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BSBK (Bogota Financial) Net-Net Working Capital : $-55.82 (As of Sep. 2024)


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What is Bogota 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.

Bogota Financial's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-55.82.

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

BSBK's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 8.795
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bogota Financial Net-Net Working Capital Historical Data

The historical data trend for Bogota 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.

Bogota Financial Net-Net Working Capital Chart

Bogota Financial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -96.95 -39.37 -37.03 -51.57 -54.81

Bogota Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -53.49 -54.81 -54.84 -55.74 -55.82

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

For the Banks - Regional subindustry, Bogota 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.


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

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

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



Bogota Financial Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: 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)
=(24.929+68.888+0.75 * 3.933+0.5 * 0-802.151
-0-0)/12.8695
=-54.81

Bogota Financial's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 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)
=(21.003+108.561+0.75 * 4.353+0.5 * 0-841.95
-0-0)/12.7027
=-55.82

* 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.


Bogota Financial  (NAS:BSBK) 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.


Bogota Financial Net-Net Working Capital Related Terms

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


Bogota Financial Business Description

Traded in Other Exchanges
N/A
Address
819 Teaneck Road, Teaneck, New Jersey, NJ, USA, 07666
Bogota Financial Corp is a New Jersey-based bank. It offers personal and business banking services such as savings, certificates of deposits, online banking, loans, and many more. The Bank generally grants residential, commercial, and consumer loans to, and accepts deposits from, customers in New Jersey.
Executives
John J. Masterson director 24 COUNTRY CLUB WAY, DEMAREST NJ 07627
Kevin Pace officer: Executive Vice President 819 TEANECK ROAD, TEANECK NJ 07666
Robert C. Walsh officer: Executive Vice President 819 TEANECK ROAD, TEANECK NJ 07666
Joseph Coccaro director, officer: President and CEO 819 TEANECK ROAD, TEANECK NJ 07666
William Charles Hanson director 819 TEANECK ROAD, TEANECK NJ 07666
Steven M. Goldberg director, other: Chairman of the Board 819 TEANECK ROAD, TEANECK NJ 07666
John G. Reiner director 819 TEANECK ROAD, TEANECK NJ 07666
Brian Kohles officer: SVP of Subsidiary 819 TEANECK ROAD, TEANECK NJ 07666
Brian Mccourt officer: EVP and CFO 819 TEANECK ROAD, TEANECK NJ 07666
Financial, Mhc Bogota 10 percent owner 819 TEANECK ROAD, TEANECK NJ 07666
Patricia Sturt officer: SVP of Subsidiary 819 TEANECK ROAD, TEANECK NJ 07666
Kathleen Pless officer: SVP- Comm Lending of Sub 819 TEANECK ROAD, TEANECK NJ 07666
Bruce H. Dexter director 819 TEANECK ROAD, TEANECK NJ 07666
Gary Gensheimer director 819 TEANECK ROAD, TEANECK NJ 07666