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Bank Of Utica (ny) (Bank Of Utica (ny)) Net-Net Working Capital : $-2,712.43 (As of Dec. 2008)


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What is Bank Of Utica (ny) 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 Utica (ny)'s Net-Net Working Capital for the quarter that ended in Dec. 2008 was $-2,712.43.

The industry rank for Bank Of Utica (ny)'s Net-Net Working Capital or its related term are showing as below:

BKUTK's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.4
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bank Of Utica (ny) Net-Net Working Capital Historical Data

The historical data trend for Bank Of Utica (ny)'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 Utica (ny) Net-Net Working Capital Chart

Bank Of Utica (ny) Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net-Net Working Capital
Get a 7-Day Free Trial -3,365.32 -2,737.68 -2,393.41 -2,549.12 -2,712.43

Bank Of Utica (ny) Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -2,549.12 -2,706.27 -2,827.23 -2,794.42 -2,712.43

Competitive Comparison of Bank Of Utica (ny)'s Net-Net Working Capital

For the Banks - Regional subindustry, Bank Of Utica (ny)'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 Utica (ny)'s Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Of Utica (ny)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Bank Of Utica (ny)'s Price-to-Net-Net-Working-Capital falls into.



Bank Of Utica (ny) Net-Net Working Capital Calculation

Bank Of Utica (ny)'s Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2008 is calculated as

Net-Net Working Capital(A: Dec. 2008 )
=(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)
=(59.676+0+0.75 * 8.794+0.5 * 0-744.378
-0-0)/0.250
=-2,712.43

Bank Of Utica (ny)'s Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2008 is calculated as

Net-Net Working Capital(Q: Dec. 2008 )
=(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)
=(59.676+0+0.75 * 8.794+0.5 * 0-744.378
-0-0)/0.250
=-2,712.43

* 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 Utica (ny)  (OTCPK:BKUTK) 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 Utica (ny) Net-Net Working Capital Related Terms

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Bank Of Utica (ny) (Bank Of Utica (ny)) Business Description

Traded in Other Exchanges
N/A
Address
222 Genesee Street, Utica, NY, USA, 13502
Bank Of Utica (ny) is a full-service commercial bank. It offers a full range of business and personal banking services including deposit accounts, personal loans, electronic banking, business loans and business deposit accounts. In addition, it also invests in securities.

Bank Of Utica (ny) (Bank Of Utica (ny)) Headlines