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EFFI Capital Nadlan (XTAE:EFCP) Net-Net Working Capital : ₪-15.67 (As of Sep. 2023)


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What is EFFI Capital Nadlan 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.

EFFI Capital Nadlan's Net-Net Working Capital for the quarter that ended in Sep. 2023 was ₪-15.67.

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

XTAE:EFCP's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.22
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

EFFI Capital Nadlan Net-Net Working Capital Historical Data

The historical data trend for EFFI Capital Nadlan'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.

EFFI Capital Nadlan Net-Net Working Capital Chart

EFFI Capital Nadlan Annual Data
Trend Dec20 Dec21 Dec22
Net-Net Working Capital
- -7.24 -15.44

EFFI Capital Nadlan Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only - -15.44 -15.45 -13.35 -15.67

Competitive Comparison of EFFI Capital Nadlan's Net-Net Working Capital

For the Real Estate - Development subindustry, EFFI Capital Nadlan'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.


EFFI Capital Nadlan's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, EFFI Capital Nadlan's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



EFFI Capital Nadlan Net-Net Working Capital Calculation

EFFI Capital Nadlan's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(94.734+0.75 * 0+0.5 * 722.208-1167.179
-0-0)/46.062
=-15.44

EFFI Capital Nadlan's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.425+0.75 * 0+0.5 * 834.395-1163.347
-0-0)/46.062
=-15.67

* 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.


EFFI Capital Nadlan  (XTAE:EFCP) 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.


EFFI Capital Nadlan Net-Net Working Capital Related Terms

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EFFI Capital Nadlan (XTAE:EFCP) Business Description

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Traded in Other Exchanges
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Address
Website
EFFI Capital Nadlan Ltd is a company that operates in the initiation and planning of residential construction projects, it also deals with locating real estate, improvement processes and initiation of Bundline projects on its own or through special purpose corporations (SPCs), which are usually private companies Owned by the company and or owned by the group and various partners.

EFFI Capital Nadlan (XTAE:EFCP) Headlines

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