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Salada Foods Jamaica (XJAM:SALF) Net-Net Working Capital : JMD0.54 (As of Sep. 2023)


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What is Salada Foods Jamaica 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.

Salada Foods Jamaica's Net-Net Working Capital for the quarter that ended in Sep. 2023 was JMD0.54.

The industry rank for Salada Foods Jamaica's Net-Net Working Capital or its related term are showing as below:

XJAM:SALF's Price-to-Net-Net-Working-Capital is ranked better than
51.81% of 581 companies
in the Consumer Packaged Goods industry
Industry Median: 7.35 vs XJAM:SALF: 6.94

Salada Foods Jamaica Net-Net Working Capital Historical Data

The historical data trend for Salada Foods Jamaica'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.

Salada Foods Jamaica Net-Net Working Capital Chart

Salada Foods Jamaica 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 0.39 0.43 0.39 0.47 0.54

Salada Foods Jamaica Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.47 0.51 0.55 0.59 0.54

Competitive Comparison of Salada Foods Jamaica's Net-Net Working Capital

For the Packaged Foods subindustry, Salada Foods Jamaica'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.


Salada Foods Jamaica's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salada Foods Jamaica's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Salada Foods Jamaica's Price-to-Net-Net-Working-Capital falls into.



Salada Foods Jamaica Net-Net Working Capital Calculation

Salada Foods Jamaica'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)
=(367.975+0.75 * 343.488+0.5 * 374.461-247.752
-0-0)/1038.83
=0.54

Salada Foods Jamaica's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(367.975+0.75 * 343.488+0.5 * 374.461-247.752
-0-0)/1038.83
=0.54

* 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.


Salada Foods Jamaica  (XJAM:SALF) 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.


Salada Foods Jamaica Net-Net Working Capital Related Terms

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Salada Foods Jamaica (XJAM:SALF) Business Description

Traded in Other Exchanges
N/A
Address
20 Bell Road, P.O. Box 71, Kingston, JAM, 11
Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

Salada Foods Jamaica (XJAM:SALF) Headlines

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