Green Ocean Bhd (XKLS:0074) Net-Net Working Capital: RM0.18 (As of Mar. 2026)

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What is Green Ocean Bhd Net-Net Working Capital?

Green Ocean Bhd XKLS:0074 Net-Net Working Capital is RM0.18 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 661 Consumer Packaged Goods companies, Green Ocean Bhd ranks better than 98.49% on this metric.

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.

Green Ocean Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2026 was RM0.18.

The industry rank for Green Ocean Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:0074's Price-to-Net-Net-Working-Capital is ranked better than
98.49% of 661 companies
in the Consumer Packaged Goods industry
Industry Median: 6.82 vs XKLS:0074: 0.47

Green Ocean Bhd  (XKLS:0074) 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.


Green Ocean Bhd Net-Net Working Capital Related Terms


Green Ocean Bhd Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Green Ocean Bhd'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.

Green Ocean Bhd Net-Net Working Capital Chart

Green Ocean Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Sep24 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 0.48 0.32 0.30 0.18

Green Ocean Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.16 0.20 0.18 0.18

XKLS:0074 vs ADM, BG, TSN: Net-Net Working Capital Comparison

For the Farm Products subindustry, Green Ocean Bhd'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.


Green Ocean Bhd Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Green Ocean Bhd's Price-to-Net-Net-Working-Capital falls into.



Green Ocean Bhd Net-Net Working Capital Calculation

Green Ocean Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(36.003+0.75 * 4.271+0.5 * 4.032-2.436
-0-0)/211.159
=0.18

Green Ocean Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(36.003+0.75 * 4.271+0.5 * 4.032-2.436
-0-0)/211.159
=0.18

* 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.

What does a Net-Net Working Capital of RM0.18 mean?
Green Ocean Bhd (XKLS:0074) has a Net-Net Working Capital of RM0.18 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Green Ocean Bhd According to the industry distribution chart, Green Ocean Bhd ranks #10 out of 661 companies in the Consumer Packaged Goods industry, placing it in the top 1.5%.
Is Green Ocean Bhd's Net-Net Working Capital too high?
Green Ocean Bhd's current Net-Net Working Capital is RM0.18. Based on the distribution chart, Green Ocean Bhd ranks #10 out of 661 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Green Ocean Bhd's Net-Net Working Capital compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Green Ocean Bhd ranks #10 out of 661 companies for Net-Net Working Capital. This places Green Ocean Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 6.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.82, based on 661 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Green Ocean Bhd For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Ocean Bhd's current Net-Net Working Capital is RM0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.16, compared to a current price of RM0.09 — trading 46.9% below its estimated fair value. The current Net-Net Working Capital is RM0.18. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Green Ocean Bhd (XKLS:0074), the current Net-Net Working Capital is RM0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Ocean Bhd Business Description

Address DF2-10-01 (Unit 2), Persoft Tower, Level 10, 6B, Persiaran Tropicana, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.