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Market Connections Asia PCL (BKK:MCA) Net-Net Working Capital : ฿0.68 (As of Dec. 2023)


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What is Market Connections Asia PCL 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.

Market Connections Asia PCL's Net-Net Working Capital for the quarter that ended in Dec. 2023 was ฿0.68.

The industry rank for Market Connections Asia PCL's Net-Net Working Capital or its related term are showing as below:

BKK:MCA's Price-to-Net-Net-Working-Capital is ranked better than
56.44% of 365 companies
in the Media - Diversified industry
Industry Median: 4.75 vs BKK:MCA: 3.74

Market Connections Asia PCL Net-Net Working Capital Historical Data

The historical data trend for Market Connections Asia PCL'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.

Market Connections Asia PCL Net-Net Working Capital Chart

Market Connections Asia PCL Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
-0.04 -0.04 0.68

Market Connections Asia PCL Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital -0.04 - -0.04 -0.03 0.68

Competitive Comparison of Market Connections Asia PCL's Net-Net Working Capital

For the Advertising Agencies subindustry, Market Connections Asia PCL'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.


Market Connections Asia PCL's Price-to-Net-Net-Working-Capital Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Market Connections Asia PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Market Connections Asia PCL's Price-to-Net-Net-Working-Capital falls into.



Market Connections Asia PCL Net-Net Working Capital Calculation

Market Connections Asia PCL'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)
=(142.713+0.75 * 99.491+0.5 * 2.871-62.02
-0-0)/230
=0.68

Market Connections Asia PCL'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)
=(142.713+0.75 * 99.491+0.5 * 2.871-62.02
-0-0)/230
=0.68

* 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.


Market Connections Asia PCL  (BKK:MCA) 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.


Market Connections Asia PCL Net-Net Working Capital Related Terms

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Market Connections Asia PCL (BKK:MCA) Business Description

Traded in Other Exchanges
N/A
Address
51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230
Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, and Merchandising. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.

Market Connections Asia PCL (BKK:MCA) Headlines