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CleanSpace Holdings (ASX:CSX) Net-Net Working Capital : A$0.09 (As of Dec. 2024)


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What is CleanSpace Holdings 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.

CleanSpace Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2024 was A$0.09.

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

ASX:CSX's Price-to-Net-Net-Working-Capital is ranked better than
60.87% of 437 companies
in the Medical Devices & Instruments industry
Industry Median: 6.81 vs ASX:CSX: 5.00

CleanSpace Holdings Net-Net Working Capital Historical Data

The historical data trend for CleanSpace Holdings'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.

CleanSpace Holdings Net-Net Working Capital Chart

CleanSpace Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Net-Net Working Capital
0.36 0.62 0.24 0.11 0.08

CleanSpace Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.11 0.08 0.08 0.09

Competitive Comparison of CleanSpace Holdings's Net-Net Working Capital

For the Medical Devices subindustry, CleanSpace Holdings'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.


CleanSpace Holdings's Price-to-Net-Net-Working-Capital Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, CleanSpace Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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CleanSpace Holdings Net-Net Working Capital Calculation

CleanSpace Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.764+0.75 * 2.79+0.5 * 2.865-6.95
-0-0)/77.360
=0.08

CleanSpace Holdings'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.27+0.75 * 4.396+0.5 * 2.658-6.176
-0-0)/77.975
=0.09

* 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.


CleanSpace Holdings  (ASX:CSX) 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.


CleanSpace Holdings Net-Net Working Capital Related Terms

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CleanSpace Holdings Business Description

Traded in Other Exchanges
N/A
Address
Unit 5/39 Herbert Street, Saint Leonards, NSW, AUS, 2065
CleanSpace Holdings Ltd manufactures and sells respirators and related products and services. Its products include Compare, CleanSpace HALO, CleanSpace ULTRA, Masks, Filters, and Compatible Products. The company's operating segment is based on regions that include, Europe, Asia, and North America, and the majority of its revenue is generated from Europe.