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Cannabis Global (Cannabis Global) Net-Net Working Capital : $-0.02 (As of May. 2022)


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What is Cannabis Global 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.

Cannabis Global's Net-Net Working Capital for the quarter that ended in May. 2022 was $-0.02.

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

CBGL's Price-to-Net-Net-Working-Capital is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.74
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Cannabis Global Net-Net Working Capital Historical Data

The historical data trend for Cannabis Global'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.

Cannabis Global Net-Net Working Capital Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.01 - -0.14 -0.16

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -0.15 -0.16 -0.05 -0.02 -0.02

Competitive Comparison of Cannabis Global's Net-Net Working Capital

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Global'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.


Cannabis Global's Price-to-Net-Net-Working-Capital Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Global's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Cannabis Global Net-Net Working Capital Calculation

Cannabis Global's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2021 is calculated as

Net-Net Working Capital(A: Aug. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.031+0.75 * 0.113+0.5 * 0.189-9.983
-0.001-3.568)/84.94
=-0.16

Cannabis Global's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2022 is calculated as

Net-Net Working Capital(Q: May. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.253+0.75 * 0.405+0.5 * 0.198-7.287
-0.001-4.408)/553.143
=-0.02

* 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.


Cannabis Global  (OTCPK:CBGL) 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.


Cannabis Global Net-Net Working Capital Related Terms

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Cannabis Global (Cannabis Global) Business Description

Traded in Other Exchanges
N/A
Address
520 S. Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program primarily focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.
Executives
Jim L. Riley director C/O CANNABIS GLOBAL INC., 520 S GRAND AVENUE, SUITE 320, LOS ANGELES CA 90071
Ghs Investments, Llc 10 percent owner 0830 SOUTH EASTERN AVENUE, #124-376, LAS VEGAS NV 89123
Hymers Iii R. Leslie director, 10 percent owner 520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071
Arman Tabatabaei director, officer: CEO, CFO 520 SOUTH GRAND AVENUE, SUITE 320, LOS ANGELES CA 90071
Lauderdale Holdings, Llc director, 10 percent owner, officer: CEO/President/CFO 1919 NW 19 STREET, FT LAUDERDALE FL 33311
Harmel S Rayat 10 percent owner 700 - 688 WEST HASTINGS STREET, VANCOUVER A1 V6B 1P1
David A Gamache director, officer: SECRETARY/TREASURER/CFO 3905 NATIONAL DRIVE, SUITE 110, BURTONSVILLE MD 20866
Meetesh V Patel director, officer: PRESIDENT/CEO 8775 CENTRE PARK DRIVE, # 210, COLUMBIA MD 21045
Pattiann Hiranandani director 3905 NATIONAL DRIVE, BURTONSVILLE MD 20866

Cannabis Global (Cannabis Global) Headlines