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Nam A Commercial Joint Stock Bank (STC:NAB) Net-Net Working Capital : ₫-137,483.90 (As of Mar. 2025)


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What is Nam A Commercial Joint Stock Bank 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.

Nam A Commercial Joint Stock Bank's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₫-137,483.90.

The industry rank for Nam A Commercial Joint Stock Bank's Net-Net Working Capital or its related term are showing as below:

STC:NAB's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 5.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Nam A Commercial Joint Stock Bank Net-Net Working Capital Historical Data

The historical data trend for Nam A Commercial Joint Stock Bank'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.

Nam A Commercial Joint Stock Bank Net-Net Working Capital Chart

Nam A Commercial Joint Stock Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial -193,730.53 -212,808.90 -130,944.48 -118,166.23 -127,029.50

Nam A Commercial Joint Stock Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 -124,444.13 -128,091.89 -133,019.42 -127,029.50 -137,483.90

Competitive Comparison of Nam A Commercial Joint Stock Bank's Net-Net Working Capital

For the Banks - Regional subindustry, Nam A Commercial Joint Stock Bank'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.


Nam A Commercial Joint Stock Bank's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nam A Commercial Joint Stock Bank's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Nam A Commercial Joint Stock Bank's Price-to-Net-Net-Working-Capital falls into.


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Nam A Commercial Joint Stock Bank Net-Net Working Capital Calculation

Nam A Commercial Joint Stock Bank's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(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)
=(51485982+0+0.75 * 0+0.5 * 0-225840450
-0-0)/1372.551
=-127,029.50

Nam A Commercial Joint Stock Bank'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 )
=(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)
=(53333735+0+0.75 * 0+0.5 * 0-242037394
-0-0)/1372.551
=-137,483.90

* 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.


Nam A Commercial Joint Stock Bank  (STC:NAB) 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.


Nam A Commercial Joint Stock Bank Net-Net Working Capital Related Terms

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Nam A Commercial Joint Stock Bank Business Description

Traded in Other Exchanges
N/A
Address
201-203 Cach Mang Thang Tam, Ward 4, District 3, Ho Chi Minh, VNM
Nam A Commercial Joint Stock Bank is engaged in providing banking services such as mobilizing short, medium and long-term funds in the form of term deposits, demand deposits, cod; receiving entrusted investment and development funds, borrowings from other financial institutions; granting short, medium and long-term loans; discounting of commercial notes, bonds and valuable papers; contributing capital and investing in joint-ventures, settlement services to customers, trading foreign currencies, gold, international payment, mobilizing overseas funds and other banking services to overseas counterparties; preserving assets, leasing cabinets and safes; insurance agency; credit granting; debt purchasing; trading and providing forex services on domestic and international market and others.

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