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Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Net-Net Working Capital

: $-176.30 (As of Dec. 2023)
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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.

Home Federal Bancorp of louisiana's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-176.30.

The industry rank for Home Federal Bancorp of louisiana's Net-Net Working Capital or its related term are showing as below:

HFBL's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.525
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Home Federal Bancorp of louisiana Net-Net Working Capital Historical Data

The historical data trend for Home Federal Bancorp of louisiana'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.

Home Federal Bancorp of louisiana Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.56 -112.33 -125.88 -137.83 -175.43

Home Federal Bancorp of louisiana Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -152.26 -174.26 -175.43 -179.17 -176.30

Competitive Comparison

For the Banks - Regional subindustry, Home Federal Bancorp of louisiana'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.


Home Federal Bancorp of louisiana Price-to-Net-Net-Working-Capital Distribution

For the Banks industry and Financial Services sector, Home Federal Bancorp of louisiana's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Home Federal Bancorp of louisiana's Price-to-Net-Net-Working-Capital falls into.



Home Federal Bancorp of louisiana Net-Net Working Capital Calculation

Home Federal Bancorp of louisiana's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19.79+39.551+0.75 * 1.79+0.5 * 0-610.373
-0-0)/3.13335
=-175.43

Home Federal Bancorp of louisiana'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.668+37.309+0.75 * 1.883+0.5 * 0-601.594
-0-0)/3.14353
=-176.30

* 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.


Home Federal Bancorp of louisiana  (NAS:HFBL) 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.


Home Federal Bancorp of louisiana Net-Net Working Capital Related Terms

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Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Business Description

Traded in Other Exchanges
N/A
Address
624 Market Street, Shreveport, LA, USA, 71101
Home Federal Bancorp Inc of louisiana operates as a bank holding company. It is a federally chartered stock savings bank, which provides financial services to individuals, corporate entities, and other organizations. Its core activities consist of attracting deposits from the general public and using those funds to originate loans to the residential, commercial and multi-family segments. The company also invests securities held-to-maturity and securities available for sale.
Executives
James R Barlow director, officer: President & COO* HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
David Barber officer: SVP Mortgage Lending * HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Donna C. Lewis officer: Senior Vice President* HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Glen W. Brown officer: SVP & Chief Financial Officer 624 MARKET STREET, SHREVEPORT LA 71101
Colquitt Walter T Iii director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Scott D Lawrence director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Timothy W. Wilhite director HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Clyde D Patterson director, officer: Executive Vice President & CFO HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Martin S. Friedman 10 percent owner 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Woodus K Humphrey director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Mary L Jones officer: SVP Retail & Deposit Ops.* HOME FEDERAL BANCORP, INC. OF LOUISIANA, 624 MARKET STREET, SHREVEPORT LA 71101
Mark Malloy Harrison director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
K Matthew Sawrie officer: SVP Commercial Lending* HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Daniel R Herndon director, officer: Chairman and CEO HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101
Herndon David A Iii director HOME FEDERAL BANK, 624 MARKET STREET, SHREVEPORT LA 71101

Home Federal Bancorp of louisiana (Home Federal Bancorp of louisiana) Headlines