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Bemax (BMXC) Net-Net Working Capital : $0.00 (As of May. 2017)


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What is Bemax 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.

Bemax's Net-Net Working Capital for the quarter that ended in May. 2017 was $0.00.

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

BMXC's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.885
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bemax Net-Net Working Capital Historical Data

The historical data trend for Bemax'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.

Bemax Net-Net Working Capital Chart

Bemax Annual Data
Trend May14 May15 May16 May17
Net-Net Working Capital
- - - -

Bemax Semi-Annual Data
May14 May15 May16 May17
Net-Net Working Capital - - - -

Competitive Comparison of Bemax's Net-Net Working Capital

For the Household & Personal Products subindustry, Bemax'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.


Bemax's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bemax's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Bemax Net-Net Working Capital Calculation

Bemax's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2017 is calculated as

Net-Net Working Capital(A: May. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.039+0.75 * 0+0.5 * 0.194-0.719
-0.005-0)/0
=N/A

Bemax's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2017 is calculated as

Net-Net Working Capital(Q: May. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.039+0.75 * 0+0.5 * 0.194-0.719
-0.005-0)/0
=N/A

* 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.


Bemax  (OTCPK:BMXC) 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.


Bemax Net-Net Working Capital Related Terms

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Bemax Business Description

Traded in Other Exchanges
N/A
Address
625 Silver Oak Drive, Dallas, GA, USA, 30132
Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.
Executives
Taiwo Aimasiko director, officer: CEO 625 SILVER OAK DRIVE, DALLAS GA 30132

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