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Bank Uralsib PJSC (MIC:USBN) Net-Net Working Capital : ₽-1.33 (As of Jun. 2023)


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What is Bank Uralsib PJSC 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.

Bank Uralsib PJSC's Net-Net Working Capital for the quarter that ended in Jun. 2023 was ₽-1.33.

The industry rank for Bank Uralsib PJSC's Net-Net Working Capital or its related term are showing as below:

MIC:USBN's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.95
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bank Uralsib PJSC Net-Net Working Capital Historical Data

The historical data trend for Bank Uralsib PJSC'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.

Bank Uralsib PJSC Net-Net Working Capital Chart

Bank Uralsib PJSC 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 -1.02 -0.97 -0.80 -0.78 -1.00

Bank Uralsib PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun23
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 -0.82 -0.95 -1.07 -1.00 -1.33

Competitive Comparison of Bank Uralsib PJSC's Net-Net Working Capital

For the Banks - Regional subindustry, Bank Uralsib PJSC'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.


Bank Uralsib PJSC's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

* The bar in red indicates where Bank Uralsib PJSC's Price-to-Net-Net-Working-Capital falls into.



Bank Uralsib PJSC Net-Net Working Capital Calculation

Bank Uralsib PJSC'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)
=(61979.22+0+0.75 * 0+0.5 * 0-422958.931
-0-908.501)/360135
=-1.00

Bank Uralsib PJSC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(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)
=(80395.038+0+0.75 * 0+0.5 * 0-557893.167
-0-52.503)/358255.128
=-1.33

* 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.


Bank Uralsib PJSC  (MIC:USBN) 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.


Bank Uralsib PJSC Net-Net Working Capital Related Terms

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Bank Uralsib PJSC (MIC:USBN) Business Description

Traded in Other Exchanges
N/A
Address
ul. Efremova, 8, Moscow, RUS, 119048
Bank Uralsib PJSC operates in the Russian banking sector. Its operations span a wide range of financial services offered to corporate and private clients. The company's activities are segmented into the Retail, Corporate and Investment Banking divisions. Corporate and Retail customers benefit from services like current and demand deposits, credit cards, various types of loans and premium offerings. Most of the company's revenues are obtained in the form of interest income from the Private Banking segment. The Investment Banking division provides loans for real estate in the form of equipment financing and project finance services to help the development of new lines of businesses.

Bank Uralsib PJSC (MIC:USBN) Headlines

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