GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) » Definitions » Net-Net Working Capital

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Net-Net Working Capital : ₺-18.18 (As of Jun. 2023)


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What is Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS 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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Net-Net Working Capital for the quarter that ended in Jun. 2023 was ₺-18.18.

The industry rank for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Net-Net Working Capital or its related term are showing as below:

IST:LKMNH's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Net-Net Working Capital Historical Data

The historical data trend for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS'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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Net-Net Working Capital Chart

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.26 -6.32 -6.27 -24.61 -21.86

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -15.79 -24.61 -16.17 -18.18 -21.86

Competitive Comparison of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Net-Net Working Capital

For the Medical Care Facilities subindustry, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS'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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Price-to-Net-Net-Working-Capital falls into.



Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Net-Net Working Capital Calculation

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(37.615+0.75 * 223.88+0.5 * 100.897-959.224
-0-83.753)/36
=-21.86

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(46.611+0.75 * 141.117+0.5 * 73.304-793.099
-0-50.404)/36.000
=-18.18

* 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS  (IST:LKMNH) 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Net-Net Working Capital Related Terms

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Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Business Description

Traded in Other Exchanges
N/A
Address
General Doktor Tevfik Sa?lam Caddesi No: 119 Etlik-Keçiören, Ankara, TUR, 06010
Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS is engaged in operation of hospitals. Its activities include emergency service, neurosurgery, dietetic, gynecology, rehabilitation, urology, orthopedics and cardiology services.

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