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Project Energy Reimagined Acquisition (Project Energy Reimagined Acquisition) Net-Net Working Capital : $-1.31 (As of Dec. 2023)


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What is Project Energy Reimagined Acquisition 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.

Project Energy Reimagined Acquisition's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-1.31.

The industry rank for Project Energy Reimagined Acquisition's Net-Net Working Capital or its related term are showing as below:

PEGR's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Project Energy Reimagined Acquisition Net-Net Working Capital Historical Data

The historical data trend for Project Energy Reimagined Acquisition'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.

Project Energy Reimagined Acquisition Net-Net Working Capital Chart

Project Energy Reimagined Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
-0.62 -0.32 -1.31

Project Energy Reimagined Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -0.36 -0.14 -1.42 -1.31

Competitive Comparison of Project Energy Reimagined Acquisition's Net-Net Working Capital

For the Shell Companies subindustry, Project Energy Reimagined Acquisition'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.


Project Energy Reimagined Acquisition's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Project Energy Reimagined Acquisition's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Project Energy Reimagined Acquisition's Price-to-Net-Net-Working-Capital falls into.



Project Energy Reimagined Acquisition Net-Net Working Capital Calculation

Project Energy Reimagined Acquisition'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)
=(0.128+0.75 * 0+0.5 * 0-22.991
-0-0)/17.4738
=-1.31

Project Energy Reimagined Acquisition's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.128+0.75 * 0+0.5 * 0-22.991
-0-0)/17.4738
=-1.31

* 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.


Project Energy Reimagined Acquisition  (NAS:PEGR) 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.


Project Energy Reimagined Acquisition Net-Net Working Capital Related Terms

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Project Energy Reimagined Acquisition (Project Energy Reimagined Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1285 Camino Real, Suite 200, Menlo Park, CA, USA, 94025
Project Energy Reimagined Acquisition Corp is a blank check company.
Executives
Eric A. Spiegel director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Michael G Browning director 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Wenjun Liu officer: Head of Technology Strategy 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Prakash Ramachandran officer: Chief Financial Officer 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Timothy Dummer officer: Head of Business Strategy 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
David E Roberts officer: Chief Operating Officer 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Nina Jensen director 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Srinath Narayanan director, 10 percent owner, officer: Chief Executive Officer 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Smilodon Capital, Llc 10 percent owner 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Admit Capital, Llc 10 percent owner 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Sanjay K. Mehta director, officer: President 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065