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Ajwan Gulf Real Estate Co (KUW:AJWAN) Net-Net Working Capital : KWD-0.01 (As of Jun. 2022)


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What is Ajwan Gulf Real Estate 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.

Ajwan Gulf Real Estate Co's Net-Net Working Capital for the quarter that ended in Jun. 2022 was KWD-0.01.

The industry rank for Ajwan Gulf Real Estate Co's Net-Net Working Capital or its related term are showing as below:

KUW:AJWAN's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.47
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Ajwan Gulf Real Estate Co Net-Net Working Capital Historical Data

The historical data trend for Ajwan Gulf Real Estate 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.

Ajwan Gulf Real Estate Co Net-Net Working Capital Chart

Ajwan Gulf Real Estate Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.12 -0.01 -0.02 -0.02

Ajwan Gulf Real Estate Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -0.02 -0.02 -0.02 -0.01 -0.01

Competitive Comparison of Ajwan Gulf Real Estate Co's Net-Net Working Capital

For the Real Estate - Diversified subindustry, Ajwan Gulf Real Estate 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.


Ajwan Gulf Real Estate Co's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

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

* The bar in red indicates where Ajwan Gulf Real Estate Co's Price-to-Net-Net-Working-Capital falls into.



Ajwan Gulf Real Estate Co Net-Net Working Capital Calculation

Ajwan Gulf Real Estate Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.007+0.75 * 0.049+0.5 * 0.002-2.299
-0-0.184)/112.304
=-0.02

Ajwan Gulf Real Estate Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2022 is calculated as

Net-Net Working Capital(Q: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.004+0.75 * 0.004+0.5 * 0.002-1.587
-0--0.065)/112.304
=-0.01

* 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.


Ajwan Gulf Real Estate Co  (KUW:AJWAN) 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.


Ajwan Gulf Real Estate Co Net-Net Working Capital Related Terms

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Ajwan Gulf Real Estate Co (KUW:AJWAN) Business Description

Traded in Other Exchanges
N/A
Address
Al Mubarak Street, Star Tower - Third Floor, Block1 - Abdullah, Mirqab, Kuwait City, KWT
Ajwan Gulf Real Estate Co is engaged in the business of real estate. The company's purpose includes own, buy and sell real estate, land development, management of the property of third parties, own, rent, and leased hotels, clubs, motels, guest houses, rest houses, and other necessary services.

Ajwan Gulf Real Estate Co (KUW:AJWAN) Headlines

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