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Bahvest Resources Bhd (XKLS:0098) Net-Net Working Capital : RM0.01 (As of Jun. 2024)


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What is Bahvest Resources Bhd 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.

Bahvest Resources Bhd's Net-Net Working Capital for the quarter that ended in Jun. 2024 was RM0.01.

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

XKLS:0098's Price-to-Net-Net-Working-Capital is ranked worse than
96.88% of 898 companies
in the Metals & Mining industry
Industry Median: 5 vs XKLS:0098: 61.50

Bahvest Resources Bhd Net-Net Working Capital Historical Data

The historical data trend for Bahvest Resources 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.

* Premium members only.

Bahvest Resources Bhd Net-Net Working Capital Chart

Bahvest Resources Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.03 -0.03 -0.02 -0.02

Bahvest Resources Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Mar24 Jun24
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 -0.02 -0.03 -0.02 -0.01 0.01

Competitive Comparison of Bahvest Resources Bhd's Net-Net Working Capital

For the Gold subindustry, Bahvest Resources 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.


Bahvest Resources Bhd's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bahvest Resources Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Bahvest Resources Bhd Net-Net Working Capital Calculation

Bahvest Resources Bhd'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)
=(16.435+0.75 * 2.331+0.5 * 4.393-48.127
-0-0)/1239.78
=-0.02

Bahvest Resources Bhd'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)
=(25.34+0.75 * 3.332+0.5 * 6.869-24.127
-0-0)/1242.46
=0.01

* 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.


Bahvest Resources Bhd  (XKLS:0098) 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.


Bahvest Resources Bhd Net-Net Working Capital Related Terms

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Bahvest Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
Mile 2, Jalan Leila, Bandar Nam Tung, P.O. Box No. 2112, Block E, Lot 4, Sandakan, SBH, MYS, 90724
Bahvest Resources Bhd is an investment holding company. The company's operating segment includes Aquaculture operations, Investment holding, and Mining operations. It generates maximum revenue from the Mining operations segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Hong Kong.

Bahvest Resources Bhd Headlines

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