GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sikder Insurance Co Ltd (DHA:SICL) » Definitions » Net-Net Working Capital

Sikder Insurance Co (DHA:SICL) Net-Net Working Capital : BDT-21.15 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Sikder Insurance Co 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.

Sikder Insurance Co's Net-Net Working Capital for the quarter that ended in Sep. 2024 was BDT-21.15.

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

DHA:SICL's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 6.895
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sikder Insurance Co Net-Net Working Capital Historical Data

The historical data trend for Sikder Insurance Co'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.

Sikder Insurance Co Net-Net Working Capital Chart

Sikder Insurance Co Annual Data
Trend
Net-Net Working Capital

Sikder Insurance Co Quarterly Data
Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial - - -24.00 -21.13 -21.15

Competitive Comparison of Sikder Insurance Co's Net-Net Working Capital

For the Insurance - Diversified subindustry, Sikder Insurance Co'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.


Sikder Insurance Co's Price-to-Net-Net-Working-Capital Distribution in the Insurance Industry

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

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


;
;

Sikder Insurance Co Net-Net Working Capital Calculation

Sikder Insurance Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Sikder Insurance Co'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)
=(297.962+0+0.75 * 0+0.5 * 0-1143.844
-0-0)/40.000
=-21.15

* 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.


Sikder Insurance Co  (DHA:SICL) 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.


Sikder Insurance Co Net-Net Working Capital Related Terms

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


Sikder Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
295/Ja/14, Rayer Bazar, Monica Estate, Dhaka, BGD, 1209
Sikder Insurance Co Ltd underwrites major insurance businesses such as Fire Accidental Damage on Property Insurance, Marine Cargo Insurance, Marine Hull, Liability Insurance, Aviation Insurance, Motor Insurance, Engineering Insurance & Miscellaneous Insurance. It run all types of General Insurance Businesses other than Life Insurance Business.

Sikder Insurance Co Headlines

No Headlines