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Mills Music Trust (Mills Music Trust) Net-Net Working Capital : $0.00 (As of Dec. 2021)


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What is Mills Music Trust 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.

Mills Music Trust's Net-Net Working Capital for the quarter that ended in Dec. 2021 was $0.00.

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

MMTRS's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 6.34
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mills Music Trust Net-Net Working Capital Historical Data

The historical data trend for Mills Music Trust'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.

Mills Music Trust Net-Net Working Capital Chart

Mills Music Trust Annual Data
Trend Dec20 Dec21
Net-Net Working Capital
- -

Mills Music Trust Semi-Annual Data
Dec20 Dec21
Net-Net Working Capital - -

Competitive Comparison of Mills Music Trust's Net-Net Working Capital

For the Specialty Business Services subindustry, Mills Music Trust'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.


Mills Music Trust's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Music Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Mills Music Trust Net-Net Working Capital Calculation

Mills Music Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Mills Music Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2021 is calculated as

* 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.


Mills Music Trust  (OTCPK:MMTRS) 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.


Mills Music Trust Net-Net Working Capital Related Terms

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Mills Music Trust (Mills Music Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o HSBC BANK USA, N.A., 452 Fifth Avenue, Corporate Trust, Issuer Services, New York, NY, USA, 10018
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue.

Mills Music Trust (Mills Music Trust) Headlines

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