GURUFOCUS.COM » STOCK LIST » Technology » Software » Securemetric Bhd (XKLS:0203) » Definitions » Net-Net Working Capital

Securemetric Bhd (XKLS:0203) Net-Net Working Capital : RM0.02 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Securemetric 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.

Securemetric Bhd's Net-Net Working Capital for the quarter that ended in Dec. 2023 was RM0.02.

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

XKLS:0203's Price-to-Net-Net-Working-Capital is ranked worse than
59.49% of 1180 companies
in the Software industry
Industry Median: 7.46 vs XKLS:0203: 10.75

Securemetric Bhd Net-Net Working Capital Historical Data

The historical data trend for Securemetric 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.

Securemetric Bhd Net-Net Working Capital Chart

Securemetric Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only 0.05 0.04 0.03 0.02 0.02

Securemetric 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 0.02 0.02 0.02

Competitive Comparison of Securemetric Bhd's Net-Net Working Capital

For the Software - Infrastructure subindustry, Securemetric 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.


Securemetric Bhd's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Securemetric Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Securemetric Bhd Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.39+0.75 * 6.94+0.5 * 1.867-17.524
-0-0.203)/577.066
=0.02

Securemetric 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)
=(22.39+0.75 * 6.94+0.5 * 1.867-17.524
-0-0.203)/577.066
=0.02

* 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.


Securemetric Bhd  (XKLS:0203) 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.


Securemetric Bhd Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Securemetric Bhd's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Securemetric Bhd (XKLS:0203) Business Description

Traded in Other Exchanges
N/A
Address
Level 5-E-6, Enterprise 4, Technology Park Malaysia Lebuhraya, Sg. Besi - Puchong, Bukit Jalil, Kuala Lumpur, MYS, 57000
Securemetric Bhd provides digital security solutions as well as trading of electronic identification products along with other services. Its core focus is into Software Licensing Protection dongles for the prevention of unauthorized access, 2-Factor Authentication aims to enhance access security by single-time OTP password, Advanced Identity, and Access Management, Public Key Infrastructure, and CENTAGATE which is an exclusive software that manages user authentication. It operates through the following business segments: Digital security solutions; Electronic identification products and Others.

Securemetric Bhd (XKLS:0203) Headlines

No Headlines