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WVS Financial (WVS Financial) Net-Net Working Capital : $-185.24 (As of Dec. 2023)


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What is WVS Financial 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.

WVS Financial's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-185.24.

The industry rank for WVS Financial's Net-Net Working Capital or its related term are showing as below:

WVFC's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.525
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

WVS Financial Net-Net Working Capital Historical Data

The historical data trend for WVS Financial'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.

WVS Financial Net-Net Working Capital Chart

WVS Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -110.60 -104.96 -95.81 -121.70 -144.37

WVS Financial Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 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 -120.16 -121.70 - -144.37 -185.24

Competitive Comparison of WVS Financial's Net-Net Working Capital

For the Banks - Regional subindustry, WVS Financial'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.


WVS Financial's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WVS Financial's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where WVS Financial's Price-to-Net-Net-Working-Capital falls into.



WVS Financial Net-Net Working Capital Calculation

WVS Financial's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(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)
=(25.171+48.872+0.75 * 1.516+0.5 * 0-325.66
-0-0)/1.73499
=-144.37

WVS Financial's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(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)
=(2.844+0+0.75 * 0+0.5 * 0-323.828
-0-0)/1.73279
=-185.24

* 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.


WVS Financial  (OTCPK:WVFC) 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.


WVS Financial Net-Net Working Capital Related Terms

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


WVS Financial (WVS Financial) Business Description

Traded in Other Exchanges
N/A
Address
9001 Perry Highway, Pittsburgh, PA, USA, 15237
WVS Financial Corp provides various banking products and services to residents and businesses. The principal categories of loans in the portfolio are single-family and multi-family residential real estate loans, commercial real estate loans, construction loans, consumer loans, and commercial loans. The company offers various deposit products, including regular savings accounts, demand accounts, negotiable order of withdrawal accounts, money market deposit accounts, and certificates of deposit, as well as individual retirement account certificates.
Executives
Twomey Edward F Iii director 10081 OAKRIDGE DRIVE, WEXFORD PA 15090
Howard John A Jr director
Mary Magestro-johnston officer: VP,Treas,Chief Acctg Officer 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
Lawrence M Lehman director WVS FINANCIAL CORP, 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
Linda K Butia officer: VP, Treas, Chief Acctg Officer 2413 BELLWOOD DRIVE, PITTSBURGH PA 15237
Margaret Vonderau director WVS FINANCIAL CORP, 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
Bernard P Lefke officer: VP Savings 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
Keith A Simpson officer: V.P., Treasurer & CAO WVS FINANCIAL CORP, 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
Joseph W Unger director 3467 BABCOCK BOULEVARD, PITTSBURGH PA 15237
Michael R Rutan officer: SR. VP - OPERATIONS 9356 ALMAR PLACE, PITTSBURGH PA 15237
Donald E Hook director WVS FINANCIAL CORP, 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
John W Grace director 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
Arthur H Brandt director WVS FINANCIAL CORP, 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
David L Aeberli director WVS FINANCIAL CORP, 9001 PERRY HIGHWAY, PITTSBURGH PA 15237
David J Bursic director, officer: President/CEO/Director C/O WVS FINANCIAL CORP, 9001 PERRY HIGHWAY, PITTSBURGH PA 15237

WVS Financial (WVS Financial) Headlines

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