GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bukit Jalil Global Acquisition 1 Ltd (NAS:BUJA) » Definitions » Net-Net Working Capital

Bukit Jalil Global Acquisition 1 (Bukit Jalil Global Acquisition 1) Net-Net Working Capital : $-0.16 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Bukit Jalil Global Acquisition 1 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.

Bukit Jalil Global Acquisition 1's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-0.16.

The industry rank for Bukit Jalil Global Acquisition 1's Net-Net Working Capital or its related term are showing as below:

BUJA's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bukit Jalil Global Acquisition 1 Net-Net Working Capital Historical Data

The historical data trend for Bukit Jalil Global Acquisition 1'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.

Bukit Jalil Global Acquisition 1 Net-Net Working Capital Chart

Bukit Jalil Global Acquisition 1 Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
-0.04 -0.13

Bukit Jalil Global Acquisition 1 Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial -0.03 -0.08 -0.12 -0.13 -0.16

Competitive Comparison of Bukit Jalil Global Acquisition 1's Net-Net Working Capital

For the Shell Companies subindustry, Bukit Jalil Global Acquisition 1'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.


Bukit Jalil Global Acquisition 1's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bukit Jalil Global Acquisition 1's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Bukit Jalil Global Acquisition 1's Price-to-Net-Net-Working-Capital falls into.



Bukit Jalil Global Acquisition 1 Net-Net Working Capital Calculation

Bukit Jalil Global Acquisition 1'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)
=(0.295+0.75 * 0+0.5 * 0-1.308
-0-0)/7.76181
=-0.13

Bukit Jalil Global Acquisition 1'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)
=(0.032+0.75 * 0+0.5 * 0-1.293
-0-0)/7.76181
=-0.16

* 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.


Bukit Jalil Global Acquisition 1  (NAS:BUJA) 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.


Bukit Jalil Global Acquisition 1 Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Bukit Jalil Global Acquisition 1's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Bukit Jalil Global Acquisition 1 (Bukit Jalil Global Acquisition 1) Business Description

Traded in Other Exchanges
N/A
Address
Jalan 3/93, 2 ½ Miles, 31-1 Taman Miharja Phase 3B, Cheras, Kuala Lumpur, SGR, MYS, 55200
Website
Bukit Jalil Global Acquisition 1 Ltd is a blank check company.
Executives
Chyi Chyi Ooi 10 percent owner 88-9-6 KAYANGAN PURI MUTIARA, TANJUNG BUNGAH, PULAU PINANG N8 11200
Bee Lian Ooi director 2-14-1, JLN CEYLON, MENARA BUKIT CEYLON, KUALA LUMPUR N8 50200
Phui Lam Lee director 51, JALAN SELESARIA 4, TAMAN GEMBIRA, KUALA LUMPUR N8 58200
Hamzah Syakir Suwardi Bin director B-46-11, RESIDENSI M VERTICA NO.555, JALAN CHERAS, KUALA LUMPUR, WILAYAH PERSEKUT N8 56000
Seck Chyn Foo director, officer: CEO and CFO 20, JALAN TIARA 7, MUTIARA BUKIT JALIL, KUALA LUMPUR N8 58200
Bukit Jalil Global Investment Ltd. director 31-1 TAMAN MIHARJA PHASE 3B, JALAN 3/93, 2 1/2 MILES, CHERAS, KUALA LUMPUR N8 55200