ZKIN (ZK International Group Co) Net-Net Working Capital : $-4.69 (As of Sep. 2024)

ZK International Group Co Net-Net Working Capital Chart

ZK International Group Co Annual Data
	Trend	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23	Sep24
Net-Net Working Capital		Get a 7-Day Free Trial					-1.28	0.46	-0.91	-1.77	-4.69

ZK International Group Co Semi-Annual Data
	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Net-Net Working Capital	Get a 7-Day Free Trial													-0.91	-1.45	-1.77	-4.53	-4.69

Competitive Comparison of ZK International Group Co's Net-Net Working Capital

For the Steel subindustry, ZK International Group 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.

ZK International Group Co's Price-to-Net-Net-Working-Capital Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ZK International Group Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where ZK International Group Co's Price-to-Net-Net-Working-Capital falls into.

ZK International Group Co Net-Net Working Capital Calculation

ZK International Group Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2024 is calculated as

ZK International Group Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

* 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.

ZK International Group Co  (NAS:ZKIN) 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.

ZK International Group Co Net-Net Working Capital Related Terms

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ZK International Group Co Business Description