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Silver Ridge Holdings Bhd (XKLS:0129) Net-Net Working Capital : RM0.01 (As of Dec. 2023)


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What is Silver Ridge Holdings 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.

Silver Ridge Holdings Bhd's Net-Net Working Capital for the quarter that ended in Dec. 2023 was RM0.01.

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

XKLS:0129's Price-to-Net-Net-Working-Capital is ranked worse than
92.8% of 1208 companies
in the Hardware industry
Industry Median: 6.955 vs XKLS:0129: 41.00

Silver Ridge Holdings Bhd Net-Net Working Capital Historical Data

The historical data trend for Silver Ridge Holdings 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.

Silver Ridge Holdings Bhd Net-Net Working Capital Chart

Silver Ridge Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.05 -0.03 -0.02 -0.04

Silver Ridge Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.02 -0.04 -0.02 0.01

Competitive Comparison of Silver Ridge Holdings Bhd's Net-Net Working Capital

For the Communication Equipment subindustry, Silver Ridge Holdings 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.


Silver Ridge Holdings Bhd's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silver Ridge Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Silver Ridge Holdings Bhd's Price-to-Net-Net-Working-Capital falls into.



Silver Ridge Holdings Bhd Net-Net Working Capital Calculation

Silver Ridge Holdings Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.368+0.75 * 1.518+0.5 * 0.512-10.765
-0--0.15)/203.376
=-0.04

Silver Ridge Holdings Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.846+0.75 * 11.362+0.5 * 1.108-12.393
-0-0.29)/222.601
=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.


Silver Ridge Holdings Bhd  (XKLS:0129) 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.


Silver Ridge Holdings Bhd Net-Net Working Capital Related Terms

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Silver Ridge Holdings Bhd (XKLS:0129) Business Description

Traded in Other Exchanges
N/A
Address
4 - 6, Jalan 28/70A, Desa Sri Hartamas, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480
Silver Ridge Holdings Bhd is involved in investment holding and provision of a management services business. The company provides telecommunication system architecture and design, next-generation network solution as well as telecommunication related software solutions. It derives a majority of revenue from telecommunication solutions. The telecommunication solutions provide includes 3G network architecture and engineering system design, customisation and optimisation solution; In-Building Radio Frequency Coverage and Quality (EIQ); Power Load Solutions (PLS); Base Station Subsystems Solutions (BSS); Multi-Service Access Node (MSAN) system architecture and design and others.

Silver Ridge Holdings Bhd (XKLS:0129) Headlines

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