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Sotsu Co (Sotsu Co) Net-Net Working Capital : $11.74 (As of Nov. 2019)


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What is Sotsu Co 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.

Sotsu Co's Net-Net Working Capital for the quarter that ended in Nov. 2019 was $11.74.

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

STUAF's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sotsu Co Net-Net Working Capital Historical Data

The historical data trend for Sotsu Co'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.

Sotsu Co Net-Net Working Capital Chart

Sotsu Co Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 7.13 9.88 10.45 12.08

Sotsu Co Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 10.34 10.86 11.22 12.08 11.74

Competitive Comparison of Sotsu Co's Net-Net Working Capital

For the Entertainment subindustry, Sotsu Co'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.


Sotsu Co's Price-to-Net-Net-Working-Capital Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sotsu Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Sotsu Co Net-Net Working Capital Calculation

Sotsu Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2019 is calculated as

Net-Net Working Capital(A: Aug. 2019 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(206.806+0.75 * 19.538+0.5 * 0.15-41.108
-0-3.474)/14.65
=12.08

Sotsu Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2019 is calculated as

Net-Net Working Capital(Q: Nov. 2019 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(199.83+0.75 * 18.373+0.5 * 0.258-38.432
-0-3.34)/14.65
=11.74

* 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.


Sotsu Co  (GREY:STUAF) 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.


Sotsu Co Net-Net Working Capital Related Terms

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Sotsu Co (Sotsu Co) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1, Hamamatsu-Cho, Minato-Ku, Tokyo, JPN, 105-6126
Sotsu Co Ltd operates as an entertainment company in Japan. It works in Media division, Rights division, and Sports division. The Media division produces animations by planning and creating animated programmes with animation production companies. The Rights business division provides merchandising licenses for the animation characters to its partner companies including toy, game, food, miscellaneous goods, and apparel manufacturers among others, and the Sport business promote the merchandising of the baseball team's products and act as a copyright contract agency for professional baseball teams, and sell the merchandise to baseball team goods stores both inside and outside the stadium.

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