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Brookline Bancorp (Brookline Bancorp) Net-Net Working Capital : $-101.90 (As of Dec. 2023)


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What is Brookline 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.

Brookline Bancorp's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-101.90.

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

BRKL's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.515
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Brookline Bancorp Net-Net Working Capital Historical Data

The historical data trend for Brookline 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.

Brookline Bancorp Net-Net Working Capital Chart

Brookline Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.96 -86.70 -83.94 -93.10 -101.90

Brookline Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -98.63 -99.81 -100.18 -101.90 -102.41

Competitive Comparison of Brookline Bancorp's Net-Net Working Capital

For the Banks - Regional subindustry, Brookline 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.


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

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

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



Brookline Bancorp Net-Net Working Capital Calculation

Brookline Bancorp'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 )
=(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)
=(133.027+916.16+0.75 * 0+0.5 * 0-10183.612
-0-0)/89.6437
=-101.90

Brookline Bancorp'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)
=(133.027+916.16+0.75 * 0+0.5 * 0-10183.612
-0-0)/89.6437
=-101.90

* 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.


Brookline Bancorp  (NAS:BRKL) 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.


Brookline Bancorp Net-Net Working Capital Related Terms

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Brookline Bancorp (Brookline Bancorp) Business Description

Traded in Other Exchanges
Address
131 Clarendon Street, Boston, MA, USA, 02116
Brookline Bancorp Inc operates as a multi-bank holding company. It offers commercial, business and retail banking services, including a full complement of cash management products, online banking services, consumer and residential loans.
Executives
John A Hackett director 131 CLARENDON STREET, BOSTON MA 02116
Hill Willard I Jr director 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Michael P Goldrick officer: CEO PCSB Bank 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Carl M Carlson officer: Chief Financial Officer 131 CLARENDON STREET, BOSTON MA 02116
Bogdan Nowak director 131 CLARENDON STREET, BOSTON MA 02116
David C Chapin director 131 CLARENDON STREET, BOSTON MA 02116
Margaret Boles Fitzgerald director 131 CLARENDON STREET, BOSTON MA 02116
Doyle John J Jr director 131 CLARENDON STREET, BOSTON MA 02116
William C Tsonos officer: CEO Bank Rhode Island 131 CLARENDON STREET, BOSTON MA 02116
Charles H Peck director 131 CLARENDON STREET, BOSTON MA 02116
Michael W. Mccurdy officer: CRO and General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Marissa S. Martin officer: General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Darryl J. Fess officer: CEO, Brookline Bank 131 CLARENDON STREET, BOSTON MA 02116
James M Cosman officer: Director of Operations 131 CLARENDON STREET, BOSTON MA 02116
Janytra M Brooks officer: Chief Human Resources Officer 131 CLARENDON STREET, BOSTON MA 02116