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Parkd (ASX:PKD) Net-Net Working Capital : A$0.00 (As of Dec. 2023)


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What is Parkd 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.

Parkd's Net-Net Working Capital for the quarter that ended in Dec. 2023 was A$0.00.

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

ASX:PKD's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.455
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Parkd Net-Net Working Capital Historical Data

The historical data trend for Parkd'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.

Parkd Net-Net Working Capital Chart

Parkd Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial 0.03 0.01 0.02 - -

Parkd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.01 - - - -

Competitive Comparison of Parkd's Net-Net Working Capital

For the Engineering & Construction subindustry, Parkd'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.


Parkd's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, Parkd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Parkd Net-Net Working Capital Calculation

Parkd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.402+0.75 * 0.141+0.5 * 0-0.454
-0-0)/101.818
=0.00

Parkd'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)
=(0.362+0.75 * 0.569+0.5 * 0-0.863
-0-0)/104.014
=-0.00

* 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.


Parkd  (ASX:PKD) 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.


Parkd Net-Net Working Capital Related Terms

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Parkd (ASX:PKD) Business Description

Industry
Traded in Other Exchanges
N/A
Address
337 Harborne Street, Osborne Park, WA, AUS, 6017
Parkd Ltd is an Australian company which is specialized in modular parking system known as the Parkd Car Park System. The Parkd Car Park System includes three precast concrete elements and is designed for single or multi rise arrangements for up to 6 levels including ground level. It supplies and constructs the Parkd Car Park System for various markets for use as permanent and temporary car parking structures. The company operates in a single segment namely, the development of an innovative modular parking system.

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