McRae Industries (McRae Industries) Net-Net Working Capital : $25.29 (As of Jul. 2023)

McRae Industries Net-Net Working Capital Chart

McRae Industries Annual Data
	Trend	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul21	Jul22	Jul23
Net-Net Working Capital		Get a 7-Day Free Trial					1.05	6.10	-	21.18	25.29

McRae Industries Semi-Annual Data
	Jul89	Jul90	Jul91	Jul92	Jul93	Jul94	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul21	Jul22	Jul23
Net-Net Working Capital	Get a 7-Day Free Trial															1.05	6.10	-	21.18	25.29

Competitive Comparison of McRae Industries's Net-Net Working Capital

For the Footwear & Accessories subindustry, McRae Industries'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.

McRae Industries's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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

McRae Industries Net-Net Working Capital Calculation

McRae Industries's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2023 is calculated as

McRae Industries's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2023 is calculated as

* 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.

McRae Industries  (OTCPK:MCRAA) 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.

McRae Industries Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of McRae Industries's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.

McRae Industries (McRae Industries) Business Description