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Casa Holdings (SGX:C04) Net-Net Working Capital : S$0.01 (As of Mar. 2025)


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What is Casa 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.

Casa Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2025 was S$0.01.

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

SGX:C04's Price-to-Net-Net-Working-Capital is ranked worse than
70.35% of 172 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.895 vs SGX:C04: 11.00

Casa Holdings Net-Net Working Capital Historical Data

The historical data trend for Casa 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.

Casa Holdings Net-Net Working Capital Chart

Casa Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.14 -0.13 -0.13 0.01

Casa Holdings Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 -0.13 -0.13 -0.12 0.01 0.01

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

For the Furnishings, Fixtures & Appliances subindustry, Casa 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.


Casa Holdings's Price-to-Net-Net-Working-Capital Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Casa Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Casa Holdings Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(30.505+0.75 * 2.966+0.5 * 7.724-36.782
-0--1.635)/209.826
=0.01

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

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.185+0.75 * 4.504+0.5 * 6.683-33.333
-0--2.407)/209.826
=0.01

* 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.


Casa Holdings  (SGX:C04) 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.


Casa Holdings Net-Net Working Capital Related Terms

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Casa Holdings Business Description

Traded in Other Exchanges
N/A
Address
15 Kian Teck Crescent, Singapore, SGP, 628884
Casa Holdings Ltd is an investment holding company based in Singapore. The company manages through two segments: Trading of home appliances and Property development. It generates maximum revenue from the Trading segment. The Trading segment includes trading of electrical and electronic home appliances, kitchen and bathroom fixtures and accessories. Geographically, it derives a majority of revenue from Singapore.

Casa Holdings Headlines

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