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PlasCred Circular Innovations (PlasCred Circular Innovations) Net-Net Working Capital : $-0.03 (As of Jun. 2023)


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What is PlasCred Circular Innovations 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.

PlasCred Circular Innovations's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $-0.03.

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

MGPRF's Price-to-Net-Net-Working-Capital is not ranked *
in the Waste Management industry.
Industry Median: 9.49
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PlasCred Circular Innovations Net-Net Working Capital Historical Data

The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations Net-Net Working Capital Chart

PlasCred Circular Innovations Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
- -0.01

PlasCred Circular Innovations Quarterly Data
Jun22 Mar23 Jun23 Dec23
Net-Net Working Capital - -0.02 -0.03 -0.01

Competitive Comparison of PlasCred Circular Innovations's Net-Net Working Capital

For the Waste Management subindustry, PlasCred Circular Innovations'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.


PlasCred Circular Innovations's Price-to-Net-Net-Working-Capital Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



PlasCred Circular Innovations Net-Net Working Capital Calculation

PlasCred Circular Innovations'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)
=(0.402+0.75 * 0+0.5 * 0-0.985
-0-0)/62.3966
=-0.01

PlasCred Circular Innovations's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.099+0.75 * 0+0.5 * 0-1.794
-0-0)/61.9966
=-0.03

* 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.


PlasCred Circular Innovations  (OTCPK:MGPRF) 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.


PlasCred Circular Innovations Net-Net Working Capital Related Terms

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PlasCred Circular Innovations (PlasCred Circular Innovations) Business Description

Traded in Other Exchanges
Address
810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

PlasCred Circular Innovations (PlasCred Circular Innovations) Headlines

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