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Decker Manufacturing (Decker Manufacturing) Net-Net Working Capital : $18.77 (As of Sep. 2023)


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What is Decker Manufacturing 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.

Decker Manufacturing's Net-Net Working Capital for the quarter that ended in Sep. 2023 was $18.77.

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

DMFG's Price-to-Net-Net-Working-Capital is ranked better than
87.65% of 1368 companies
in the Industrial Products industry
Industry Median: 7.085 vs DMFG: 2.26

Decker Manufacturing Net-Net Working Capital Historical Data

The historical data trend for Decker Manufacturing'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.

Decker Manufacturing Net-Net Working Capital Chart

Decker Manufacturing Annual Data
Trend
Net-Net Working Capital

Decker Manufacturing Quarterly Data
Sep22 Sep23
Net-Net Working Capital - 18.77

Competitive Comparison of Decker Manufacturing's Net-Net Working Capital

For the Tools & Accessories subindustry, Decker Manufacturing'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.


Decker Manufacturing's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

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

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



Decker Manufacturing Net-Net Working Capital Calculation

Decker Manufacturing's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Decker Manufacturing's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.217+0.75 * 7.313+0.5 * 11.134-11.802
-0-0)/0.61088
=18.77

* 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.


Decker Manufacturing  (OTCPK:DMFG) 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.


Decker Manufacturing Net-Net Working Capital Related Terms

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Decker Manufacturing (Decker Manufacturing) Business Description

Traded in Other Exchanges
N/A
Address
703 North Clark Street, Albion, MI, USA, 49224
Decker Manufacturing Corp is engaged in supplying high-quality fasteners to the automotive, farm implement, highway, and construction industries. Its products include hex nuts, weld nuts, pipe plugs, and other industrial fasteners.

Decker Manufacturing (Decker Manufacturing) Headlines

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