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Waseda Gakushukenkyukai Co (TSE:5869) Net-Net Working Capital : 円104.26 (As of Sep. 2024)


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What is Waseda Gakushukenkyukai 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.

Waseda Gakushukenkyukai Co's Net-Net Working Capital for the quarter that ended in Sep. 2024 was 円104.26.

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

TSE:5869's Price-to-Net-Net-Working-Capital is ranked worse than
61.54% of 91 companies
in the Education industry
Industry Median: 7.08 vs TSE:5869: 10.07

Waseda Gakushukenkyukai Co Net-Net Working Capital Historical Data

The historical data trend for Waseda Gakushukenkyukai 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.

Waseda Gakushukenkyukai Co Net-Net Working Capital Chart

Waseda Gakushukenkyukai Co Annual Data
Trend Mar22 Mar23 Mar24
Net-Net Working Capital
177.25 192.16 241.02

Waseda Gakushukenkyukai Co Quarterly Data
Mar22 Mar23 Sep23 Dec23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial 192.16 165.81 177.52 241.02 104.26

Competitive Comparison of Waseda Gakushukenkyukai Co's Net-Net Working Capital

For the Education & Training Services subindustry, Waseda Gakushukenkyukai 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.


Waseda Gakushukenkyukai Co's Price-to-Net-Net-Working-Capital Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Waseda Gakushukenkyukai Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Waseda Gakushukenkyukai Co Net-Net Working Capital Calculation

Waseda Gakushukenkyukai Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4593.966+0.75 * 9.351+0.5 * 44.713-2162.306
-0-0)/10.211
=241.02

Waseda Gakushukenkyukai Co'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3299.773+0.75 * 9.101+0.5 * 39.146-2268.931
-0-0)/10.140
=104.26

* 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.


Waseda Gakushukenkyukai Co  (TSE:5869) 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.


Waseda Gakushukenkyukai Co Net-Net Working Capital Related Terms

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Waseda Gakushukenkyukai Co Business Description

Traded in Other Exchanges
N/A
Address
1-6-11 Kyobashi, Kanken Kyobashi Building 7th Floor, Chuo-ku, Tokyo, JPN, 104-0031
Waseda Gakushukenkyukai Co Ltd is engaged in the Planning and production of cram school management materials for elementary, junior high, and high school students.

Waseda Gakushukenkyukai Co Headlines

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