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Sadovaya Group (WAR:SGR) Net-Net Working Capital : zł-5.06 (As of Dec. 2015)


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What is Sadovaya Group 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.

Sadovaya Group's Net-Net Working Capital for the quarter that ended in Dec. 2015 was zł-5.06.

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

WAR:SGR's Price-to-Net-Net-Working-Capital is not ranked *
in the Other Energy Sources industry.
Industry Median: 8.25
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sadovaya Group Net-Net Working Capital Historical Data

The historical data trend for Sadovaya Group'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.

Sadovaya Group Net-Net Working Capital Chart

Sadovaya Group Annual Data
Trend Dec14 Dec15
Net-Net Working Capital
-4.86 -5.06

Sadovaya Group Semi-Annual Data
Dec14 Dec15
Net-Net Working Capital -4.86 -5.06

Competitive Comparison of Sadovaya Group's Net-Net Working Capital

For the Thermal Coal subindustry, Sadovaya Group'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.


Sadovaya Group's Price-to-Net-Net-Working-Capital Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Sadovaya Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Sadovaya Group Net-Net Working Capital Calculation

Sadovaya Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2015 is calculated as

Net-Net Working Capital(A: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 4.14+0.5 * 16.742-229.597
-0--0.136)/43.0857
=-5.06

Sadovaya Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2015 is calculated as

Net-Net Working Capital(Q: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 4.14+0.5 * 16.742-229.597
-0--0.136)/43.0857
=-5.06

* 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.


Sadovaya Group  (WAR:SGR) 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.


Sadovaya Group Net-Net Working Capital Related Terms

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Sadovaya Group (WAR:SGR) Business Description

Traded in Other Exchanges
N/A
Address
6 Moskovska Street, Luhansk Oblast, Alchevsk, UKR, 94204
Sadovaya Group SA is a holding company, which operates in the mining industry. The company is engaged in coal mining activities, including coal extraction, recovery, and enrichment and trading. Its principal activities include preparation and marketing of coal from three primary sources such as own underground mining, the recovery of coal waste deposits, and third-party purchases. The firm's diversified mining and related operations are divided into the three segments: Coal Mining and Coal Enrichment, the Extraction of coal from waste deposits, and Coal Trading.

Sadovaya Group (WAR:SGR) Headlines

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