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Asset Entities (Asset Entities) Net-Net Working Capital : $0.11 (As of Mar. 2024)


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What is Asset Entities 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.

Asset Entities's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $0.11.

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

ASST's Price-to-Net-Net-Working-Capital is ranked better than
55.45% of 303 companies
in the Interactive Media industry
Industry Median: 5.22 vs ASST: 4.56

Asset Entities Net-Net Working Capital Historical Data

The historical data trend for Asset Entities'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.

Asset Entities Net-Net Working Capital Chart

Asset Entities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
- - -0.01 0.20

Asset Entities Quarterly Data
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 0.42 0.35 0.28 0.20 0.11

Competitive Comparison of Asset Entities's Net-Net Working Capital

For the Internet Content & Information subindustry, Asset Entities'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.


Asset Entities's Price-to-Net-Net-Working-Capital Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asset Entities's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Asset Entities Net-Net Working Capital Calculation

Asset Entities'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)
=(2.924+0.75 * 0+0.5 * 0-0.154
-0-0)/14.1744
=0.20

Asset Entities'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)
=(1.87+0.75 * 0+0.5 * 0-0.282
-0-0)/14.4244
=0.11

* 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.


Asset Entities  (NAS:ASST) 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.


Asset Entities Net-Net Working Capital Related Terms

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Asset Entities (Asset Entities) Business Description

Traded in Other Exchanges
N/A
Address
100 Crescent Court, 7th Floor, Dallas, TX, USA, 75201
Asset Entities Inc is a technology company providing social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It also designs, develops, and manages servers for communities on Discord. Its services consist of Discord investment education and entertainment, social media and marketing, and AE.360.DDM services are based on the effective use of Discord as well as other social media including TikTok, Twitter, Instagram, and YouTube.
Executives
Michael Gaubert director, 10 percent owner, officer: Executive Chairman 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
James Sheldon Fairbanks 10 percent owner 3612 SUNSET VIEW DRIVE, FORTUNA CA 95540
Kavous Sarkhani 10 percent owner 13470 BLACK HILLS ROAD, SAN DIEGO CA 92129
Elham Nejad 10 percent owner 13470 BLACK HILLS ROAD, SAN DIEGO CA 92129
Jennifer Joan Fairbanks 10 percent owner 3612 SUNSET VIEW DRIVE, FORTUNA CA 95540
Richard Alfred Burton director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Scott Kelley Mcdonald director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Kd Holdings Group, Llc 10 percent owner 4313 OAK KNOLL DRIVE, PLANO TX 75093
Asset Entities Holdings, Llc 10 percent owner 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Richard Benavides 10 percent owner 5934 WALNUT HILL ROAD, DALLAS TX 75230
Arshia Sarkhani director, 10 percent owner, officer: CEO and President 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Matthew Krueger 10 percent owner, officer: CFO, Treasurer and Secretary 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Kyle Fairbanks director, 10 percent owner, officer: Executive Vice-Chairman 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Arman Sarkhani 10 percent owner, officer: Chief Operating Officer 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Jack John A Ii director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201

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