GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) » Definitions » Net-Net Working Capital

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Net-Net Working Capital : ﷼11.04 (As of Dec. 2023)


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

What is AlMuneef Co For Trade Industry Agriculture And Contracting 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.

AlMuneef Co For Trade Industry Agriculture And Contracting's Net-Net Working Capital for the quarter that ended in Dec. 2023 was ﷼11.04.

The industry rank for AlMuneef Co For Trade Industry Agriculture And Contracting's Net-Net Working Capital or its related term are showing as below:

SAU:9569's Price-to-Net-Net-Working-Capital is ranked better than
57.69% of 78 companies
in the Agriculture industry
Industry Median: 5.775 vs SAU:9569: 4.66

AlMuneef Co For Trade Industry Agriculture And Contracting Net-Net Working Capital Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting'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.

AlMuneef Co For Trade Industry Agriculture And Contracting Net-Net Working Capital Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
- 6.67 11.04

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital - 6.67 8.51 11.04

Competitive Comparison of AlMuneef Co For Trade Industry Agriculture And Contracting's Net-Net Working Capital

For the Agricultural Inputs subindustry, AlMuneef Co For Trade Industry Agriculture And Contracting'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.


AlMuneef Co For Trade Industry Agriculture And Contracting's Price-to-Net-Net-Working-Capital Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, AlMuneef Co For Trade Industry Agriculture And Contracting's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where AlMuneef Co For Trade Industry Agriculture And Contracting's Price-to-Net-Net-Working-Capital falls into.



AlMuneef Co For Trade Industry Agriculture And Contracting Net-Net Working Capital Calculation

AlMuneef Co For Trade Industry Agriculture And Contracting'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)
=(30.048+0.75 * 17.002+0.5 * 34.914-18.308
-0-0)/3.8
=11.04

AlMuneef Co For Trade Industry Agriculture And Contracting'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)
=(30.048+0.75 * 17.002+0.5 * 34.914-18.308
-0-0)/3.8
=11.04

* 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.


AlMuneef Co For Trade Industry Agriculture And Contracting  (SAU:9569) 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.


AlMuneef Co For Trade Industry Agriculture And Contracting Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of AlMuneef Co For Trade Industry Agriculture And Contracting's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314
AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Headlines

No Headlines