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Southpoint Bancshares (Southpoint Bancshares) Net-Net Working Capital : $0.00 (As of . 20)


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What is Southpoint Bancshares 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.

Southpoint Bancshares's Net-Net Working Capital for the quarter that ended in . 20 was $0.00.

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

SOUB's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.9
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Southpoint Bancshares Net-Net Working Capital Historical Data

The historical data trend for Southpoint Bancshares'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.

Southpoint Bancshares Net-Net Working Capital Chart

Southpoint Bancshares Annual Data
Trend
Net-Net Working Capital

Southpoint Bancshares Semi-Annual Data
Net-Net Working Capital

Competitive Comparison of Southpoint Bancshares's Net-Net Working Capital

For the Banks - Regional subindustry, Southpoint Bancshares'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.


Southpoint Bancshares's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

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



Southpoint Bancshares Net-Net Working Capital Calculation

Southpoint Bancshares's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Southpoint Bancshares's Net-Net Working Capital (NNWC) per share for the quarter that ended in . 20 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.


Southpoint Bancshares  (OTCPK:SOUB) 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.


Southpoint Bancshares Net-Net Working Capital Related Terms

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Southpoint Bancshares (Southpoint Bancshares) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3501 Grandview Parkway, Birmingham, AL, USA, 35243
SouthPoint Bancshares Inc operates in the domestic commercial banking industry. The Bank provides full-service banking to customers located in central Alabama. The Bank operates from its ten branch locations in central Alabama, and five loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly-owned subsidiary of the Bank.

Southpoint Bancshares (Southpoint Bancshares) Headlines

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