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Prudential Bancorp (Prudential Bancorp) Net-Net Working Capital : $-66.59 (As of Mar. 2022)


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What is Prudential Bancorp 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.

Prudential Bancorp's Net-Net Working Capital for the quarter that ended in Mar. 2022 was $-66.59.

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

PBIP's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.4
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Prudential Bancorp Net-Net Working Capital Historical Data

The historical data trend for Prudential Bancorp'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.

Prudential Bancorp Net-Net Working Capital Chart

Prudential Bancorp Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.43 -66.09 -65.61 -67.72 -74.27

Prudential Bancorp Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -72.88 -73.20 -74.27 -68.89 -66.59

Competitive Comparison of Prudential Bancorp's Net-Net Working Capital

For the Banks - Regional subindustry, Prudential Bancorp'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.


Prudential Bancorp's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

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



Prudential Bancorp Net-Net Working Capital Calculation

Prudential Bancorp's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2021 is calculated as

Net-Net Working Capital(A: Sep. 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)
=(83.804+305.947+0.75 * 4.326+0.5 * 0-970.012
-0-0)/7.76939
=-74.27

Prudential Bancorp's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2022 is calculated as

Net-Net Working Capital(Q: Mar. 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)
=(70.975+297.149+0.75 * 3.891+0.5 * 0-888.839
-0-0)/7.77629
=-66.59

* 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.


Prudential Bancorp  (NAS:PBIP) 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.


Prudential Bancorp Net-Net Working Capital Related Terms

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Prudential Bancorp (Prudential Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1834 West Oregon Avenue, Philadelphia, PA, USA, 19145
Prudential Bancorp Inc is a bank holding company for Prudential Savings Bank. Through its subsidiary, it operates as a Pennsylvania-chartered, Federal Deposit Insurance Corporation (FDIC)-insured savings bank which is engaged in attracting deposits from the general public and using those funds to invest in loans and securities. It offers various types of loans which include single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and consumer loans. The firm originates loans to customers located in its market area of eastern Pennsylvania, Delaware, New Jersey and southern New York.
Executives
Matthew Graham officer: Sr. VP and Chief Lending Offcr PRUDENTIAL BANCORP, INC. 1834 WEST OREGON AVENUE PHILADELPHIA PA 19145
A J Fanelli director PRUDENTIAL BANCORP INC OF PENNSYLVANIA 1834 OREGON AVENUE PHILADELPHIA PA 19145
Bruce E Miller director PRUDENTIAL BANCORP, INC. 1834 WEST OREGON AVENUE PHILADELPHIA PA 19145
Raymond Vanaria director PRUDENTIAL BANCORP, INC., 1834 W. OREGON AVENUE, PHILADELPHIA PA 19145
Dennis Pollack director 3 PENNS TRAIL, NEWTOWN PA 18940
Anthony V. Migliorino officer: EVP - Chief Operating Officer PRUDENTIAL BANCORP, INC. 1834 WEST OREGON AVENUE PHILADELPHIA PA 19145
Jack E Rothkopf officer: Senior VP - Treasurer PRUDENTIAL BANCORP OF PENNSYLVANIA 1834 OREGON AVENUE PHILADELPHIA PA 19145
Robert Pollard officer: VP - Controller PRUDENTIAL BANCORP, INC. 1834 WEST OREGON AVENUE PHILADELPHIA PA 19145
Kevin J Gallagher officer: SVP and Chief Lending Officer 3993 HUNTINGDON PIKE, 3RD FLOOR HUNTINGDON VALLEY PA 19006
Jerome R Balka director PRUDENTIAL BANCORP INC OF PENNSYLVANIA 1834 OREGON AVENUE PHILADELPHIA PA 19145
Smith Douglas J R officer: SVP - Chief Lending Officer 713 RODMAN STREET PHILADELPHIA PA 19147
John C Hosier director PRUDENTIAL BANCORP INC OF PENNSYLVANIA 1834 OREGON AVENUE PHILADELPHIA PA 19145
Francis V Mulcahy director PRUDENTIAL BANCORP INC OF PENNSYLVANIA 1834 OREGON AVENUE PHILADELPHIA PA 19145
Joseph R Corrato director, officer: EVP and CFO PRUDENTIAL BANCORP INC OF PENNSYLVANIA 1834 OREGON AVENUE PHILADELPHIA PA 19145
Thomas A Vento director, officer: Chairman, President and CEO PRUDENTIAL BANCORP INC OF PENNSYLVANIA 1834 OREGON AVENUE PHILADELPHIA PA 19145