GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atmofizer Technologies Inc (XCNQ:ATMO) » Definitions » Net-Net Working Capital

Atmofizer Technologies (XCNQ:ATMO) Net-Net Working Capital : C$-0.24 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Atmofizer Technologies 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.

Atmofizer Technologies's Net-Net Working Capital for the quarter that ended in Dec. 2023 was C$-0.24.

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

XCNQ:ATMO's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 6.93
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Atmofizer Technologies Net-Net Working Capital Historical Data

The historical data trend for Atmofizer Technologies'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.

Atmofizer Technologies Net-Net Working Capital Chart

Atmofizer Technologies Annual Data
Trend Sep21 Dec22 Dec23
Net-Net Working Capital
-0.11 -0.23 -0.24

Atmofizer Technologies Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 -0.23 -0.21 -0.27 -0.24

Competitive Comparison of Atmofizer Technologies's Net-Net Working Capital

For the Pollution & Treatment Controls subindustry, Atmofizer Technologies'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.


Atmofizer Technologies's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atmofizer Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Atmofizer Technologies Net-Net Working Capital Calculation

Atmofizer Technologies'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)
=(0.301+0.75 * 0+0.5 * 0-2.34
-0-0)/8.6409
=-0.24

Atmofizer Technologies'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)
=(0.301+0.75 * 0+0.5 * 0-2.34
-0-0)/8.6409
=-0.24

* 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.


Atmofizer Technologies  (XCNQ:ATMO) 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.


Atmofizer Technologies Net-Net Working Capital Related Terms

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


Atmofizer Technologies (XCNQ:ATMO) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Atmofizer Technologies Inc is a clean air and clean water solutions provider that is focused on commercializing its proprietary technology through stand-alone, integrated, and licensed applications across business, consumer, medical and industrial applications. The company's products include wearable, portable, and mobile use for personal air treatment, as well as larger systems to handle higher air volumes for commercial, industrial, institutional, and residential applications.

Atmofizer Technologies (XCNQ:ATMO) Headlines

No Headlines