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iLearningEngines (iLearningEngines) Net-Net Working Capital : $-0.42 (As of Jun. 2023)


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What is iLearningEngines 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.

iLearningEngines's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $-0.42.

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

AILE's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.46
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

iLearningEngines Net-Net Working Capital Historical Data

The historical data trend for iLearningEngines'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.

iLearningEngines Net-Net Working Capital Chart

iLearningEngines Annual Data
Trend Dec20 Dec21 Dec22
Net-Net Working Capital
- -0.40 -0.40

iLearningEngines Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Net-Net Working Capital - -0.40 - -0.40 -0.42

Competitive Comparison of iLearningEngines's Net-Net Working Capital

For the Software - Infrastructure subindustry, iLearningEngines'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.

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

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

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


iLearningEngines Net-Net Working Capital Calculation

iLearningEngines'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)
=(0.856+0.75 * 34.698+0.5 * 0-80.32
-0-0)/134.970
=-0.40

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

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.862+0.75 * 48.515+0.5 * 0-98.063
-0-0)/134.970
=-0.42

* 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.

iLearningEngines  (NAS:AILE) 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.

iLearningEngines Net-Net Working Capital Related Terms

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iLearningEngines (iLearningEngines) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » iLearningEngines Inc (NAS:AILE) » Definitions » Net-Net Working Capital
Comparable Companies
Traded in Other Exchanges
N/A
Address
6701 Democracy Boulevard, Suite 300, Bethesda, MD, USA, 20817
Website
https://www.ilearningengines.com
iLearningEngines Inc is an AI and automation platform that empowers its customers to productize their institutional knowledge by transforming it into actionable intellectual property that enhances outcomes for employees, customers and other stakeholders. Its platform enables enterprises to build intelligent Knowledge Clouds that incorporate large volumes of structured and unstructured information across disparate internal and external systems and to automate organizational processes that leverage these Knowledge Clouds to improve performance. The company combines its offerings with vertically focused capabilities and data models to operationalize AI and automation to effectively and efficiently address critical challenges facing its customers.