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Tattooed Chef (Tattooed Chef) Net-Net Working Capital : $-0.81 (As of Mar. 2023)


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What is Tattooed Chef 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.

Tattooed Chef's Net-Net Working Capital for the quarter that ended in Mar. 2023 was $-0.81.

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

TTCFQ's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.48
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Tattooed Chef Net-Net Working Capital Historical Data

The historical data trend for Tattooed Chef'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.

Tattooed Chef Net-Net Working Capital Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
-0.21 1.78 1.09 -0.72

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.73 0.21 -0.39 -0.72 -0.81

Competitive Comparison of Tattooed Chef's Net-Net Working Capital

For the Packaged Foods subindustry, Tattooed Chef'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.


Tattooed Chef's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tattooed Chef's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Tattooed Chef Net-Net Working Capital Calculation

Tattooed Chef's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.782+0.75 * 20.976+0.5 * 77.957-120.166
-0-0.259)/83.6584
=-0.72

Tattooed Chef's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.509+0.75 * 25.128+0.5 * 59.359-119.695
-0-0.376)/83.6584
=-0.81

* 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.


Tattooed Chef  (OTCPK:TTCFQ) 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.


Tattooed Chef Net-Net Working Capital Related Terms

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Tattooed Chef (Tattooed Chef) Business Description

Traded in Other Exchanges
N/A
Address
6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of innovative frozen foods. The company supplies plant-based products to leading retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
Executives
Gasper Guarrasi officer: Chief Operating Officer 235 POINSETTIA AVE., CORONA DEL MAR CA 92625
Daniel James Williamson director 1 RICKIE LANE, LADERA RANCH CA 92694
Salvatore Galletti director, officer: Chief Executive Officer 27996 PALOS VERDES DR E, RANCHO PALOS VERDES CA 90275
Stephanie Dieckmann officer: Chief Operating Officer 1002 S AMBRIDGE ST, ANAHEIM CA 92806
Charles Franks Cargile officer: Chief Financial Officer 29 HILLGRASS, IRVINE CA 92603
Thomas Matthew Williams officer: Chief Growth Officer 527 21ST STREET, HUNTINGTON BEACH CA 92648
Bryan Stephen Rosenberg director 2443 MYRTLE AVENUE, HERMOSA BEACH CA 90254
Ryan Matthew Olohan director 27 SYLVAN DRIVE, PINE BROOK NJ 07058
Paula Ciaramitaro director 2408 RUE LA CHARLENE, RANCHO PALOS VERDES CA 90275
Marie Quintero-johnson director 3130 FERNCLIFF COMMONS, NE ATLANTA GA 30324
Jennifer Sims Fellner director 3790 HAPPY VALLEY ROAD, LAFAYETTE CA 94549
Edward S Gelfand director 6305 ALONDRA BLVD, PARAMOUNT CA 90723
Giuseppe Bardari officer: President, Ittella Italy VIA PRANGI LOTTO COLACE, PIZZO L6 89812
Sarah Galletti officer: Director of R&D 27996 PALOS VERDES DR E, RANCHO PALOS VERDES CA 90275
Steven Berns director TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036

Tattooed Chef (Tattooed Chef) Headlines

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