GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PIM Korea Co Ltd (XKRX:448900) » Definitions » Net-Net Working Capital

PIM Korea Co (XKRX:448900) Net-Net Working Capital : ₩-10,138.36 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is PIM Korea Co 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.

PIM Korea Co's Net-Net Working Capital for the quarter that ended in Dec. 2023 was ₩-10,138.36.

The industry rank for PIM Korea Co's Net-Net Working Capital or its related term are showing as below:

XKRX:448900's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7.035
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PIM Korea Co Net-Net Working Capital Historical Data

The historical data trend for PIM Korea Co'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.

PIM Korea Co Net-Net Working Capital Chart

PIM Korea Co Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
-11,520.81 -10,138.36

PIM Korea Co Semi-Annual Data
Dec22 Dec23
Net-Net Working Capital -11,520.81 -10,138.36

Competitive Comparison of PIM Korea Co's Net-Net Working Capital

For the Metal Fabrication subindustry, PIM Korea Co'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.


PIM Korea Co's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PIM Korea Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PIM Korea Co's Price-to-Net-Net-Working-Capital falls into.



PIM Korea Co Net-Net Working Capital Calculation

PIM Korea Co'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)
=(885.605+0.75 * 6049.926+0.5 * 11774.014-42923.095
-0-0)/3.11816
=-10,138.36

PIM Korea Co'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)
=(885.605+0.75 * 6049.926+0.5 * 11774.014-42923.095
-0-0)/3.11816
=-10,138.36

* 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.


PIM Korea Co  (XKRX:448900) 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.


PIM Korea Co Net-Net Working Capital Related Terms

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


PIM Korea Co Business Description

Traded in Other Exchanges
N/A
Address
26, Secheon-ro 8-gil, Dasa-eup, Dalseong-gun, Daegu, KOR, 42921
PIM Korea Co Ltd is a global company specializing in parts and materials. It is involved in lead metal powder injection, centrifugal casting, and processing methods and strive to build state-of-the-art facilities and develop new technologies to continuously promote new businesses and lead new trends in the parts business with differentiated strategies.

PIM Korea Co Headlines

No Headlines