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Commercial International Bank - Egypt CIB (STU:CIN) Net-Net Working Capital : €-3.52 (As of Sep. 2024)


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What is Commercial International Bank - Egypt CIB 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.

Commercial International Bank - Egypt CIB's Net-Net Working Capital for the quarter that ended in Sep. 2024 was €-3.52.

The industry rank for Commercial International Bank - Egypt CIB's Net-Net Working Capital or its related term are showing as below:

STU:CIN's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 12.61
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Commercial International Bank - Egypt CIB Net-Net Working Capital Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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.

Commercial International Bank - Egypt CIB Net-Net Working Capital Chart

Commercial International Bank - Egypt CIB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.28 -4.37 -5.81 -4.97 -4.45

Commercial International Bank - Egypt CIB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -4.45 -3.79 -3.90 -3.52

Competitive Comparison of Commercial International Bank - Egypt CIB's Net-Net Working Capital

For the Banks - Regional subindustry, Commercial International Bank - Egypt CIB'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.


Commercial International Bank - Egypt CIB's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial International Bank - Egypt CIB's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Commercial International Bank - Egypt CIB's Price-to-Net-Net-Working-Capital falls into.



Commercial International Bank - Egypt CIB Net-Net Working Capital Calculation

Commercial International Bank - Egypt CIB's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(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)
=(8987.914+0+0.75 * 0+0.5 * 0-22077.959
-0-4.749)/2939.49
=-4.45

Commercial International Bank - Egypt CIB's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 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)
=(7435.114+0+0.75 * 0+0.5 * 0-18253.795
-0-2.281)/3072.044
=-3.52

* 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.


Commercial International Bank - Egypt CIB  (STU:CIN) 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.


Commercial International Bank - Egypt CIB Net-Net Working Capital Related Terms

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Commercial International Bank - Egypt CIB Business Description

Traded in Other Exchanges
Address
21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY
Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services in different part of Egypt. Its segments include; Corporate banking & SME's, Investment, Retail banking, and Assets and liabilities management. The majority of the revenue for the company is generated from its Corporate banking & SME's segment which includes current account activities, deposits, overdrafts, loans, credit facilities, and financial derivatives to large, medium, and small entities, currency and derivative products.

Commercial International Bank - Egypt CIB Headlines

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