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SB One Bancorp (SB One Bancorp) Net-Net Working Capital : $-170.68 (As of Mar. 2020)


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What is SB One Bancorp 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.

SB One Bancorp's Net-Net Working Capital for the quarter that ended in Mar. 2020 was $-170.68.

The industry rank for SB One Bancorp's Net-Net Working Capital or its related term are showing as below:

SBBX's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.815
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

SB One Bancorp Net-Net Working Capital Historical Data

The historical data trend for SB One Bancorp'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.

SB One Bancorp Net-Net Working Capital Chart

SB One Bancorp Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -113.91 -144.22 -127.95 -146.47 -164.75

SB One Bancorp Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 -151.02 -153.20 -159.66 -164.75 -170.68

Competitive Comparison of SB One Bancorp's Net-Net Working Capital

For the Banks - Regional subindustry, SB One Bancorp'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.


SB One Bancorp's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

* The bar in red indicates where SB One Bancorp's Price-to-Net-Net-Working-Capital falls into.



SB One Bancorp Net-Net Working Capital Calculation

SB One Bancorp's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2019 is calculated as

Net-Net Working Capital(A: Dec. 2019 )
=(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)
=(43.886+212.181+0.75 * 6.175+0.5 * 0-1802.428
-0-0)/9.35799
=-164.75

SB One Bancorp's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2020 is calculated as

Net-Net Working Capital(Q: Mar. 2020 )
=(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)
=(40.505+232.205+0.75 * 6.856+0.5 * 0-1885.322
-0-0)/9.41793
=-170.68

* 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.


SB One Bancorp  (NAS:SBBX) 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.


SB One Bancorp Net-Net Working Capital Related Terms

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SB One Bancorp (SB One Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
95 State Route 17, Paramus, NJ, USA, 07652
SB One Bancorp is a bank holding company. The bank acts as an independent community financial services provider and offers traditional banking and related financial services to individual, business, and government customers. It offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and mortgage loans; and the providing of other financial services. The bank operates its business through two segments, Banking and Financial Services and Insurance Services.
Executives
Anthony J Labozzetta officer: President and CEO SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Edward J Leppert director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Robert Mcnerney director C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
Vito Giannola officer: SEVP & CBO C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Charles A Musilli director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416

SB One Bancorp (SB One Bancorp) Headlines