GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cross-Harbour (Holdings) Ltd (GREY:CRHHF) » Definitions » Net-Net Working Capital

CRHHF (Cross-Harbour (Holdings)) Net-Net Working Capital : $1.00 (As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Cross-Harbour (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.

Cross-Harbour (Holdings)'s Net-Net Working Capital for the quarter that ended in Dec. 2024 was $1.00.

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

CRHHF's Price-to-Net-Net-Working-Capital is ranked better than
91.4% of 93 companies
in the Education industry
Industry Median: 7.36 vs CRHHF: 1.05

Cross-Harbour (Holdings) Net-Net Working Capital Historical Data

The historical data trend for Cross-Harbour (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.

Cross-Harbour (Holdings) Net-Net Working Capital Chart

Cross-Harbour (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.07 0.89 0.85 1.00

Cross-Harbour (Holdings) Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 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 0.89 0.81 0.85 0.89 1.00

Competitive Comparison of Cross-Harbour (Holdings)'s Net-Net Working Capital

For the Education & Training Services subindustry, Cross-Harbour (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.


Cross-Harbour (Holdings)'s Price-to-Net-Net-Working-Capital Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cross-Harbour (Holdings)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Cross-Harbour (Holdings)'s Price-to-Net-Net-Working-Capital falls into.


;
;

Cross-Harbour (Holdings) Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(514.969+0.75 * 1.669+0.5 * 0.171-117.46
-0-24.378)/372.688
=1.00

Cross-Harbour (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)
=(514.969+0.75 * 1.669+0.5 * 0.171-117.46
-0-24.378)/372.688
=1.00

* 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.


Cross-Harbour (Holdings)  (GREY:CRHHF) 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.


Cross-Harbour (Holdings) Net-Net Working Capital Related Terms

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


Cross-Harbour (Holdings) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, China Resources Building, 25th Floor, Wanchai, Hong Kong, HKG
Cross-Harbour (Holdings) Ltd is a Hong Kong-based company that operates instructional driving schools. The principal activity of the firm is an investment holding with an emphasis on transport infrastructures tunnel operation, the operation of driver training centers, and the operation of electronic toll collection systems. The company's Hong Kong School of Motoring is one of the instructional driving programs in Hong Kong. The School of Motoring provides training for both new and advanced drivers as well as training for commercial operators and public organizations. Fees from its driving school operations represent the majority of the company's revenue.

Cross-Harbour (Holdings) Headlines

No Headlines