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Blue Sky Alternative Investments (Blue Sky Alternative Investments) Net-Net Working Capital : $-0.10 (As of Dec. 2018)


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What is Blue Sky Alternative Investments 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.

Blue Sky Alternative Investments's Net-Net Working Capital for the quarter that ended in Dec. 2018 was $-0.10.

The industry rank for Blue Sky Alternative Investments's Net-Net Working Capital or its related term are showing as below:

BSKIF's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.19
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Blue Sky Alternative Investments Net-Net Working Capital Historical Data

The historical data trend for Blue Sky Alternative Investments'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.

Blue Sky Alternative Investments Net-Net Working Capital Chart

Blue Sky Alternative Investments Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Net-Net Working Capital
Get a 7-Day Free Trial -0.70 -0.64 -0.36 -0.82 -1.20

Blue Sky Alternative Investments Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 -0.12 -0.82 -1.16 -1.20 -0.10

Competitive Comparison of Blue Sky Alternative Investments's Net-Net Working Capital

For the Asset Management subindustry, Blue Sky Alternative Investments'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.


Blue Sky Alternative Investments's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Sky Alternative Investments's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Blue Sky Alternative Investments's Price-to-Net-Net-Working-Capital falls into.



Blue Sky Alternative Investments Net-Net Working Capital Calculation

Blue Sky Alternative Investments's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2018 is calculated as

Net-Net Working Capital(A: Jun. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(30.676+0.75 * 0.82+0.5 * 0.84-122.874
-0-2.204)/77.53
=-1.20

Blue Sky Alternative Investments's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2018 is calculated as

Net-Net Working Capital(Q: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(39.463+0.75 * 23.366+0.5 * 3.604-63.981
-0-2.775)/77.71
=-0.10

* 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.


Blue Sky Alternative Investments  (GREY:BSKIF) 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.


Blue Sky Alternative Investments Net-Net Working Capital Related Terms

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Blue Sky Alternative Investments (Blue Sky Alternative Investments) Business Description

Traded in Other Exchanges
N/A
Address
111 Eagle Street, Level 46, Brisbane, QLD, AUS, 4000
Blue Sky Alternative Investments Ltd is an alternative asset management company. It manages funds and investments across the four alternative asset classes namely, Private equity, Private real estate, Real assets And Hedge funds. Private equity class specializes in the fund that deploys capital into established growing businesses. Private real estate specializes in funds that include real estate investments focusing on student accommodation, retirement living, and commercial property. Real assets specialize in funds which include investments focusing on water entitlements and agribusiness. It generates a majority of the revenue from the management fees, which it receives by providing management services to the funds it manages. Its core operating segment is Alternative asset management.

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