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Altra Industrial Motion (Altra Industrial Motion) Net-Net Working Capital : $-17.07 (As of Dec. 2022)


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What is Altra Industrial Motion 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.

Altra Industrial Motion's Net-Net Working Capital for the quarter that ended in Dec. 2022 was $-17.07.

The industry rank for Altra Industrial Motion's Net-Net Working Capital or its related term are showing as below:

AIMC's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 6.94
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Altra Industrial Motion Net-Net Working Capital Historical Data

The historical data trend for Altra Industrial Motion'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.

Altra Industrial Motion Net-Net Working Capital Chart

Altra Industrial Motion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.31 -29.59 -25.84 -24.60 -17.07

Altra Industrial Motion Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -24.60 -24.25 -18.37 -17.92 -17.07

Competitive Comparison of Altra Industrial Motion's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Altra Industrial Motion'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.


Altra Industrial Motion's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

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

* The bar in red indicates where Altra Industrial Motion's Price-to-Net-Net-Working-Capital falls into.



Altra Industrial Motion Net-Net Working Capital Calculation

Altra Industrial Motion'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)
=(208.9+0.75 * 244.6+0.5 * 338.9-1674.2
-0-0)/65.1738
=-17.07

Altra Industrial Motion's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2022 is calculated as

Net-Net Working Capital(Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(208.9+0.75 * 244.6+0.5 * 338.9-1674.2
-0-0)/65.1738
=-17.07

* 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.


Altra Industrial Motion  (NAS:AIMC) 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.


Altra Industrial Motion Net-Net Working Capital Related Terms

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Altra Industrial Motion (Altra Industrial Motion) Business Description

Traded in Other Exchanges
N/A
Address
300 Granite Street, Suite 201, Braintree, MA, USA, 02184
Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and sells a wide range of electromechanical power transmission motion control. The company operates through two business segments based on product types and end markets served: the power transmission technologies segment and the automation and specialty segment. The company's product portfolio consists of products such as clutches, brakes, gears, and motion controllers and braking systems, which are used in heavy industrial applications, energy markets, medical, packaging, automation, robotic, and other industries. The company earns majority of its revenue in North America ( primarily the United States).
Executives
La Vonda Williams director 201 MONTGOMERY STREET, #751, JERSEY CITY NJ 07302
Haughey Nicole Parent director UNITED TECHNOLOGIES CORPORATION, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Margot Hoffman director 6368 CHAMPIONS DRIVE, WESTERVILLE OH 43082
Thomas W Swidarski director 5995 MAYFAIR RD, P O BOX 3077, NORTH CANTON OH 44720
Todd Patriacca officer: EVP, CFO and Treasurer C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Glenn E. Deegan officer: Chief Legal and HR Officer C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
J Scott Hall director 1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328
Christian Storch officer: Chief Financial Officer C/O ALTRA INDUSTRIAL MOTION, 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
Woodward James H Jr director 7140 OFFICE CIRCLE, EVANSVILLE IN 47716
Craig Schuele officer: VP Mktg&Bus Dev (see Remarks) C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Carl R Christenson officer: President and COO C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Lyle G. Ganske director C/O ALTRA INDUSTRIAL MOTION, INC., 300 GRANITE STREET SUITE 201, BRAINTREE MA 02184
Larry Mcpherson director C/O MEDICAL STAFFING NETWORK HOLDINGS, 901 YAMATO ROAD, SUITE 110, BOCA RATON FL 33431
Lipscomb S Michael director SIFCO INDUSTRIES, INC., 970 EAST 64TH STREET, CLEVELAND OH 44103
Patrick K Murphy director C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203