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Allam Group Holding Co (KUW:ALSALAM) Net-Net Working Capital : KWD-0.01 (As of Dec. 2021)


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What is Allam Group Holding Co 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.

Allam Group Holding Co's Net-Net Working Capital for the quarter that ended in Dec. 2021 was KWD-0.01.

The industry rank for Allam Group Holding Co's Net-Net Working Capital or its related term are showing as below:

KUW:ALSALAM's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.425
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Allam Group Holding Co Net-Net Working Capital Historical Data

The historical data trend for Allam Group Holding Co'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.

Allam Group Holding Co Net-Net Working Capital Chart

Allam Group Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.03 -0.02 -0.01

Allam Group Holding Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -0.02 -0.02 -0.02 -0.02 -0.01

Competitive Comparison of Allam Group Holding Co's Net-Net Working Capital

For the Asset Management subindustry, Allam Group Holding Co'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.


Allam Group Holding Co's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allam Group Holding Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Allam Group Holding Co's Price-to-Net-Net-Working-Capital falls into.



Allam Group Holding Co Net-Net Working Capital Calculation

Allam Group Holding Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(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)
=(0.002+0+0.75 * 0+0.5 * 0-1.775
-0-0)/269.64
=-0.01

Allam Group Holding Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2021 is calculated as

Net-Net Working Capital(Q: Dec. 2021 )
=(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)
=(0.002+0+0.75 * 0+0.5 * 0-1.775
-0-0)/269.64
=-0.01

* 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.


Allam Group Holding Co  (KUW:ALSALAM) 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.


Allam Group Holding Co Net-Net Working Capital Related Terms

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Allam Group Holding Co (KUW:ALSALAM) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Almubarak Street, Bahabahani Complex, 16th Floor, Kuwait City, KWT
Al Salam Group Holding Co is a public shareholding company engaged in investment activities. The company's activities include the ownership of stocks and shares of Kuwaiti, foreign and limited liability companies; participation in the establishment of, lending to, as well as managing and acting as a guarantor for these companies; lending money to companies in which it owns approximately 20% or more of the capital of the borrowing company, along with acting as guarantor on behalf of these companies; owning industrial equities, such as patents, industrial trademarks, royalties, or any other related rights and franchising them to others, as well as owning real estate and movable property.

Allam Group Holding Co (KUW:ALSALAM) Headlines

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