PT Borneo Olahrana Sukses Tbk (ISX:BOSS) Net-Net Working Capital: Rp-525.99 (As of Sep. 2023)

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ISX:BOSS PT Borneo Olah Sarana Sukses Tbk ISX:BOSS
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Price Rp50.00
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What is PT Borneo Olahrana Sukses Tbk Net-Net Working Capital?

PT Borneo Olahrana Sukses Tbk ISX:BOSS 4 Net-Net Working Capital is Rp-525.99 as of Sep. 2023. GuruFocus rates ISX:BOSS with a GF Score™ of 4/100.

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.

PT Borneo Olahrana Sukses Tbk's Net-Net Working Capital for the quarter that ended in Sep. 2023 was Rp-525.99.

The industry rank for PT Borneo Olahrana Sukses Tbk's Net-Net Working Capital or its related term are showing as below:

ISX:BOSS's Price-to-Net-Net-Working-Capital is not ranked *
in the Other Energy Sources industry.
Industry Median: 7.8
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PT Borneo Olahrana Sukses Tbk  (ISX:BOSS) 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.


PT Borneo Olahrana Sukses Tbk Net-Net Working Capital Related Terms


PT Borneo Olahrana Sukses Tbk Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for PT Borneo Olahrana Sukses Tbk'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.

PT Borneo Olahrana Sukses Tbk Net-Net Working Capital Chart

PT Borneo Olahrana Sukses Tbk 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 -187.21 -381.27 -410.31 -407.65 -468.56

PT Borneo Olahrana Sukses Tbk Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -447.69 -437.45 -468.56 -485.68 -525.99

PT Borneo Olahrana Sukses Tbk Net-Net Working Capital Competitor Comparison

For the Thermal Coal subindustry, PT Borneo Olahrana Sukses Tbk'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.


PT Borneo Olahrana Sukses Tbk Price-to-Net-Net-Working-Capital vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Borneo Olahrana Sukses Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PT Borneo Olahrana Sukses Tbk's Price-to-Net-Net-Working-Capital falls into.


ISX:BOSS
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PT Borneo Olah Sarana Sukses Tbk ISX:BOSS
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Borneo Olahrana Sukses Tbk Net-Net Working Capital Calculation

PT Borneo Olahrana Sukses Tbk'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15314.05+0.75 * 35746.572+0.5 * 80781.536-738491.466
-0-0.569)/1400.000
=-468.56

PT Borneo Olahrana Sukses Tbk's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(958.252+0.75 * 43498.723+0.5 * 54695.203-797310.34
-0-0.282)/1400.000
=-525.99

* 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.

What does a Net-Net Working Capital of Rp-525.99 mean?
PT Borneo Olahrana Sukses Tbk (ISX:BOSS) has a Net-Net Working Capital of Rp-525.99 as of Sep. 2023. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on PT Borneo Olahrana Sukses Tbk
Is PT Borneo Olahrana Sukses Tbk's Net-Net Working Capital too high?
PT Borneo Olahrana Sukses Tbk's current Net-Net Working Capital is Rp-525.99. Overall, PT Borneo Olahrana Sukses Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Borneo Olahrana Sukses Tbk's Net-Net Working Capital compare to competitors?
PT Borneo Olahrana Sukses Tbk's Net-Net Working Capital of Rp-525.99 can be compared against companies in the Other Energy Sources industry. The industry median Net-Net Working Capital is 7.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Other Energy Sources company?
The median Net-Net Working Capital among Other Energy Sources companies is 7.80, based on 65 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on PT Borneo Olahrana Sukses Tbk For the Other Energy Sources industry, the median Net-Net Working Capital is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Borneo Olahrana Sukses Tbk's current Net-Net Working Capital is Rp-525.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Borneo Olahrana Sukses Tbk stock overvalued right now?
PT Borneo Olahrana Sukses Tbk (ISX:BOSS) has a current Net-Net Working Capital of Rp-525.99. The current Net-Net Working Capital is Rp-525.99. PT Borneo Olahrana Sukses Tbk's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For PT Borneo Olahrana Sukses Tbk (ISX:BOSS), the current Net-Net Working Capital is Rp-525.99 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Borneo Olahrana Sukses Tbk Business Description

Address Wisma 77 Building, Tower 1, 8th Floor, Letjen S Parman No. 77, West Jakarta, Jakarta, IDN, 11410
PT Borneo Olah Sarana Sukses Tbk is engaged in the mining field. Its business activities include transportation and sale of minerals and coal. It is also engaged in the purchase of mineral and coal mining commodity products from the holders of mining business permits, The company also supports activities like mineral and coal mining, carrying out the transportation and sale of mineral and coal mining products. The company exports its products to Japan, the Philippines, South Korea, and other countries. The company holds various mining interests located in Muara Pahu, Kutai Barat, and East Kalimantan.
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