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Tokyo Individualized Educational Institute (TSE:4745) Net-Net Working Capital : 円70.99 (As of Feb. 2024)


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What is Tokyo Individualized Educational Institute 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.

Tokyo Individualized Educational Institute's Net-Net Working Capital for the quarter that ended in Feb. 2024 was 円70.99.

The industry rank for Tokyo Individualized Educational Institute's Net-Net Working Capital or its related term are showing as below:

TSE:4745's Price-to-Net-Net-Working-Capital is ranked better than
51.14% of 88 companies
in the Education industry
Industry Median: 6.37 vs TSE:4745: 5.82

Tokyo Individualized Educational Institute Net-Net Working Capital Historical Data

The historical data trend for Tokyo Individualized Educational Institute'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.

Tokyo Individualized Educational Institute Net-Net Working Capital Chart

Tokyo Individualized Educational Institute Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.92 68.99 64.12 64.03 70.99

Tokyo Individualized Educational Institute Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 64.03 34.42 49.56 51.04 70.99

Competitive Comparison of Tokyo Individualized Educational Institute's Net-Net Working Capital

For the Education & Training Services subindustry, Tokyo Individualized Educational Institute'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.


Tokyo Individualized Educational Institute's Price-to-Net-Net-Working-Capital Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tokyo Individualized Educational Institute's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Tokyo Individualized Educational Institute's Price-to-Net-Net-Working-Capital falls into.



Tokyo Individualized Educational Institute Net-Net Working Capital Calculation

Tokyo Individualized Educational Institute's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2024 is calculated as

Net-Net Working Capital(A: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6807.375+0.75 * 398.423+0.5 * 32.154-3247.583
-0-20.478)/54.2913
=70.99

Tokyo Individualized Educational Institute's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2024 is calculated as

Net-Net Working Capital(Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6807.375+0.75 * 398.423+0.5 * 32.154-3247.583
-0-20.478)/54.2913
=70.99

* 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.


Tokyo Individualized Educational Institute  (TSE:4745) 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.


Tokyo Individualized Educational Institute Net-Net Working Capital Related Terms

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Tokyo Individualized Educational Institute (TSE:4745) Business Description

Traded in Other Exchanges
N/A
Address
No. 26-2, Nishi-Shinjuku, Shinjuku Nomura Building, 25th Floor, Shinjuku-ku, Tokyo, JPN, 163-0525
Tokyo Individualized Educational Institute Inc is a Japan based company engaged in providing educational services. It operates private preparatory schools; and provides semi-private tutorial services in Tokyo, Kansai, Tokai, and Kyushu areas.

Tokyo Individualized Educational Institute (TSE:4745) Headlines

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