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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Net-Net Working Capital : $-4.22 (As of Dec. 2021)


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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net-Net Working Capital for the quarter that ended in Dec. 2021 was $-4.22.

The industry rank for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net-Net Working Capital or its related term are showing as below:

BNZIF's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.86
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Net-Net Working Capital Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Net-Net Working Capital Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -69.28 -63.37 -4.52 -4.22 -2.47

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Dec22
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 -52.65 -5.35 -4.52 -4.22 -2.47

Competitive Comparison of Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net-Net Working Capital

For the Banks - Regional subindustry, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Price-to-Net-Net-Working-Capital falls into.



Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Net-Net Working Capital Calculation

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(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)
=(121.41+0+0.75 * 0+0.5 * 0-3959.633
-0-0)/1551.43
=-2.47

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2021 is calculated as

Net-Net Working Capital(Q: Dec. 2021 )
=(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)
=(251.633+0+0.75 * 0+0.5 * 0-4341.084
-0-0)/969.975
=-4.22

* 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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (OTCPK:BNZIF) 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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Net-Net Working Capital Related Terms

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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Headlines

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