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NH Special Purpose Acquisition 29 Co (XKRX:451700) Net-Net Working Capital : ₩1,890.64 (As of Mar. 2024)


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What is NH Special Purpose Acquisition 29 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.

NH Special Purpose Acquisition 29 Co's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₩1,890.64.

The industry rank for NH Special Purpose Acquisition 29 Co's Net-Net Working Capital or its related term are showing as below:

XKRX:451700's Price-to-Net-Net-Working-Capital is ranked better than
79.49% of 156 companies
in the Diversified Financial Services industry
Industry Median: 2.07 vs XKRX:451700: 1.06

NH Special Purpose Acquisition 29 Co Net-Net Working Capital Historical Data

The historical data trend for NH Special Purpose Acquisition 29 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.

NH Special Purpose Acquisition 29 Co Net-Net Working Capital Chart

NH Special Purpose Acquisition 29 Co Annual Data
Trend
Net-Net Working Capital

NH Special Purpose Acquisition 29 Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital 148.89 1,900.93 1,889.84 1,885.73 1,890.64

Competitive Comparison of NH Special Purpose Acquisition 29 Co's Net-Net Working Capital

For the Shell Companies subindustry, NH Special Purpose Acquisition 29 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.


NH Special Purpose Acquisition 29 Co's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, NH Special Purpose Acquisition 29 Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where NH Special Purpose Acquisition 29 Co's Price-to-Net-Net-Working-Capital falls into.



NH Special Purpose Acquisition 29 Co Net-Net Working Capital Calculation

NH Special Purpose Acquisition 29 Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

NH Special Purpose Acquisition 29 Co'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)
=(29647.974+0.75 * 0+0.5 * 0-2517.244
-0-0)/14.35
=1,890.64

* 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.


NH Special Purpose Acquisition 29 Co  (XKRX:451700) 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.


NH Special Purpose Acquisition 29 Co Net-Net Working Capital Related Terms

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NH Special Purpose Acquisition 29 Co (XKRX:451700) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
108, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR
Website
NH Special Purpose Acquisition 29 Co is a special purpose acquisition company.

NH Special Purpose Acquisition 29 Co (XKRX:451700) Headlines

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