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Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) Net-Net Working Capital : ₺0.00 (As of Dec. 2018)


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What is Mensa Sinai Ticari Mali Yatirimlar A.S. 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.

Mensa Sinai Ticari Mali Yatirimlar A.S.'s Net-Net Working Capital for the quarter that ended in Dec. 2018 was ₺0.00.

The industry rank for Mensa Sinai Ticari Mali Yatirimlar A.S.'s Net-Net Working Capital or its related term are showing as below:

IST:MEMS1.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.36
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mensa Sinai Ticari Mali Yatirimlar A.S. Net-Net Working Capital Historical Data

The historical data trend for Mensa Sinai Ticari Mali Yatirimlar A.S.'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.

Mensa Sinai Ticari Mali Yatirimlar A.S. Net-Net Working Capital Chart

Mensa Sinai Ticari Mali Yatirimlar A.S. Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec17 Dec18
Net-Net Working Capital
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Mensa Sinai Ticari Mali Yatirimlar A.S. Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec17 Dec18
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Competitive Comparison of Mensa Sinai Ticari Mali Yatirimlar A.S.'s Net-Net Working Capital

For the Textile Manufacturing subindustry, Mensa Sinai Ticari Mali Yatirimlar A.S.'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.


Mensa Sinai Ticari Mali Yatirimlar A.S.'s Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mensa Sinai Ticari Mali Yatirimlar A.S.'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Mensa Sinai Ticari Mali Yatirimlar A.S.'s Price-to-Net-Net-Working-Capital falls into.



Mensa Sinai Ticari Mali Yatirimlar A.S. Net-Net Working Capital Calculation

Mensa Sinai Ticari Mali Yatirimlar A.S.'s Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net-Net Working Capital(A: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.01+0.75 * 0+0.5 * 0.025-146.888
-0-0)/0
=N/A

Mensa Sinai Ticari Mali Yatirimlar A.S.'s Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2018 is calculated as

Net-Net Working Capital(Q: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.01+0.75 * 0+0.5 * 0.025-146.888
-0-0)/0
=N/A

* 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.


Mensa Sinai Ticari Mali Yatirimlar A.S.  (IST:MEMS1.PFD) 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.


Mensa Sinai Ticari Mali Yatirimlar A.S. Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Mensa Sinai Ticari Mali Yatirimlar A.S.'s Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Mehmet Ozmen Nesih Precious Quarter Street No: 27, Ors Business Centre Floor: 1 Apartment 4 / B Merter, Gungoren, Istanbul, TUR, 01323
Mensa Sinai Ticari Mali Yatirimlar AS produces cotton, polyester, linen, viscose fabrics and other textile products. The company sells in Turkey and exports to various retail chain stores.

Mensa Sinai Ticari Mali Yatirimlar A.S. (IST:MEMS1.PFD) Headlines

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