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Westbury Bancorp (Westbury Bancorp) Net-Net Working Capital : $-236.24 (As of Sep. 2021)


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What is Westbury Bancorp 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.

Westbury Bancorp's Net-Net Working Capital for the quarter that ended in Sep. 2021 was $-236.24.

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

WBBW's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.9
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Westbury Bancorp Net-Net Working Capital Historical Data

The historical data trend for Westbury Bancorp'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.

Westbury Bancorp Net-Net Working Capital Chart

Westbury Bancorp Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -140.78 -168.17 -182.51 -239.83 -236.24

Westbury Bancorp Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -239.83 -224.24 -220.23 -219.98 -236.24

Competitive Comparison of Westbury Bancorp's Net-Net Working Capital

For the Banks - Regional subindustry, Westbury Bancorp'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.


Westbury Bancorp's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westbury Bancorp's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Westbury Bancorp Net-Net Working Capital Calculation

Westbury Bancorp's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2021 is calculated as

Net-Net Working Capital(A: Sep. 2021 )
=(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)
=(28.157+179.732+0.75 * 0+0.5 * 0-836.768
-0-0)/2.66199
=-236.24

Westbury Bancorp's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2021 is calculated as

Net-Net Working Capital(Q: Sep. 2021 )
=(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)
=(28.157+179.732+0.75 * 0+0.5 * 0-836.768
-0-0)/2.66199
=-236.24

* 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.


Westbury Bancorp  (OTCPK:WBBW) 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.


Westbury Bancorp Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Westbury Bancorp's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Westbury Bancorp (Westbury Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
N16W23250 Stone Ridge Drive, Suite 5, Waukesha, WI, USA, 53188
Westbury Bancorp Inc is the savings and loan holding company for Westbury Bank. It provides a variety of financial services to individuals and small businesses throughout Southeastern Wisconsin. Its principal business consists of attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, and borrowings, in commercial and multifamily real estate loans, and commercial business loans. The bank's primary deposit products are checking, savings, money market and term certificate accounts and its primary lending products are consumers, commercial and residential mortgage loans.
Executives
Martin S. Friedman 10 percent owner, other: (See Remarks below) 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Michael C Holland officer: SVP/Chief Compliance Officer 200 SOUTH MAIN STREET WEST BEND WI 53095
Steven L. Ritt officer: Senior VP & General Counsel 200 SOUTH MAIN STREET C/O WESTBURY BANCORP, INC. WEST BEND WI 53095
Donald J. Murn director 200 SOUTH MAIN STREET C/O WESTBURY BANCORP, INC. WEST BEND WI 53095
Stephen Sinner director, officer: Chief Operating Officer 200 SOUTH MAIN STREET C/O WESTBURY BANCORP, INC. WEST BEND WI 53095
Rondi Rohr-dralle director 200 SOUTH MAIN STREET WEST BEND WI 53095
Peter Emmett Lee officer: EVP - Community Banking 200 SOUTH MAIN STREET WEST BEND WI 53095
Greg J Remus director, officer: President and CEO 200 SOUTH MAIN STREET WEST BEND WI 53095
Glenn Stadler officer: EVP/Chief Commercial Lending 200 SOUTH MAIN STREET WEST BEND WI 53095
Raymond F Lipman director, officer: Chairman 200 SOUTH MAIN STREET WEST BEND WI 53095
James A Spella director 200 SOUTH MAIN STREET WEST BEND WI 53095
Kirk J Emerich officer: EVP and CFO 200 SOUTH MAIN STREET WEST BEND WI 53095
David G Jorgensen director 200 SOUTH MAIN STREET WEST BEND WI 53095
Andrew J Gumm director 200 SOUTH MAIN STREET WEST BEND WI 53095
William D Gehl director C/O GEHL COMPANY, 143 WATER STREET, WEST BEND WI 53095

Westbury Bancorp (Westbury Bancorp) Headlines

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