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Just Kitchen Holdings (Just Kitchen Holdings) Net-Net Working Capital : $-0.03 (As of Mar. 2023)


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What is Just Kitchen Holdings 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.

Just Kitchen Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2023 was $-0.03.

The industry rank for Just Kitchen Holdings's Net-Net Working Capital or its related term are showing as below:

JKHCF's Price-to-Net-Net-Working-Capital is not ranked *
in the Restaurants industry.
Industry Median: 12.85
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Just Kitchen Holdings Net-Net Working Capital Historical Data

The historical data trend for Just Kitchen Holdings'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.

Just Kitchen Holdings Net-Net Working Capital Chart

Just Kitchen Holdings Annual Data
Trend Sep20 Sep21 Sep22
Net-Net Working Capital
-0.03 0.16 -0.03

Just Kitchen Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.06 0.01 -0.03 -0.05 -0.03

Competitive Comparison of Just Kitchen Holdings's Net-Net Working Capital

For the Restaurants subindustry, Just Kitchen Holdings'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.


Just Kitchen Holdings's Price-to-Net-Net-Working-Capital Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Just Kitchen Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Just Kitchen Holdings's Price-to-Net-Net-Working-Capital falls into.



Just Kitchen Holdings Net-Net Working Capital Calculation

Just Kitchen Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2022 is calculated as

Net-Net Working Capital(A: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.073+0.75 * 0.441+0.5 * 0.443-4.79
-0-0)/75.1814
=-0.03

Just Kitchen Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.072+0.75 * 0.311+0.5 * 0.251-4.157
-0-0)/93.3214
=-0.03

* 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.


Just Kitchen Holdings  (OTCPK:JKHCF) 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.


Just Kitchen Holdings Net-Net Working Capital Related Terms

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Just Kitchen Holdings (Just Kitchen Holdings) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Just Kitchen Holdings Corp is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company combines advanced food preparation with underused real estate and leverages online mobile application-based food ordering and delivery companies reaching wider geographies, which includes under-served markets. The company's business model combines strategically located cloud kitchens or virtual kitchens in a hub-and-spoke infrastructure throughout high-density urban areas.

Just Kitchen Holdings (Just Kitchen Holdings) Headlines

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