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Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) Net-Net Working Capital : $-75.13 (As of Dec. 2019)


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What is Oak View National Bank Warrenton VA 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.

Oak View National Bank Warrenton VA's Net-Net Working Capital for the quarter that ended in Dec. 2019 was $-75.13.

The industry rank for Oak View National Bank Warrenton VA's Net-Net Working Capital or its related term are showing as below:

OAKV'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.

Oak View National Bank Warrenton VA Net-Net Working Capital Historical Data

The historical data trend for Oak View National Bank Warrenton VA'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.

Oak View National Bank Warrenton VA Net-Net Working Capital Chart

Oak View National Bank Warrenton VA Annual Data
Trend Dec18 Dec19
Net-Net Working Capital
-66.99 -75.13

Oak View National Bank Warrenton VA Semi-Annual Data
Dec18 Dec19
Net-Net Working Capital -66.99 -75.13

Competitive Comparison of Oak View National Bank Warrenton VA's Net-Net Working Capital

For the Banks - Regional subindustry, Oak View National Bank Warrenton VA'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.


Oak View National Bank Warrenton VA's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Oak View National Bank Warrenton VA's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Oak View National Bank Warrenton VA's Price-to-Net-Net-Working-Capital falls into.



Oak View National Bank Warrenton VA Net-Net Working Capital Calculation

Oak View National Bank Warrenton VA's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2019 is calculated as

Net-Net Working Capital(A: Dec. 2019 )
=(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)
=(19.069+0+0.75 * 0.6+0.5 * 0-239.572
-0-0)/2.929
=-75.13

Oak View National Bank Warrenton VA's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2019 is calculated as

Net-Net Working Capital(Q: Dec. 2019 )
=(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)
=(19.069+0+0.75 * 0.6+0.5 * 0-239.572
-0-0)/2.929
=-75.13

* 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.


Oak View National Bank Warrenton VA  (OTCPK:OAKV) 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.


Oak View National Bank Warrenton VA Net-Net Working Capital Related Terms

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Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) Business Description

Traded in Other Exchanges
N/A
Address
128 Broadview Avenue, Warrenton, VA, USA, 20186
Oak View National Bank Warrenton VA operates as a national banking association to engage in a general banking business serving the communities in and around Marshall and Warrenton, Virginia. The company offers community banking services to small businesses, professionals and non-profit organizations. It also offers expansive digital channels and mortgage products for residential, commercial and farm purposes.