cargo handling, Terminal handling and logistics solutions. The maximum revenue of the company comes from Terminal Handling.

SALudi Logistics Services Co (SAU:4263) Headlines

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