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LifeQuest World (LifeQuest World) Net-Net Working Capital : $-10.16 (As of May. 2009)


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What is LifeQuest World 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.

LifeQuest World's Net-Net Working Capital for the quarter that ended in May. 2009 was $-10.16.

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

LQWC's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

LifeQuest World Net-Net Working Capital Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Net-Net Working Capital Chart

LifeQuest World Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -304.03 -48.45 -12.46 -7.03 -10.16

LifeQuest World Semi-Annual Data
May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -304.03 -48.45 -12.46 -7.03 -10.16

Competitive Comparison of LifeQuest World's Net-Net Working Capital

For the Pollution & Treatment Controls subindustry, LifeQuest World'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.


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

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

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



LifeQuest World Net-Net Working Capital Calculation

LifeQuest World's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2009 is calculated as

Net-Net Working Capital(A: May. 2009 )
=(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 * 0.024+0.5 * 0.256-2.629
-0.01-0)/0.24531
=-10.16

LifeQuest World's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2009 is calculated as

Net-Net Working Capital(Q: May. 2009 )
=(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 * 0.024+0.5 * 0.256-2.629
-0.01-0)/0.24531
=-10.16

* 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.


LifeQuest World  (OTCPK:LQWC) 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.


LifeQuest World Net-Net Working Capital Related Terms

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LifeQuest World (LifeQuest World) Business Description

Traded in Other Exchanges
N/A
Address
100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660
LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.
Executives
Anthony Carl Jurak director, 10 percent owner, officer: CEO 297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault director, officer: President 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes officer: V.P. of Operations/Asst. Secy. 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119

LifeQuest World (LifeQuest World) Headlines

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