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Alon Blue Square Israel (Alon Blue Square Israel) Net-Net Working Capital : $-253.64 (As of Mar. 2016)


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What is Alon Blue Square Israel 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.

Alon Blue Square Israel's Net-Net Working Capital for the quarter that ended in Mar. 2016 was $-253.64.

The industry rank for Alon Blue Square Israel's Net-Net Working Capital or its related term are showing as below:

BSIRY's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Alon Blue Square Israel Net-Net Working Capital Historical Data

The historical data trend for Alon Blue Square Israel'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.

Alon Blue Square Israel Net-Net Working Capital Chart

Alon Blue Square Israel Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -216.70 -232.78 -239.46 -245.51 -260.56

Alon Blue Square Israel Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -233.95 -236.84 -262.26 -260.56 -253.64

Competitive Comparison of Alon Blue Square Israel's Net-Net Working Capital

For the Department Stores subindustry, Alon Blue Square Israel'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.


Alon Blue Square Israel's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alon Blue Square Israel's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Alon Blue Square Israel's Price-to-Net-Net-Working-Capital falls into.



Alon Blue Square Israel Net-Net Working Capital Calculation

Alon Blue Square Israel's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2015 is calculated as

Net-Net Working Capital(A: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(112.613+0.75 * 0.984+0.5 * 0-1591.265
-0-240.593)/6.59544
=-260.56

Alon Blue Square Israel's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2016 is calculated as

Net-Net Working Capital(Q: Mar. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(106.842+0.75 * 7.905+0.5 * 0-1547.773
-0-237.882)/6.59544
=-253.64

* 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.


Alon Blue Square Israel  (OTCPK:BSIRY) 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.


Alon Blue Square Israel Net-Net Working Capital Related Terms

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Alon Blue Square Israel (Alon Blue Square Israel) Business Description

Traded in Other Exchanges
N/A
Address
Alon Blue Square Israel Ltd was incorporated in June 1988 as a company under the laws of the State of Israel. The Company owns and operates supermarkets and retail outlets. It operates in four reporting segments: Supermarkets, Fueling and Commercial sites, Non-Food Retail & Wholesale, and Real Estate. In its Supermarkets segment, it is a food retailer in the State of Israel. In its Fueling and Commercial Sites segment, it operates a chain of filling stations and convenience stores in different formats in Israel. In its 'Non-Food' segment, it sells 'Non-Food' items both in its supermarkets and in stand alone outlets. In its Real Estate segment, it owns leases and develops yield-generating commercial properties and residency projects. Through its supermarkets, it offers a range of food and beverage products and 'Non-Food' items, such as houseware, small electrical appliances, computers and computer accessories, entertainment products and textile products, and 'Near-Food' products, such as health and beauty aids, products for babies, cosmetics and hygiene products. It also operates several houseware departments within its large stores. Through its stand alone 'Non-Food' outlets, it offers a range of houseware and home textile, toys, leisure and baby products. The Company competes with the other supermarket chain, Shufersal, low-priced smaller supermarket chains, independent grocers, open-air markets, and other retailers selling supermarket goods. Its non-food business is subject to Israeli laws relating to imports, customs, labeling of products and consumer protection laws, as well as to labor laws and license and permit laws as apply to the operation of its network of stores. The Company is subject to safety tests, quality control and certification by the Standards Institution of Israel.

Alon Blue Square Israel (Alon Blue Square Israel) Headlines

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