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ENB Financial (ENB Financial) Net-Net Working Capital : $-238.93 (As of Mar. 2024)


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What is ENB Financial 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.

ENB Financial's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-238.93.

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

ENBP's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.92
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

ENB Financial Net-Net Working Capital Historical Data

The historical data trend for ENB Financial'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.

ENB Financial Net-Net Working Capital Chart

ENB Financial 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 -123.96 -136.67 -154.62 -211.99 -235.03

ENB Financial 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 -219.92 -226.41 -236.07 -235.03 -238.93

Competitive Comparison of ENB Financial's Net-Net Working Capital

For the Banks - Regional subindustry, ENB Financial'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.


ENB Financial's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

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



ENB Financial Net-Net Working Capital Calculation

ENB Financial'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)
=(88.996+459.569+0.75 * 0+0.5 * 0-1881.17
-0-0)/5.67005
=-235.03

ENB Financial'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 )
=(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)
=(67.853+446.774+0.75 * 0+0.5 * 0-1870.106
-0-0)/5.67302
=-238.93

* 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.


ENB Financial  (OTCPK:ENBP) 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.


ENB Financial Net-Net Working Capital Related Terms

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ENB Financial (ENB Financial) Business Description

Traded in Other Exchanges
N/A
Address
31 E. Main Street, Ephrata, PA, USA, 17522
ENB Financial Corp operates as a bank. It offers services such as checking, savings, loans, online banking, credit cards, student loans, cars and vehicle loans, and other banking-related services. The bank generates its revenue in the form of interest income.
Executives
Jeffrey Stauffer director, officer: Chairman, President, and CEO, Chairman of the Board 31 E MAIN ST, EPHRATA PA 17522
Adrienne Lea Miller officer: General Counsel, other: Corporate Secretary 31 E. MAIN STREET, EPHRATA PA 17522
Chad E Neiss officer: Chief Strategy Officer 31 E MAIN ST, EPHRATA PA 17522
Rachel G Bitner officer: Chief Financial Officer, other: Treasurer of Corporation 31 E MAIN ST, EPHRATA PA 17522
Joshua E. Hoffman director 31 E MAIN ST, EPHRATA PA 17522
Joselyn D Strohm officer: Chief Operating Officer 31 E. MAIN STREET, EPHRATA PA 17522
Kitsch William J Iv officer: Chief Revenue Officer 31 E MAIN ST, EPHRATA PA 17522
Roger L Zimmerman director 380 BLUE LAKE ROAD, DENVER PA 17517
Nicholas D Klein officer: Chief Risk Officer 31 E. MAIN STREET, EPHRATA PA 17522
Mark C Wagner director 4040 MARKLE ROAD, BROGUE PA 17309
Jennifer Halligan officer: Controller 688 FAIRMONT AVENUE, MOHNTON PA 19540
J Daniel Stoltzfus director 540 WHITE SCHOOL ROAD, HONEY BROOK PA 19344
Cindy L. Cake officer: Chief Human Resources Officer 31 E MAIN ST, EPHRATA PA 17522
Matthew T Long officer: Chief Operating Officer 36 BREEZE WAY, LANCASTER PA 17602
Brian K Reed director 2564 VALLEY ROAD, MANHEIM PA 17545