GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aqua Power Systems Inc (OTCPK:APSI) » Definitions » Net-Net Working Capital

Aqua Power Systems (Aqua Power Systems) Net-Net Working Capital : $0.00 (As of Sep. 2022)


View and export this data going back to 2013. Start your Free Trial

What is Aqua Power Systems 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.

Aqua Power Systems's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $0.00.

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

APSI's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 5.77
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Aqua Power Systems Net-Net Working Capital Historical Data

The historical data trend for Aqua Power Systems'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.

Aqua Power Systems Net-Net Working Capital Chart

Aqua Power Systems Annual Data
Trend Apr12 Apr13 Mar15 Mar21
Net-Net Working Capital
- - - -0.02

Aqua Power Systems Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 Aqua Power Systems's Net-Net Working Capital

For the Integrated Freight & Logistics subindustry, Aqua Power Systems'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.


Aqua Power Systems's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aqua Power Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Aqua Power Systems Net-Net Working Capital Calculation

Aqua Power Systems's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2021 is calculated as

Net-Net Working Capital(A: Mar. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-1.105
-0.001-0)/59.067
=-0.02

Aqua Power Systems's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.082+0.75 * 0+0.5 * 0-0.075
-0.001-0)/17.2042
=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.


Aqua Power Systems  (OTCPK:APSI) 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.


Aqua Power Systems Net-Net Working Capital Related Terms

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


Aqua Power Systems (Aqua Power Systems) Business Description

Traded in Other Exchanges
N/A
Address
2180 Park Avenue North, Unit 200, Winter Park, FL, USA, 32789
Aqua Power Systems Inc provides efficient and reliable logistics and transportation solutions.

Aqua Power Systems (Aqua Power Systems) Headlines

No Headlines