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Aberdeen Singapore Fund (Aberdeen Singapore Fund) Net-Net Working Capital : $-0.03 (As of Oct. 2017)


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What is Aberdeen Singapore Fund 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.

Aberdeen Singapore Fund's Net-Net Working Capital for the quarter that ended in Oct. 2017 was $-0.03.

The industry rank for Aberdeen Singapore Fund's Net-Net Working Capital or its related term are showing as below:

SGF's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.415
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Aberdeen Singapore Fund Net-Net Working Capital Historical Data

The historical data trend for Aberdeen Singapore Fund'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.

Aberdeen Singapore Fund Net-Net Working Capital Chart

Aberdeen Singapore Fund Annual Data
Trend Oct17
Net-Net Working Capital
-0.03

Aberdeen Singapore Fund Semi-Annual Data
Oct17
Net-Net Working Capital -0.03

Competitive Comparison of Aberdeen Singapore Fund's Net-Net Working Capital

For the Asset Management subindustry, Aberdeen Singapore Fund'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.


Aberdeen Singapore Fund's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

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

* The bar in red indicates where Aberdeen Singapore Fund's Price-to-Net-Net-Working-Capital falls into.



Aberdeen Singapore Fund Net-Net Working Capital Calculation

Aberdeen Singapore Fund's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2017 is calculated as

Aberdeen Singapore Fund's Net-Net Working Capital (NNWC) per share for the quarter that ended in Oct. 2017 is calculated as

* 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.


Aberdeen Singapore Fund  (NYSE:SGF) 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.


Aberdeen Singapore Fund Net-Net Working Capital Related Terms

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Aberdeen Singapore Fund (Aberdeen Singapore Fund) Business Description

Traded in Other Exchanges
N/A
Address
Aberdeen Singapore Fund Inc is a closed-end fund. Its investment objective is capital appreciation, which it seeks through investment in Singapore equity securities.
Executives
David G Harmer director ONE EVERTRUST PLAZA, DAIWA SECURITIES TRUST CO, JERSEY CITY NJ 07302
Guet Tay Kheng other: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Joseph Andolina officer: Vice President - Compliance 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Terence Lim other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILIADELPHIA PA 19103
Flavia Cheong other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Hui Lin Ng other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lim Sock-hwei other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Beverley Hendry officer: Vice President C/O ABERDEEN ASSET MANAGMENT INC., 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Narracott other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Victor Rodriguez other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Sharon Ferrari officer: Assistant Secretary 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Sofia Rosala officer: Vice President & Deputy CCO 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Ian Macdonald other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
John O'keefe officer: Assistant Treasurer 1735 MARKET ST, 32ND FL, PHILADELPHIA PA 19103

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