GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Administradora Americana de Inversiones SA (XSGO:AAISA) » Definitions » Net-Net Working Capital

Administradora Americana de Inversiones (XSGO:AAISA) Net-Net Working Capital : CLP18.42 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Administradora Americana de Inversiones 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.

Administradora Americana de Inversiones's Net-Net Working Capital for the quarter that ended in Dec. 2023 was CLP18.42.

The industry rank for Administradora Americana de Inversiones's Net-Net Working Capital or its related term are showing as below:

XSGO:AAISA's Price-to-Net-Net-Working-Capital is ranked worse than
60.12% of 514 companies
in the Asset Management industry
Industry Median: 6.415 vs XSGO:AAISA: 10.16

Administradora Americana de Inversiones Net-Net Working Capital Historical Data

The historical data trend for Administradora Americana de Inversiones'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.

Administradora Americana de Inversiones Net-Net Working Capital Chart

Administradora Americana de Inversiones Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
34.64 28.54 18.42

Administradora Americana de Inversiones Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.54 29.14 23.19 23.47 18.42

Competitive Comparison of Administradora Americana de Inversiones's Net-Net Working Capital

For the Asset Management subindustry, Administradora Americana de Inversiones'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.


Administradora Americana de Inversiones's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora Americana de Inversiones's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Administradora Americana de Inversiones's Price-to-Net-Net-Working-Capital falls into.



Administradora Americana de Inversiones Net-Net Working Capital Calculation

Administradora Americana de Inversiones'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)
=(84274.063+0.75 * 4136.123+0.5 * 0-68845.778
-0-108.055)/1000
=18.42

Administradora Americana de Inversiones'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)
=(84274.063+0.75 * 4136.123+0.5 * 0-68845.778
-0-108.055)/1000
=18.42

* 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.


Administradora Americana de Inversiones  (XSGO:AAISA) 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.


Administradora Americana de Inversiones Net-Net Working Capital Related Terms

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


Administradora Americana de Inversiones (XSGO:AAISA) Business Description

Traded in Other Exchanges
N/A
Address
Marchant Pereira 10, Floor 17, 16th Floor, Providencia, Santiago, CHL
Administradora Americana de Inversiones SA is a investment management firm. Its objective is to strengthen the international presence of the group in the pension sector and explore new investment opportunities in the region, giving the shareholders the possibility of participating in the development of new businesses.

Administradora Americana de Inversiones (XSGO:AAISA) Headlines

No Headlines