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Edelteq Holdings Bhd (XKLS:0278) Net-Net Working Capital : RM0.04 (As of Mar. 2024)


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What is Edelteq Holdings Bhd 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.

Edelteq Holdings Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2024 was RM0.04.

The industry rank for Edelteq Holdings Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:0278's Price-to-Net-Net-Working-Capital is ranked worse than
61.82% of 495 companies
in the Semiconductors industry
Industry Median: 8.4 vs XKLS:0278: 12.00

Edelteq Holdings Bhd Net-Net Working Capital Historical Data

The historical data trend for Edelteq Holdings Bhd'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.

Edelteq Holdings Bhd Net-Net Working Capital Chart

Edelteq Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
- - 0.01 0.01 0.04

Edelteq Holdings Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only - 0.06 0.05 0.04 0.04

Competitive Comparison of Edelteq Holdings Bhd's Net-Net Working Capital

For the Semiconductors subindustry, Edelteq Holdings Bhd'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.


Edelteq Holdings Bhd's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Edelteq Holdings Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Edelteq Holdings Bhd's Price-to-Net-Net-Working-Capital falls into.



Edelteq Holdings Bhd Net-Net Working Capital Calculation

Edelteq Holdings Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(28.9+0.75 * 4.155+0.5 * 2.637-10.278
-0-0)/532.536
=0.04

Edelteq Holdings Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(23.159+0.75 * 6.893+0.5 * 2.296-6.986
-0-0)/532.536
=0.04

* 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.


Edelteq Holdings Bhd  (XKLS:0278) 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.


Edelteq Holdings Bhd Net-Net Working Capital Related Terms

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Edelteq Holdings Bhd (XKLS:0278) Business Description

Traded in Other Exchanges
N/A
Address
Lorong Impian Ria 4, No. 20, 1st Floor, Taman Impian Ria, Bukit Mertajam, PNG, MYS, 14000
Edelteq Holdings Bhd is an investment holding company and through our Subsidiaries, we are principally involved in the provision of engineering support for IC assembly and test processes in the semiconductor industry. The company is a leading semiconductor manufacturing solutions provider. It offers a wide range of products and services for semiconductor packaging, inspection, and testing processes. It operates in four reportable segments: design and assembly of IC burn-in boards and supply of PCBs; supply and refurbishment of IC assembly and test consumables; design, development, and assembly of ATE and factory automation; and trading of operating supplies, spare parts, and tools for IC assembly and testing.

Edelteq Holdings Bhd (XKLS:0278) Headlines

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