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Smart Radar System (XKRX:424960) Net-Net Working Capital : ₩1,025.48 (As of Mar. 2024)


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What is Smart Radar System 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.

Smart Radar System's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₩1,025.48.

The industry rank for Smart Radar System's Net-Net Working Capital or its related term are showing as below:

XKRX:424960's Price-to-Net-Net-Working-Capital is ranked worse than
67.57% of 1212 companies
in the Hardware industry
Industry Median: 6.875 vs XKRX:424960: 10.87

Smart Radar System Net-Net Working Capital Historical Data

The historical data trend for Smart Radar System'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.

Smart Radar System Net-Net Working Capital Chart

Smart Radar System Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-14,813.04 -2,152.21 695.28 1,124.38

Smart Radar System Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial 605.60 244.63 1,203.98 1,124.38 1,025.48

Competitive Comparison of Smart Radar System's Net-Net Working Capital

For the Scientific & Technical Instruments subindustry, Smart Radar System'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.


Smart Radar System's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Smart Radar System's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Smart Radar System's Price-to-Net-Net-Working-Capital falls into.



Smart Radar System Net-Net Working Capital Calculation

Smart Radar System'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)
=(19242.591+0.75 * 823.847+0.5 * 3245.932-4422.854
-0-0)/15.1733
=1,124.38

Smart Radar System'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)
=(17598.321+0.75 * 1319.252+0.5 * 3085.705-4570.749
-0-0)/15.1733
=1,025.48

* 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.


Smart Radar System  (XKRX:424960) 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.


Smart Radar System Net-Net Working Capital Related Terms

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Smart Radar System (XKRX:424960) Business Description

Traded in Other Exchanges
N/A
Address
925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496
Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

Smart Radar System (XKRX:424960) Headlines

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