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Borneo Resource Investments (Borneo Resource Investments) Net-Net Working Capital : $-0.13 (As of Mar. 2015)


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What is Borneo Resource Investments 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.

Borneo Resource Investments's Net-Net Working Capital for the quarter that ended in Mar. 2015 was $-0.13.

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

BRNE's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Borneo Resource Investments Net-Net Working Capital Historical Data

The historical data trend for Borneo Resource Investments'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.

Borneo Resource Investments Net-Net Working Capital Chart

Borneo Resource Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Net-Net Working Capital
- -0.01 -0.07 -0.11

Borneo Resource Investments Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 -0.08 -0.08 -0.09 -0.11 -0.13

Competitive Comparison of Borneo Resource Investments's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Borneo Resource Investments'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.


Borneo Resource Investments's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Borneo Resource Investments's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Borneo Resource Investments Net-Net Working Capital Calculation

Borneo Resource Investments's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2014 is calculated as

Net-Net Working Capital(A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.119+0.75 * 0+0.5 * 0-9.262
-0--0.625)/74.5606
=-0.11

Borneo Resource Investments's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2015 is calculated as

Net-Net Working Capital(Q: Mar. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.098+0.75 * 0+0.5 * 0-10.262
-0--0.629)/76.1799
=-0.13

* 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.


Borneo Resource Investments  (OTCPK:BRNE) 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.


Borneo Resource Investments Net-Net Working Capital Related Terms

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Borneo Resource Investments (Borneo Resource Investments) Business Description

Traded in Other Exchanges
N/A
Address
300 Lenora Street, No. 876, Seattle, WA, USA, 98121-2411
Borneo Resource Investments Ltd is an exploration-stage company. It is an aggregator of proven EV metal and natural resource concession assets in the Republic of Indonesia. In addition, the company seeks and evaluates other compatible opportunities and will conduct mining operations upon regulatory approval.
Executives
Hon Wai Ku officer: Chief Financial Officer SUITE 815, 8TH FLOOR, OCEAN CENTRE, HARBOUR CITY, 5 CANTON ROAD, KOWLOON,, HONG KONG F4 0000

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