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PT Trimegah Bangun Persada Tbk (ISX:NCKL) Net-Net Working Capital : Rp-178.47 (As of Sep. 2024)


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What is PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk's Net-Net Working Capital for the quarter that ended in Sep. 2024 was Rp-178.47.

The industry rank for PT Trimegah Bangun Persada Tbk's Net-Net Working Capital or its related term are showing as below:

ISX:NCKL's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PT Trimegah Bangun Persada Tbk Net-Net Working Capital Historical Data

The historical data trend for PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Net-Net Working Capital Chart

PT Trimegah Bangun Persada Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-119.54 -218.90 -190.51 -343.34 -224.62

PT Trimegah Bangun Persada Tbk Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -217.15 -224.62 -218.16 -236.13 -178.47

Competitive Comparison of PT Trimegah Bangun Persada Tbk's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Trimegah Bangun Persada Tbk's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PT Trimegah Bangun Persada Tbk's Price-to-Net-Net-Working-Capital falls into.



PT Trimegah Bangun Persada Tbk Net-Net Working Capital Calculation

PT Trimegah Bangun Persada 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)
=(3934723+0.75 * 1242804+0.5 * 5503560-16897063
-0-4894651)/63098.6
=-224.62

PT Trimegah Bangun Persada Tbk'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8620535+0.75 * 2069074+0.5 * 4962208-18304002
-0-5610493)/63098.6
=-178.47

* 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 Trimegah Bangun Persada Tbk  (ISX:NCKL) 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 Trimegah Bangun Persada Tbk Net-Net Working Capital Related Terms

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PT Trimegah Bangun Persada Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 1, Gedung Bank Panin Lt. 2, Kelurahan Gelora, Kecamatan Tanah Abang, Jakarta Pusat, IDN, 10270
TBP Group is an Indonesian nickel producer with upstream and downstream capabilities primarily based on Obi Islands in North Maluku province. Based on AME Mineral Economics' estimates for 2022 nickel mining volumes, TBP Group is the largest pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.

PT Trimegah Bangun Persada Tbk Headlines

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