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Vision InsuranceOG (MUS:VISN) Net-Net Working Capital : ر.ع-0.09 (As of Jun. 2022)


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What is Vision InsuranceOG 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.

Vision InsuranceOG's Net-Net Working Capital for the quarter that ended in Jun. 2022 was ر.ع-0.09.

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

MUS:VISN's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 4.915
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vision InsuranceOG Net-Net Working Capital Historical Data

The historical data trend for Vision InsuranceOG'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.

Vision InsuranceOG Net-Net Working Capital Chart

Vision InsuranceOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial -0.21 -0.16 -0.34 -0.32 -0.23

Vision InsuranceOG Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Jun22
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 -0.33 -0.32 -0.26 -0.23 -0.09

Competitive Comparison of Vision InsuranceOG's Net-Net Working Capital

For the Insurance - Diversified subindustry, Vision InsuranceOG'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.


Vision InsuranceOG's Price-to-Net-Net-Working-Capital Distribution in the Insurance Industry

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

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



Vision InsuranceOG Net-Net Working Capital Calculation

Vision InsuranceOG'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)
=(2.109+7.949+0.75 * 8.905+0.5 * 0-39.344
-0-0)/100
=-0.23

Vision InsuranceOG's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2022 is calculated as

Net-Net Working Capital(Q: Jun. 2022 )
=(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)
=(13.265+7.779+0.75 * 9.325+0.5 * 0-37.211
-0-0)/100
=-0.09

* 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.


Vision InsuranceOG  (MUS:VISN) 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.


Vision InsuranceOG Net-Net Working Capital Related Terms

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Vision InsuranceOG (MUS:VISN) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 1882, Jibroo, OMN, PC 114
Vision Insurance SAOG is an Oman based company engaged in offering all lines of Non-Life and Life insurance products. The company operates in two segments namely General Insurance and Life Insurance. The General Insurance business includes insurance of motor, property, marine cargo and hull, general accidents. The Life Insurance business includes short-term yearly renewable group life business and group medical business. It derives majority of the revenue from General Insurance segment.

Vision InsuranceOG (MUS:VISN) Headlines

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