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PT Amman Mineral Internasional Tbk (ISX:AMMN) Net-Net Working Capital : Rp-603.55 (As of Dec. 2023)


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What is PT Amman Mineral Internasional Tbk 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.

PT Amman Mineral Internasional Tbk's Net-Net Working Capital for the quarter that ended in Dec. 2023 was Rp-603.55.

The industry rank for PT Amman Mineral Internasional Tbk's Net-Net Working Capital or its related term are showing as below:

ISX:AMMN's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.63
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PT Amman Mineral Internasional Tbk Net-Net Working Capital Historical Data

The historical data trend for PT Amman Mineral Internasional Tbk'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.

PT Amman Mineral Internasional Tbk Net-Net Working Capital Chart

PT Amman Mineral Internasional Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-372.93 -364.78 -363.71 -603.55

PT Amman Mineral Internasional Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital -372.93 -364.78 -363.71 -603.55

Competitive Comparison of PT Amman Mineral Internasional Tbk's Net-Net Working Capital

For the Other Precious Metals & Mining subindustry, PT Amman Mineral Internasional Tbk'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.


PT Amman Mineral Internasional Tbk's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Amman Mineral Internasional Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PT Amman Mineral Internasional Tbk's Price-to-Net-Net-Working-Capital falls into.



PT Amman Mineral Internasional Tbk Net-Net Working Capital Calculation

PT Amman Mineral Internasional Tbk'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)
=(18940042.579+0.75 * 6098412.615+0.5 * 5631092.208-68778575.47
-0-1319239.005)/72518.2
=-603.55

PT Amman Mineral Internasional Tbk's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18940042.579+0.75 * 6098412.615+0.5 * 5631092.208-68778575.47
-0-1319239.005)/72518.2
=-603.55

* 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.


PT Amman Mineral Internasional Tbk  (ISX:AMMN) 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.


PT Amman Mineral Internasional Tbk Net-Net Working Capital Related Terms

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PT Amman Mineral Internasional Tbk (ISX:AMMN) Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said Blok X-5 Kav. 1-2, Menara Karya 6th Floor Unit A, B, C dan H, Jakarta Selatan, Jakarta, IDN, 12950
PT Amman Mineral Internasional Tbk is a copper-and-gold mining company in Indonesia, operating the Batu Hijau mine on the island of Sumbawa.

PT Amman Mineral Internasional Tbk (ISX:AMMN) Headlines

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