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Bank of Queensland (Bank of Queensland) Net-Net Working Capital : $-182.96 (As of Feb. 2024)


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What is Bank of Queensland 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.

Bank of Queensland's Net-Net Working Capital for the quarter that ended in Feb. 2024 was $-182.96.

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

BKQNY's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.35
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bank of Queensland Net-Net Working Capital Historical Data

The historical data trend for Bank of Queensland'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.

Bank of Queensland Net-Net Working Capital Chart

Bank of Queensland Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -161.58 -155.50 -187.39 -195.14 -191.08

Bank of Queensland Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -192.50 -195.14 -204.53 -191.08 -182.96

Competitive Comparison of Bank of Queensland's Net-Net Working Capital

For the Banks - Regional subindustry, Bank of Queensland'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.


Bank of Queensland's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Queensland's Price-to-Net-Net-Working-Capital falls into.



Bank of Queensland Net-Net Working Capital Calculation

Bank of Queensland's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2023 is calculated as

Net-Net Working Capital(A: Aug. 2023 )
=(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)
=(1864.462+0+0.75 * 0+0.5 * 0-64346.304
-0-0)/327
=-191.08

Bank of Queensland's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2024 is calculated as

Net-Net Working Capital(Q: Feb. 2024 )
=(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)
=(2064.579+0+0.75 * 0+0.5 * 0-62128.506
-0-0)/328.288
=-182.96

* 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.


Bank of Queensland  (OTCPK:BKQNY) 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.


Bank of Queensland Net-Net Working Capital Related Terms

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Bank of Queensland (Bank of Queensland) Business Description

Address
100 Skyring Terrace, Level 6, Newstead, QLD, AUS, 4006
Bank of Queensland, or BOQ, is an Australia-based bank offering home loans, personal finance, and commercial loans. BOQ operates both owner-managed and corporate branches, and is the owner of Virgin Money Australia and Me Bank. Its BOQ business includes the BOQ branded commercial lending activity, BOQ Finance and BOQ Specialist businesses. The division provides tailored business banking solutions including commercial lending, equipment finance and leasing, cash flow finance, foreign exchange, interest rate hedging, transaction banking, and deposit solutions for commercial customers.

Bank of Queensland (Bank of Queensland) Headlines

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