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Jacksam (Jacksam) Net-Net Working Capital : $-0.06 (As of Mar. 2024)


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What is Jacksam 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.

Jacksam's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-0.06.

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

JKSM's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 6.99
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jacksam Net-Net Working Capital Historical Data

The historical data trend for Jacksam'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.

Jacksam Net-Net Working Capital Chart

Jacksam Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.09 -0.06 -0.07 -0.07

Jacksam 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 -0.07 -0.09 -0.07 -0.07 -0.06

Competitive Comparison of Jacksam's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Jacksam'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.


Jacksam's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jacksam's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Jacksam Net-Net Working Capital Calculation

Jacksam'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)
=(0.146+0.75 * 0.01+0.5 * 0-5.26
-0.285-0)/81.0887
=-0.07

Jacksam'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)
=(0.104+0.75 * 0.018+0.5 * 0-5.766
-0.288-0)/94.6633
=-0.06

* 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.


Jacksam  (OTCPK:JKSM) 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.


Jacksam Net-Net Working Capital Related Terms

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


Jacksam (Jacksam) Business Description

Traded in Other Exchanges
N/A
Address
3100 Airway Avenue, Suite 138, Costa Mesa, CA, USA, 92626
Jacksam Corp is a technology company focused on developing and commercializing products utilizing a proprietary technology platform. The company services the medical cannabis, hemp and CBD segments of the larger e-cigarette and vaporizer markets with oil vaporizer focused products. It offers capping, vaporizer cartridge filling, and automation systems. The company's product line consists of the 710 Shark cartridge filling machine, the 710 Captain cartridge capping machine, the PreRoll-ER automated pre-roll & cone filling machine, and cartridges. The Company derives revenues from the sale of machines and non-machine products.
Executives
Daniel Lee Davis 10 percent owner 31 ARBOR WALK LN, RANCHO SANTA MARGARITA CA 92688
Theodore Winston director 394 HAMMOND STREET, CHESTNUT HILL MA 02467
Hagen Donald Robert Jr director 15 CORN FLOWER ST, COTO DE CAZA CA 92679
Scott Wessler director 5 BOARDWALK, NEWPORT BEACH CA 92660
Michael Sakala officer: CFO & Secretary 21662 OCEAN VISTA DR, APT C, LAGUNA BEACH CA 92651
Mark Adams director, officer: CEO 4440 VON KARMAN AVENUE, SUITE 220, NEWPORT BEACH CA 92660
Yanhong Deng director ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Xiangyang Liu director ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Beijing Hua Hui Hengye Investement Ltd. 10 percent owner PINE VALLEY CENTER, 11TH FLOOR, 8 JIANGGUO MEN OUTER STREET, BEIJING J0 100022
Redrock Capital Venture Ltd. 10 percent owner ORIENTAL PLAZA BLDG W3 12TH FL, EAST CHANG'AN AVE DONGCHENG DISTRICT, BEIJING F4 100738
Carla Zhou officer: Chief Financial Officer ORIENTAL PLAZA, 1 EAST CHANG'AN AVE,, DONGCHENGDISTRICT, BEIJING F4 100738
Zengjie Chen 10 percent owner NO. 16 ROOM 402, E MEI ROAD 366, HONGKOU DISTRICT, SHANGHAI F4 00000
Union Max Enterprises Ltd 10 percent owner 16F A BUSINESS OFFICE E. AREA OF CENTURY, GOLDEN RESOURCES HOTEL NO. 69 BANJING RD, HAIDIAN DISTRICT, BE F4 100097
Her Village Ltd 10 percent owner 8/F, CRAWFORD TOWER, 99 JERVOIS STREET SHEUNG WAN, HONG KONG K3 100738
Professional Offshore Opportunity Fund, Ltd. 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 206, WESTBURY NY 11590

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