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Reflect Scientific (Reflect Scientific) Net-Net Working Capital : $0.01 (As of Mar. 2024)


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What is Reflect Scientific 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.

Reflect Scientific's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $0.01.

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

RSCF's Price-to-Net-Net-Working-Capital is ranked better than
57.05% of 454 companies
in the Medical Devices & Instruments industry
Industry Median: 6.48 vs RSCF: 5.34

Reflect Scientific Net-Net Working Capital Historical Data

The historical data trend for Reflect Scientific'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.

Reflect Scientific Net-Net Working Capital Chart

Reflect Scientific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.02 0.02 0.01

Reflect Scientific Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.01 0.01 0.01

Competitive Comparison of Reflect Scientific's Net-Net Working Capital

For the Medical Instruments & Supplies subindustry, Reflect Scientific'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.


Reflect Scientific's Price-to-Net-Net-Working-Capital Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Reflect Scientific's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Reflect Scientific Net-Net Working Capital Calculation

Reflect Scientific'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)
=(1.278+0.75 * 0.108+0.5 * 0.972-0.776
-0-0)/85.6641
=0.01

Reflect Scientific's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.009+0.75 * 0.335+0.5 * 0.951-0.816
-0-0)/85.6641
=0.01

* 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.


Reflect Scientific  (OTCPK:RSCF) 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.


Reflect Scientific Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Reflect Scientific's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Reflect Scientific (Reflect Scientific) Business Description

Traded in Other Exchanges
N/A
Address
1266 South 1380 West, Orem, UT, USA, 84058
Reflect Scientific Inc is engaged in the manufacture and distribution of products targeted at the life science market. The company serves a varies array of customers including hospitals and diagnostic laboratories, pharmaceutical and biotech companies, universities, government and private sector research facilities, and chemical and industrial companies. The products of the company are Cryometrix Freezers which provides energy savings and other critically important benefits to cryo-storage customers in the Life Science related industries, and detectors that serve the analytical instrumentation sector of the Life Sciences market. The company sells its products in the biotechnology, pharmaceutical, and medical industries.
Executives
Kim Boyce director, 10 percent owner, officer: President 1266 SOUTH 1380 WEST, OREM UT 84058
Keith L Merrell officer: CFO 1240 MUELLER PARK ROAD, BOUNTIFUL UT 84010
William G Moon director 1266 SOUTH 1380 WEST, OREM UT 84058
David Scott Strate officer: CFO 1270 S 1380 W, OREM UT 84058
Kevin Cooksy officer: Secretary Treasurer 3161 GRANADA DRIVE, CAMERON PARK CA 95682
Craig Morrison director 975 NORTH TERRACE DRIVE, PROVO UT 84604
Thomas A Tait director, officer: Vice President 514 AMERICAS WAY #5556, BOX ELDER SD 57719

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