GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Evergreen Max Cash Capital Bhd (XKLS:0286) » Definitions » Net-Net Working Capital

Evergreen Max Cash Capital Bhd (XKLS:0286) Net-Net Working Capital : RM0.10 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Evergreen Max Cash Capital Bhd 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.

Evergreen Max Cash Capital Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2024 was RM0.10.

The industry rank for Evergreen Max Cash Capital Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:0286's Price-to-Net-Net-Working-Capital is ranked better than
60.53% of 76 companies
in the Credit Services industry
Industry Median: 6.4 vs XKLS:0286: 4.50

Evergreen Max Cash Capital Bhd Net-Net Working Capital Historical Data

The historical data trend for Evergreen Max Cash Capital Bhd'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.

Evergreen Max Cash Capital Bhd Net-Net Working Capital Chart

Evergreen Max Cash Capital Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-0.05 -0.05 -0.03 -0.05 -0.01

Evergreen Max Cash Capital Bhd Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -0.05 - 0.12 -0.01 0.10

Competitive Comparison of Evergreen Max Cash Capital Bhd's Net-Net Working Capital

For the Credit Services subindustry, Evergreen Max Cash Capital Bhd'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.


Evergreen Max Cash Capital Bhd's Price-to-Net-Net-Working-Capital Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Evergreen Max Cash Capital Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Evergreen Max Cash Capital Bhd's Price-to-Net-Net-Working-Capital falls into.



Evergreen Max Cash Capital Bhd Net-Net Working Capital Calculation

Evergreen Max Cash Capital Bhd'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)
=(34.752+0.75 * 25.293+0.5 * 1.988-67.618
-0-0)/1114.9
=-0.01

Evergreen Max Cash Capital Bhd'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(50.658+0.75 * 208.32+0.5 * 2.383-93.339
-0-0)/1114.9
=0.10

* 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.


Evergreen Max Cash Capital Bhd  (XKLS:0286) 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.


Evergreen Max Cash Capital Bhd Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Evergreen Max Cash Capital Bhd's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Evergreen Max Cash Capital Bhd (XKLS:0286) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Lima Off, Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200
Evergreen Max Cash Capital Bhd is an investment holding company that operates through its subsidiaries. The Group is principally involved in the provision of pawnbroking services. It is also involved in the business of retail and trading of gold and other products as well as provision of pawnbroking consultancy services and IT solutions to third-party pawnbrokers.

Evergreen Max Cash Capital Bhd (XKLS:0286) Headlines

No Headlines