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Banco Suquia (BUE:BSUQ5) Net-Net Working Capital : ARS-0.49 (As of Sep. 2013)


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What is Banco Suquia 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.

Banco Suquia's Net-Net Working Capital for the quarter that ended in Sep. 2013 was ARS-0.49.

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

BUE:BSUQ5's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.88
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Banco Suquia Net-Net Working Capital Historical Data

The historical data trend for Banco Suquia'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.

Banco Suquia Net-Net Working Capital Chart

Banco Suquia Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Net-Net Working Capital
Get a 7-Day Free Trial -0.27 -0.26 -0.27 -0.33 -0.41

Banco Suquia Quarterly Data
Dec07 Dec08 Dec09 Dec10 Jun11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -144.46 -0.41 -0.44 -0.46 -0.49

Competitive Comparison of Banco Suquia's Net-Net Working Capital

For the Banks - Regional subindustry, Banco Suquia'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.


Banco Suquia's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

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



Banco Suquia Net-Net Working Capital Calculation

Banco Suquia's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2012 is calculated as

Net-Net Working Capital(A: Dec. 2012 )
=(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)
=(3.868+0+0.75 * 0+0.5 * 0-46.817
-0-0)/106.02
=-0.41

Banco Suquia's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2013 is calculated as

Net-Net Working Capital(Q: Sep. 2013 )
=(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)
=(2.263+0+0.75 * 0+0.5 * 0-54.42
-0-0)/106.02
=-0.49

* 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.


Banco Suquia  (BUE:BSUQ5) 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.


Banco Suquia Net-Net Working Capital Related Terms

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Banco Suquia (BUE:BSUQ5) Business Description

Traded in Other Exchanges
N/A
Address
Ayacucho 60, Cordoba, ARG
Banco Suquia SA provides financial solutions to professionals, small to medium companies, and individuals in Argentina. It offers services, such as credit cards, foreign currency transactions, electronic banking services, insurance, security boxes, credit for business marketing development, among others.

Banco Suquia (BUE:BSUQ5) Headlines

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