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Karnell Group AB (OSTO:KARNEL B) Net-Net Working Capital : kr-5.52 (As of Mar. 2024)


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What is Karnell Group AB 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.

Karnell Group AB's Net-Net Working Capital for the quarter that ended in Mar. 2024 was kr-5.52.

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

OSTO:KARNEL B's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.17
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Karnell Group AB Net-Net Working Capital Historical Data

The historical data trend for Karnell Group AB'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.

Karnell Group AB Net-Net Working Capital Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
-1.11 -8.15 -6.73

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Net-Net Working Capital -1.11 -8.15 - -6.73 -5.52

Competitive Comparison of Karnell Group AB's Net-Net Working Capital

For the Asset Management subindustry, Karnell Group AB'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.

Karnell Group AB's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

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

* The bar in red indicates where Karnell Group AB's Price-to-Net-Net-Working-Capital falls into.


Karnell Group AB Net-Net Working Capital Calculation

Karnell Group AB's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(190.416+0.75 * 211.095+0.5 * 251.577-825.872
-0-0)/52.2292
=-6.73

Karnell Group AB's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(387.1+0.75 * 207.1+0.5 * 311.6-983.4
-0-0)/51.671
=-5.52

* 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.

Karnell Group AB  (OSTO:KARNEL B) 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.

Karnell Group AB Net-Net Working Capital Related Terms

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Karnell Group AB (OSTO:KARNEL B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Net-Net Working Capital
Comparable Companies
Traded in Other Exchanges
N/A
Address
Riddargatan 13D, Stockholm, SWE, 114 51
Website
https://www.karnell.se
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

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