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African Export-Import Bank (XMAU:AEIB.N0004) Net-Net Working Capital : $0.00 (As of . 20)


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What is African Export-Import Bank 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.

African Export-Import Bank's Net-Net Working Capital for the quarter that ended in . 20 was $0.00.

The industry rank for African Export-Import Bank's Net-Net Working Capital or its related term are showing as below:

XMAU:AEIB.N0004's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.93
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

African Export-Import Bank Net-Net Working Capital Historical Data

The historical data trend for African Export-Import Bank'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.

African Export-Import Bank Net-Net Working Capital Chart

African Export-Import Bank Annual Data
Trend
Net-Net Working Capital

African Export-Import Bank Semi-Annual Data
Net-Net Working Capital

Competitive Comparison of African Export-Import Bank's Net-Net Working Capital

For the Banks - Regional subindustry, African Export-Import Bank'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.

African Export-Import Bank's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, African Export-Import Bank's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where African Export-Import Bank's Price-to-Net-Net-Working-Capital falls into.


African Export-Import Bank Net-Net Working Capital Calculation

African Export-Import Bank's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Net-Net Working Capital(A: . 20 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(++0.75 * +0.5 * -N/A
--)/0
=N/A

African Export-Import Bank's Net-Net Working Capital (NNWC) per share for the quarter that ended in . 20 is calculated as

Net-Net Working Capital(Q: . 20 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(++0.75 * +0.5 * -N/A
--)/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.

African Export-Import Bank  (XMAU:AEIB.N0004) 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.

African Export-Import Bank Net-Net Working Capital Related Terms

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African Export-Import Bank (XMAU:AEIB.N0004) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » African Export-Import Bank (XMAU:AEIB.N0004) » Definitions » Net-Net Working Capital
Comparable Companies
Traded in Other Exchanges
N/A
Address
72 (B) El Maahad El Eshteraky Street Roxy, Heliopolis, Cairo, EGY, 11341
Website
https://www.afreximbank.com
African Export-Import Bank is a supranational financial institution that facilitates, promotes and expands intra and extra-African trade. Its functions include extending credit to eligible African exporters by providing pre- and post-shipment finance; extending indirect credit to African exporters and importers of African goods through the intermediary of banks and other African financial institutions; leveraging external financing through syndication; promoting and financing trade between African states and other developing states; acting as intermediary between African exporters and African and non-African importers through the issuance of letters of credit, guarantees and other trade documents in support of export-import transactions; among others.

African Export-Import Bank (XMAU:AEIB.N0004) Headlines

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