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Sagaliam Acquisition (Sagaliam Acquisition) Net-Net Working Capital : $-0.54 (As of Sep. 2023)


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What is Sagaliam Acquisition 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.

Sagaliam Acquisition's Net-Net Working Capital for the quarter that ended in Sep. 2023 was $-0.54.

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

SAGA's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.71
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sagaliam Acquisition Net-Net Working Capital Historical Data

The historical data trend for Sagaliam Acquisition'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.

Sagaliam Acquisition Net-Net Working Capital Chart

Sagaliam Acquisition Annual Data
Trend Dec21 Dec22
Net-Net Working Capital
-0.23 -1.63

Sagaliam Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.33 -1.63 -1.75 -0.56 -0.54

Competitive Comparison of Sagaliam Acquisition's Net-Net Working Capital

For the Shell Companies subindustry, Sagaliam Acquisition'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.


Sagaliam Acquisition's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sagaliam Acquisition's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Sagaliam Acquisition Net-Net Working Capital Calculation

Sagaliam Acquisition's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.003+0.75 * 0+0.5 * 0-7.081
-0-0)/4.34634
=-1.63

Sagaliam Acquisition's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.537+0.75 * 0+0.5 * 0-8.587
-0-0)/14.89
=-0.54

* 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.


Sagaliam Acquisition  (NAS:SAGA) 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.


Sagaliam Acquisition Net-Net Working Capital Related Terms

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Sagaliam Acquisition (Sagaliam Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1800 Avenue of the Stars, Suite 1475, Los Angeles, CA, USA, 90067
Sagaliam Acquisition Corp is a blank check company.
Executives
Gld Sponsor Member, Llc 10 percent owner 11420 SANTA MONICA BLVD, BOX 251961, LOS ANGELES CA 90025
Alan H Ginsburg 10 percent owner 161 PALMER AVNUE, WINTER PARK FL 32789
Barry Kostiner director, officer: Chairman and CEO C/O AMERI HOLDINGS, INC., 5000 RESEARCH COURT, SUITE 750, SUWANEE GA 30024
Sagaliam Sponsor Llc 10 percent owner 1835 W. OLYMPIC BLVD, SUITE 1150E, LOS ANGELES CA 90064
Thomas W. Neukranz director, officer: Chief Financial Officer 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
George Caruolo director 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Virginia Gabriel Del director 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Glauco Lolli-ghetti director 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Jiayin Liu officer: VP, Business Development 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067

Sagaliam Acquisition (Sagaliam Acquisition) Headlines

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