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PT Garda Tujuh Buana Tbk (ISX:GTBO) Net-Net Working Capital : Rp-0.50 (As of Mar. 2024)


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What is PT Garda Tujuh Buana Tbk 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.

PT Garda Tujuh Buana Tbk's Net-Net Working Capital for the quarter that ended in Mar. 2024 was Rp-0.50.

The industry rank for PT Garda Tujuh Buana Tbk's Net-Net Working Capital or its related term are showing as below:

ISX:GTBO's Price-to-Net-Net-Working-Capital is not ranked *
in the Other Energy Sources industry.
Industry Median: 8.25
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PT Garda Tujuh Buana Tbk Net-Net Working Capital Historical Data

The historical data trend for PT Garda Tujuh Buana 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.

* Premium members only.

PT Garda Tujuh Buana Tbk Net-Net Working Capital Chart

PT Garda Tujuh Buana Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.98 -78.86 -83.13 -61.00 -39.61

PT Garda Tujuh Buana Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -52.45 -60.98 -10.92 -39.61 -0.50

Competitive Comparison of PT Garda Tujuh Buana Tbk's Net-Net Working Capital

For the Thermal Coal subindustry, PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk's Price-to-Net-Net-Working-Capital Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where PT Garda Tujuh Buana Tbk's Price-to-Net-Net-Working-Capital falls into.



PT Garda Tujuh Buana Tbk Net-Net Working Capital Calculation

PT Garda Tujuh Buana Tbk'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(124144.99+0.75 * 29321.218+0.5 * 21597.806-255951.729
-0-0)/2500
=-39.61

PT Garda Tujuh Buana Tbk's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(104505.016+0.75 * 51551.08+0.5 * 17204.248-153019.145
-0-0)/2500
=-0.50

* 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.


PT Garda Tujuh Buana Tbk  (ISX:GTBO) 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 Garda Tujuh Buana Tbk Net-Net Working Capital Related Terms

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PT Garda Tujuh Buana Tbk (ISX:GTBO) Business Description

Traded in Other Exchanges
N/A
Address
Jl. MT Haryono Kav. 33, Gedung Menara Hijau Lantai 5, Suite 501A, Pancoran, Jakarta, IDN, 12770
PT Garda Tujuh Buana TBK is an Indonesia-based company which is engaged in the business of coal mining processing and logistics operations. It is involved in mining and selling low calorific value coal. The mining site is located in the north middle part of Bunyu Island that is unpopulated. The coal-fired power plant operators are its main customers. The company derives revenue from the sales of coal in Indonesia and other countries, of which key revenue is generated by exporting the coal.

PT Garda Tujuh Buana Tbk (ISX:GTBO) Headlines

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