GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hosokawa Micron Corp (TSE:6277) » Definitions » Net-Net Working Capital

Hosokawa Micron (TSE:6277) Net-Net Working Capital : 円907.81 (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Hosokawa Micron 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.

Hosokawa Micron's Net-Net Working Capital for the quarter that ended in Mar. 2024 was 円907.81.

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

TSE:6277's Price-to-Net-Net-Working-Capital is ranked better than
62.82% of 1361 companies
in the Industrial Products industry
Industry Median: 6.89 vs TSE:6277: 4.89

Hosokawa Micron Net-Net Working Capital Historical Data

The historical data trend for Hosokawa Micron'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.

Hosokawa Micron Net-Net Working Capital Chart

Hosokawa Micron Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 463.52 460.12 576.38 840.27 818.25

Hosokawa Micron Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 616.99 672.57 818.25 764.63 907.81

Competitive Comparison of Hosokawa Micron's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Hosokawa Micron'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.


Hosokawa Micron's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hosokawa Micron's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Hosokawa Micron Net-Net Working Capital Calculation

Hosokawa Micron's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2023 is calculated as

Net-Net Working Capital(A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(26928+0.75 * 22988+0.5 * 12488-38128
-0-0)/15.0137
=818.25

Hosokawa Micron's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(28128+0.75 * 21698+0.5 * 13437-37480
-0-0)/15.0251
=907.81

* 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.


Hosokawa Micron  (TSE:6277) 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.


Hosokawa Micron Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Hosokawa Micron's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Hosokawa Micron (TSE:6277) Business Description

Traded in Other Exchanges
N/A
Address
1-9, Shodaitadika, Hirakata-shi, Osaka, JPN, 573-1132
Hosokawa Micron Corp is a Japan based provider of process solutions in the field of powder and particle processing technology, blown film technology, and confectionery technology. The company's products have applications in nanoparticle technology and particle design, clean air and containment and environmental protection technology, toll processing and contract manufacturing, blown film technology and material business. Additionally, it also offers solutions to various industries such as energy, automobile, chemicals, minerals, pharmaceuticals, food and polymer drying and metal. The company has a business presence in Japan and other countries.

Hosokawa Micron (TSE:6277) Headlines

No Headlines