Halo Technologies Holdings (ASX:HAL) Net-Net Working Capital : A$-3.39 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Halo Technologies Holdings 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.

Halo Technologies Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2023 was A$-3.39.

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

ASX:HAL's Price-to-Net-Net-Working-Capital is not ranked ^*
in the Software industry.
Industry Median: 7.38
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Halo Technologies Holdings Net-Net Working Capital Historical Data

The historical data trend for Halo Technologies Holdings'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.

Halo Technologies Holdings Net-Net Working Capital Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Net-Net Working Capital

-1.77

-1.40

-3.39

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Net-Net Working Capital	-1.38	-1.40	-1.68	-3.39

Competitive Comparison of Halo Technologies Holdings's Net-Net Working Capital

For the Software - Application subindustry, Halo Technologies Holdings'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.

Halo Technologies Holdings's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Halo Technologies Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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

Halo Technologies Holdings Net-Net Working Capital Calculation

Halo Technologies Holdings'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)
=	(8.536	+	0.75 * 0.132	+	0.5 * 0	-	448.262
-	0	-	0)	/	129.495
=	-3.39

Halo Technologies Holdings'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)
=	(8.536	+	0.75 * 0.132	+	0.5 * 0	-	448.262
-	0	-	0)	/	129.495
=	-3.39

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.

Halo Technologies Holdings (ASX:HAL) 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.

Halo Technologies Holdings Net-Net Working Capital Related Terms

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

Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » Net-Net Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.