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ATW Tech (TSXV:ATW) Net-Net Working Capital : C$-0.01 (As of Sep. 2023)


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What is ATW Tech 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.

ATW Tech's Net-Net Working Capital for the quarter that ended in Sep. 2023 was C$-0.01.

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

TSXV:ATW's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.21
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

ATW Tech Net-Net Working Capital Historical Data

The historical data trend for ATW Tech'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.

ATW Tech Net-Net Working Capital Chart

ATW Tech Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.05 -0.01 -0.01 -0.01

ATW Tech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of ATW Tech's Net-Net Working Capital

For the Software - Infrastructure subindustry, ATW Tech'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.


ATW Tech's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, ATW Tech's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



ATW Tech Net-Net Working Capital Calculation

ATW Tech'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)
=(0.022+0.75 * 0.059+0.5 * 0-2.648
-0-0)/224.512
=-0.01

ATW Tech'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)
=(0.083+0.75 * 0.482+0.5 * 0-3.769
-0-0)/316.268
=-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.


ATW Tech  (TSXV:ATW) 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.


ATW Tech Net-Net Working Capital Related Terms

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


ATW Tech (TSXV:ATW) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1050 de la Montagne Street, Suite 400, Montreal, QC, CAN, H3G 1Y8
ATW Tech Inc is a financial technology company owning several web platforms including VoxTel, VuduMobile, Option.vote and Bloomed. The Communication segment offers various interactive communication and payment solutions, including carrier billing. Its Psychometric assessment segment offered assistance to businesses and mass markets in talent optimization and human capital development. Geographic segments include Canada, the United States, Europe, and other countries of which Europe region generates maximum revenue.
Executives
Groupe Gestion G5 Inc. 10% Security Holder
André Imbeau 10% Security Holder

ATW Tech (TSXV:ATW) Headlines

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