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Sustainable Power & Infrastructure Split (TSX:PWI) Net-Net Working Capital : C$8.34 (As of Jun. 2024)


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What is Sustainable Power & Infrastructure Split 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.

Sustainable Power & Infrastructure Split's Net-Net Working Capital for the quarter that ended in Jun. 2024 was C$8.34.

The industry rank for Sustainable Power & Infrastructure Split's Net-Net Working Capital or its related term are showing as below:

TSX:PWI's Price-to-Net-Net-Working-Capital is ranked better than
87.58% of 491 companies
in the Asset Management industry
Industry Median: 7.95 vs TSX:PWI: 1.14

Sustainable Power & Infrastructure Split Net-Net Working Capital Historical Data

The historical data trend for Sustainable Power & Infrastructure Split'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.

Sustainable Power & Infrastructure Split Net-Net Working Capital Chart

Sustainable Power & Infrastructure Split Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
10.07 6.19 6.17

Sustainable Power & Infrastructure Split Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net-Net Working Capital Get a 7-Day Free Trial 6.41 6.19 6.11 6.17 8.34

Competitive Comparison of Sustainable Power & Infrastructure Split's Net-Net Working Capital

For the Asset Management subindustry, Sustainable Power & Infrastructure Split'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.


Sustainable Power & Infrastructure Split's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Power & Infrastructure Split's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Sustainable Power & Infrastructure Split's Price-to-Net-Net-Working-Capital falls into.



Sustainable Power & Infrastructure Split Net-Net Working Capital Calculation

Sustainable Power & Infrastructure Split'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(58.321+0.75 * 0.181+0.5 * 0-36.588
-0-0)/3.54637
=6.17

Sustainable Power & Infrastructure Split's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(61.334+0.75 * 0.278+0.5 * 0-34.039
-0-0)/3.29917
=8.34

* 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.


Sustainable Power & Infrastructure Split  (TSX:PWI) 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.


Sustainable Power & Infrastructure Split Net-Net Working Capital Related Terms

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Sustainable Power & Infrastructure Split Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 2930, P.O. Box 793, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Sustainable Power & Infrastructure Split Corp is a mutual fund corporation. The company's fund invests in a globally diversified and actively managed portfolio consisting of dividend-paying securities of power and infrastructure companies, whose assets, products, and services the Manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. The company's portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others.
Executives
Brompton Corp. Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Sustainable Power & Infrastructure Split Headlines

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