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Bonal International (Bonal International) Net-Net Working Capital : $0.51 (As of Mar. 2023)


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What is Bonal International 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.

Bonal International's Net-Net Working Capital for the quarter that ended in Mar. 2023 was $0.51.

The industry rank for Bonal International's Net-Net Working Capital or its related term are showing as below:

BONL's Price-to-Net-Net-Working-Capital is ranked better than
95.84% of 1370 companies
in the Industrial Products industry
Industry Median: 6.895 vs BONL: 1.27

Bonal International Net-Net Working Capital Historical Data

The historical data trend for Bonal International'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.

Bonal International Net-Net Working Capital Chart

Bonal International Annual Data
Trend Mar21 Mar22 Mar23
Net-Net Working Capital
- 0.70 0.51

Bonal International Semi-Annual Data
Mar21 Mar22 Mar23
Net-Net Working Capital - 0.70 0.51

Competitive Comparison of Bonal International's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Bonal International'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.


Bonal International's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bonal International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Bonal International's Price-to-Net-Net-Working-Capital falls into.



Bonal International Net-Net Working Capital Calculation

Bonal International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.707+0.75 * 0.25+0.5 * 0.658-0.334
-0-0)/1.74792
=0.51

Bonal International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.707+0.75 * 0.25+0.5 * 0.658-0.334
-0-0)/1.74792
=0.51

* 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.


Bonal International  (OTCPK:BONL) 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.


Bonal International Net-Net Working Capital Related Terms

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Bonal International (Bonal International) Business Description

Traded in Other Exchanges
N/A
Address
1300 North Campbell Road, Royal Oak, MI, USA, 48067
Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

Bonal International (Bonal International) Headlines

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