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Al Ain Ahlia Insurance Co PSC (ADX:ALAIN) Net-Net Working Capital : د.إ-80.65 (As of Dec. 2024)


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What is Al Ain Ahlia Insurance Co PSC 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.

Al Ain Ahlia Insurance Co PSC's Net-Net Working Capital for the quarter that ended in Dec. 2024 was د.إ-80.65.

The industry rank for Al Ain Ahlia Insurance Co PSC's Net-Net Working Capital or its related term are showing as below:

ADX:ALAIN's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 6.655
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Al Ain Ahlia Insurance Co PSC Net-Net Working Capital Historical Data

The historical data trend for Al Ain Ahlia Insurance Co PSC'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.

Al Ain Ahlia Insurance Co PSC Net-Net Working Capital Chart

Al Ain Ahlia Insurance Co PSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.72 -58.05 -39.10 -37.77 -80.65

Al Ain Ahlia Insurance Co PSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 -64.72 -58.05 -39.10 -37.77 -80.65

Competitive Comparison of Al Ain Ahlia Insurance Co PSC's Net-Net Working Capital

For the Insurance - Diversified subindustry, Al Ain Ahlia Insurance Co PSC'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.


Al Ain Ahlia Insurance Co PSC's Price-to-Net-Net-Working-Capital Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al Ain Ahlia Insurance Co PSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Al Ain Ahlia Insurance Co PSC's Price-to-Net-Net-Working-Capital falls into.


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Al Ain Ahlia Insurance Co PSC Net-Net Working Capital Calculation

Al Ain Ahlia Insurance Co PSC's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(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)
=(65.032+578.812+0.75 * 0+0.5 * 0-1853.606
-0-0)/15.000
=-80.65

Al Ain Ahlia Insurance Co PSC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(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)
=(65.032+578.812+0.75 * 0+0.5 * 0-1853.606
-0-0)/15.000
=-80.65

* 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.


Al Ain Ahlia Insurance Co PSC  (ADX:ALAIN) 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.


Al Ain Ahlia Insurance Co PSC Net-Net Working Capital Related Terms

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Al Ain Ahlia Insurance Co PSC Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, P.O. Box 3077, Al Ain Insurance Company Building, Behind Al Jazira Sports Club, Abu Dhabi, ARE
Al Ain Ahlia Insurance Co PSC is an Abu Dhabi-based insurance company providing a range of insurance products and services including motor, engineering, health, property, marine, energy, and aviation insurance as well as reinsurance solutions. The company operates its business in two segments: Underwriting of General Insurance Business and Investments, out of which the company derives maximum revenue from the Underwriting of General Insurance business in the form of insurance contracts and commission income incorporating all classes of general insurance such as fire, marine, motor, medical, general accident and miscellaneous.

Al Ain Ahlia Insurance Co PSC Headlines

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