GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Boulevard Holdings Inc (PHS:BHI) » Definitions » Net-Net Working Capital

Boulevard Holdings (PHS:BHI) Net-Net Working Capital : ₱0.02 (As of Feb. 2025)


View and export this data going back to 1997. Start your Free Trial

What is Boulevard Holdings 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.

Boulevard Holdings's Net-Net Working Capital for the quarter that ended in Feb. 2025 was ₱0.02.

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

PHS:BHI's Price-to-Net-Net-Working-Capital is ranked better than
84.88% of 205 companies
in the Travel & Leisure industry
Industry Median: 7.27 vs PHS:BHI: 1.95

Boulevard Holdings Net-Net Working Capital Historical Data

The historical data trend for Boulevard Holdings'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.

Boulevard Holdings Net-Net Working Capital Chart

Boulevard Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.03 0.01 0.01 0.02

Boulevard Holdings Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.03 0.02 0.02 0.02 0.02

Competitive Comparison of Boulevard Holdings's Net-Net Working Capital

For the Lodging subindustry, Boulevard Holdings'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.


Boulevard Holdings's Price-to-Net-Net-Working-Capital Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Boulevard Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

Boulevard Holdings Net-Net Working Capital Calculation

Boulevard Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2024 is calculated as

Net-Net Working Capital(A: May. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(386.405+0.75 * 2.082+0.5 * 0.247-232.938
-0--116.596)/14087.959
=0.02

Boulevard Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2025 is calculated as

Net-Net Working Capital(Q: Feb. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(338.519+0.75 * 128.638+0.5 * 0.239-227.478
-0--100.344)/14400.000
=0.02

* 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.


Boulevard Holdings  (PHS:BHI) 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.


Boulevard Holdings Net-Net Working Capital Related Terms

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


Boulevard Holdings Business Description

Traded in Other Exchanges
N/A
Address
107 L.P. Leviste Street, Unit 1704 The Peak Tower, Salcedo Village, Makati, PHL, 1227
Boulevard Holdings Inc is a holding company. It is engaged in the ownership of companies involved in development of hotels and resorts and tourism-related businesses, investments in strategic land locations and rentable real estate properties. The company's operating segment includes Investment Holding and Hospitality and Leisure. It generates maximum revenue from the Hospitality and Leisure segment.

Boulevard Holdings Headlines

No Headlines