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JFWV (JSB Financial) Net-Net Working Capital : $-1,867.43 (As of Dec. 2024)


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What is JSB Financial 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.

JSB Financial's Net-Net Working Capital for the quarter that ended in Dec. 2024 was $-1,867.43.

The industry rank for JSB Financial's Net-Net Working Capital or its related term are showing as below:

JFWV's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 4.9
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

JSB Financial Net-Net Working Capital Historical Data

The historical data trend for JSB Financial'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.

JSB Financial Net-Net Working Capital Chart

JSB Financial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial -1,208.42 -1,369.11 -1,574.05 -1,814.91 -1,867.43

JSB Financial Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital Get a 7-Day Free Trial -1,208.42 -1,369.11 -1,574.05 -1,814.91 -1,867.43

Competitive Comparison of JSB Financial's Net-Net Working Capital

For the Banks - Regional subindustry, JSB Financial'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.


JSB Financial's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

* The bar in red indicates where JSB Financial's Price-to-Net-Net-Working-Capital falls into.


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JSB Financial Net-Net Working Capital Calculation

JSB Financial'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 )
=(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)
=(26.94+0+0.75 * 0+0.5 * 0-506.87
-0-0)/0.257
=-1,867.43

JSB Financial'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 )
=(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)
=(26.94+0+0.75 * 0+0.5 * 0-506.87
-0-0)/0.257
=-1,867.43

* 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.


JSB Financial  (OTCPK:JFWV) 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.


JSB Financial Net-Net Working Capital Related Terms

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JSB Financial Business Description

Traded in Other Exchanges
N/A
Address
105 East Washington Street, P.O. Box 35, Shepherdstown, WV, USA, 25443
JSB Financial Inc Formerly Jefferson Security Bank W Va provides a full range of banking services to individuals, agricultural businesses and commercial businesses located in its service area. The company accepts various deposit products, such as checking, savings, money market, individual retirement, certificates of deposit, and overdraft protection products. Its loan portfolio includes personal and vehicle, mortgage, construction, commercial, and other loans. The company also offers ATM, online and mobile banking, bill pay, e-statements, cash management, remote deposit capture services, credit and debit cards, as well as provides security tips.

JSB Financial Headlines

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