GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Steel Hawk Bhd (XKLS:0320) » Definitions » Net-Net Working Capital

Steel Hawk Bhd (XKLS:0320) Net-Net Working Capital : RM-0.07 (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Steel Hawk 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.

Steel Hawk Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2025 was RM-0.07.

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

XKLS:0320's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.59
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Steel Hawk Bhd Net-Net Working Capital Historical Data

The historical data trend for Steel Hawk 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.

Steel Hawk Bhd Net-Net Working Capital Chart

Steel Hawk Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial - - -0.02 -0.04 -0.04

Steel Hawk Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - -0.03 -0.02 -0.04 -0.07

Competitive Comparison of Steel Hawk Bhd's Net-Net Working Capital

For the Oil & Gas Midstream subindustry, Steel Hawk 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.


Steel Hawk Bhd's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

Steel Hawk Bhd Net-Net Working Capital Calculation

Steel Hawk Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.854+0.75 * 16.546+0.5 * 1.501-37.212
-0-0)/490.000
=-0.04

Steel Hawk Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.605+0.75 * 20.753+0.5 * 2.365-56.058
-0-0)/490.000
=-0.07

* 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.


Steel Hawk Bhd  (XKLS:0320) 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.


Steel Hawk Bhd Net-Net Working Capital Related Terms

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


Steel Hawk Bhd Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan PJU 1/37, Block H, 23-2 & 25-2, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Steel Hawk Bhd is engaged in providing technical and engineering support services in the Oil and Gas Industry in Malaysia. It specializes in the installation, repair, refurbishment and replacement, and supply of oilfield equipment such as pig trap systems, fire-rated doors, or oil spill recovery equipment in topside oil and gas facilities. The company is also involved in providing engineering, procurement, construction, and commissioning (EPCC) services for chemical injection skids and maintenance of topside oil and gas facilities. Its reportable segments are the I&M of oilfield equipment, Supply of oilfield equipment, and EPCC services and facilities improvement and maintenance, which generate maximum revenue. Geographically, it derives key revenue from its customers within Malaysia.

Steel Hawk Bhd Headlines

No Headlines