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Earth Science Tech (Earth Science Tech) Net-Net Working Capital : $0.00 (As of Dec. 2023)


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What is Earth Science 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.

Earth Science Tech's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $0.00.

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

ETST's Price-to-Net-Net-Working-Capital is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.74
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Earth Science Tech Net-Net Working Capital Historical Data

The historical data trend for Earth Science 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.

Earth Science Tech Net-Net Working Capital Chart

Earth Science Tech Annual Data
Trend Mar13 Mar14 Mar15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 -0.10 -0.03 -0.01

Earth Science Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -

Competitive Comparison of Earth Science Tech's Net-Net Working Capital

For the Drug Manufacturers - Specialty & Generic subindustry, Earth Science 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.


Earth Science Tech's Price-to-Net-Net-Working-Capital Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Earth Science Tech's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Earth Science Tech Net-Net Working Capital Calculation

Earth Science Tech's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.036+0.75 * 0+0.5 * 0.01-1.608
-0.001-0)/282.611
=-0.01

Earth Science Tech's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.206+0.75 * 0.113+0.5 * 0.395-1.086
-0.001-0)/314.851
=-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.


Earth Science Tech  (OTCPK:ETST) 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.


Earth Science Tech Net-Net Working Capital Related Terms

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Earth Science Tech (Earth Science Tech) Business Description

Traded in Other Exchanges
N/A
Address
8950 SW 74th CT, Suite 101, Miami, FL, USA, 33156
Earth Science Tech Inc is a diversified holding company. Currently, the company is focused on emerging prospects in the health and wellness industry.
Executives
Giorgio R. Saumat director 449 ESPLANADE DR, MIAMI SPRINGS FL 33166
Majorca Group, Ltd. 10 percent owner 1621 CENTRAL AVE, CHEYENNE WY 90501
David Barbash officer: Chief Sales Officer 109 SWIFT CREEK CROSSING, DURHAM NC 27713
Nickolas Salomon Tabraue director, officer: President & Chairman 4100 SALZEDO STREET, UNIT 420, CORAL GABLES FL 33146
Wendell Hecker officer: CFO 2606 NW 104 TH AVE #410, SUNRISE FL 33322
Gregg Gagan Hunter director, officer: COO & Director 774 86TH STREET, MIAMI FL 33138
Michel Aube officer: CEO & CSO 8837,RUE DE CHAMP D'EAU, MONTR?AL A8 HIP 3A6
Matthew Cohen officer: CEO & CFO 1702 COSTA DEL SOL, BOCA RATON FL 33432
Thomas H Wright director, officer: Chief Operating Officer 1600 SOUTH DIXIE HWY., SUITE 300, BOCA RATON FL 33432
Harvey Katz officer: CEO 2255 GLADES ROAD, #324A, BOCA RATON FL 33431
Issa El-cheikh director, officer: President 40 EAST MAIN STREET #998, NEWARK DE 19711
Great Lakes Holdings Group, Llc 10 percent owner 3825 HUNTINGTON AVENUE, WINDSOR A6 N9E3N4

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