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Andrada Mining (LSE:ATM) Net-Net Working Capital : £0.00 (As of Aug. 2023)


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What is Andrada Mining 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.

Andrada Mining's Net-Net Working Capital for the quarter that ended in Aug. 2023 was £0.00.

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

LSE:ATM's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.8
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Andrada Mining Net-Net Working Capital Historical Data

The historical data trend for Andrada Mining'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.

Andrada Mining Net-Net Working Capital Chart

Andrada Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net-Net Working Capital
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Andrada Mining Semi-Annual Data
Feb15 Feb16 Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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Competitive Comparison of Andrada Mining's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Andrada Mining'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.


Andrada Mining's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Andrada Mining's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Andrada Mining Net-Net Working Capital Calculation

Andrada Mining's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2023 is calculated as

Net-Net Working Capital(A: Feb. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.206+0.75 * 0.154+0.5 * 2.667-11.799
-0--0.147)/1537.86
=-0.00

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

Net-Net Working Capital(Q: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.687+0.75 * 0.738+0.5 * 3.172-15.14
-0--0.154)/1538.96
=-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.


Andrada Mining  (LSE:ATM) 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.


Andrada Mining Net-Net Working Capital Related Terms

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Andrada Mining (LSE:ATM) Business Description

Traded in Other Exchanges
Address
Oak House, Hirzel Street, P.O. Box 282, Saint Peter Port, GGY, GY1 3RH
Andrada Mining Ltd is a Guernsey-based mining company. The company's geographical segments include South Africa and Namibia. The company's project consists of the Uis Tin project and Mokopane Tin project. It derives a majority of its revenue from the Namibia region. The company's asset includes Lithium Ridge (Nai-Nais), Spodumene Hill, Brandberg West.

Andrada Mining (LSE:ATM) Headlines

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