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TH Heavy Engineering Bhd (XKLS:7206PB.PFD) Net-Net Working Capital : RM0.00 (As of Mar. 2022)


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What is TH Heavy Engineering 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.

TH Heavy Engineering Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2022 was RM0.00.

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

XKLS:7206PB.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.19
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

TH Heavy Engineering Bhd Net-Net Working Capital Historical Data

The historical data trend for TH Heavy Engineering 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.

TH Heavy Engineering Bhd Net-Net Working Capital Chart

TH Heavy Engineering Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
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TH Heavy Engineering Bhd Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of TH Heavy Engineering Bhd's Net-Net Working Capital

For the Oil & Gas Equipment & Services subindustry, TH Heavy Engineering 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.


TH Heavy Engineering Bhd's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

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

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


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TH Heavy Engineering Bhd Net-Net Working Capital Calculation

TH Heavy Engineering Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.074+0.75 * 11.151+0.5 * 0-425.439
-0--199.965)/0
=N/A

TH Heavy Engineering Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2022 is calculated as

Net-Net Working Capital(Q: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.485+0.75 * 39.758+0.5 * 0.042-425.422
-0--199.966)/0
=N/A

* 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.


TH Heavy Engineering Bhd  (XKLS:7206PB.PFD) 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.


TH Heavy Engineering Bhd Net-Net Working Capital Related Terms

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TH Heavy Engineering Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Persiaran KLCC,, Level 28, MOF Inc. Tower,, Wilayah Persekutuan., Kuala Lumpur, SGR, MYS, 50088
TH Heavy Engineering Bhd is engaged in the fabrication of offshore oil and gas facilities. The businesses activities of the company are offshore structures fabrications which include inter-platform bridges, booms, compression platforms, modules, decks, and living quarters, HUC and topside major maintenance, marine services, offshore crane manufacturing, and shipbuilding and ship repair. Its segments include Construction services, Offshore crane works, and Others. The company derives the maximum revenue from the Construction service segment. Geographically, it operates in Malaysia.

TH Heavy Engineering Bhd Headlines

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