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Core Nickel (Core Nickel) Net-Net Working Capital : $0.00 (As of Apr. 2023)


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What is Core Nickel 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.

Core Nickel's Net-Net Working Capital for the quarter that ended in Apr. 2023 was $0.00.

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

CNCOF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Core Nickel Net-Net Working Capital Historical Data

The historical data trend for Core Nickel'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.

Core Nickel Net-Net Working Capital Chart

Core Nickel Annual Data
Trend Apr23
Net-Net Working Capital
-

Core Nickel Semi-Annual Data
Apr23
Net-Net Working Capital -

Competitive Comparison of Core Nickel's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Core Nickel'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.


Core Nickel's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Core Nickel's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Core Nickel Net-Net Working Capital Calculation

Core Nickel's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Apr. 2023 is calculated as

Core Nickel's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2023 is calculated as

* 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.


Core Nickel  (OTCPK:CNCOF) 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.


Core Nickel Net-Net Working Capital Related Terms

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Core Nickel (Core Nickel) Business Description

Comparable Companies
Traded in Other Exchanges
Address
75 - 24th Street East, Unit 204, Saskatoon, SK, CAN, S7K0K3
Core Nickel Corp is engaged in developing the Nickel Properties, It operates five nickel properties: Halfway Lake, Resting Lake, Hunter, Odei River, and Mel properties all in the Thompson nickel belt of northern Manitoba.

Core Nickel (Core Nickel) Headlines

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