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Video River Networks (Video River Networks) Net-Net Working Capital : $0.00 (As of Mar. 2024)


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What is Video River Networks 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.

Video River Networks's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $0.00.

The industry rank for Video River Networks's Net-Net Working Capital or its related term are showing as below:

NIHK's Price-to-Net-Net-Working-Capital is not ranked *
in the Capital Markets industry.
Industry Median: 5.825
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Video River Networks Net-Net Working Capital Historical Data

The historical data trend for Video River Networks'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.

Video River Networks Net-Net Working Capital Chart

Video River Networks Annual Data
Trend Dec06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - -0.02 - -

Video River Networks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Video River Networks's Net-Net Working Capital

For the Capital Markets subindustry, Video River Networks'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.


Video River Networks's Price-to-Net-Net-Working-Capital Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Video River Networks's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Video River Networks's Price-to-Net-Net-Working-Capital falls into.



Video River Networks Net-Net Working Capital Calculation

Video River Networks'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)
=(0.01+0.75 * 0+0.5 * 0-0.33
-0-0)/182.37
=-0.00

Video River Networks'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)
=(0.002+0.75 * 0+0.5 * 0-0.035
-0-0)/182.37
=-0.00

* 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.


Video River Networks  (OTCPK:NIHK) 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.


Video River Networks Net-Net Working Capital Related Terms

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Video River Networks (Video River Networks) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Video River Networks Inc is a specialty real estate holding company. The company has two lines of real estate business which is to promote and preserve affordable housing and economic development across urban neighborhoods in the United States. It is also involved in the Electric Vehicles (EV) business, Artificial Intelligence, Machine Learning and Robotics assets, businesses and operations in North America.
Executives
Frank I Igwealor director, 10 percent owner, officer: President and CEO 370 AMAPOLA AVE, SUITE 200A, TORRANCE CA 90501
Cannabinoid Biosciences, Inc. director, 10 percent owner, officer: President and CEO 3699 WILSHIRE BLVD., SUITE 610, LOS ANGELES CA 90010
Video River Networks, Inc. director, 10 percent owner, officer: President and CEO 1333 N. BUFFALO DR., SUITE 210, LAS VEGAS NV 89128
Daniel P Mcredmond officer: Corporate Controller
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
Patrick A Gorman director
H Douglas Saathoff officer: CEO
Myron Anduri 10 percent owner, officer: President, as of 01/01/04
Steven H. Jacobson 10 percent owner P.O. BOX 24947, DENVER CO 80224-0947

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