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RIKEN KEIKI Co (TSE:7734) Net-Net Working Capital : 円462.84 (As of Dec. 2023)


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What is RIKEN KEIKI Co 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.

RIKEN KEIKI Co's Net-Net Working Capital for the quarter that ended in Dec. 2023 was 円462.84.

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

TSE:7734's Price-to-Net-Net-Working-Capital is ranked worse than
59.48% of 385 companies
in the Business Services industry
Industry Median: 5.87 vs TSE:7734: 7.80

RIKEN KEIKI Co Net-Net Working Capital Historical Data

The historical data trend for RIKEN KEIKI Co'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.

RIKEN KEIKI Co Net-Net Working Capital Chart

RIKEN KEIKI Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.29 274.19 369.00 441.60 498.48

RIKEN KEIKI Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 441.60 452.30 482.67 462.84 498.48

Competitive Comparison of RIKEN KEIKI Co's Net-Net Working Capital

For the Security & Protection Services subindustry, RIKEN KEIKI Co'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.


RIKEN KEIKI Co's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RIKEN KEIKI Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



RIKEN KEIKI Co Net-Net Working Capital Calculation

RIKEN KEIKI Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21591.02+0.75 * 10788.891+0.5 * 19342.794-16137.847
-0-0)/46.5745
=498.48

RIKEN KEIKI Co'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)
=(19366.631+0.75 * 11288.986+0.5 * 19112.812-15832.958
-0-0)/46.5746
=462.84

* 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.


RIKEN KEIKI Co  (TSE:7734) 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.


RIKEN KEIKI Co Net-Net Working Capital Related Terms

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RIKEN KEIKI Co (TSE:7734) Business Description

Traded in Other Exchanges
N/A
Address
2-7-6 Azusawa Itabashi-Ku, Tokyo, JPN, 174-8744
RIKEN KEIKI Co Ltd is a Japan-based company engaged in the business of manufacturing and selling of gas alarms. It offers fixed and portable flammable gas detectors, toxic gas detectors and oxygen deficiency prevention detectors, portable multi-gas monitors and environmental monitors.

RIKEN KEIKI Co (TSE:7734) Headlines

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