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Greenchek Technology (Greenchek Technology) Net-Net Working Capital : $-0.04 (As of Nov. 2010)


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What is Greenchek Technology 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.

Greenchek Technology's Net-Net Working Capital for the quarter that ended in Nov. 2010 was $-0.04.

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

GCHK's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7.035
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Greenchek Technology Net-Net Working Capital Historical Data

The historical data trend for Greenchek Technology'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.

Greenchek Technology Net-Net Working Capital Chart

Greenchek Technology Annual Data
Trend Feb07 Feb08 Feb09 Feb10
Net-Net Working Capital
- - -0.05 -0.06

Greenchek Technology Quarterly Data
May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10
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 -0.12 -0.06 -0.05 -0.04 -0.04

Competitive Comparison of Greenchek Technology's Net-Net Working Capital

For the Pollution & Treatment Controls subindustry, Greenchek Technology'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.


Greenchek Technology's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

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

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



Greenchek Technology Net-Net Working Capital Calculation

Greenchek Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2010 is calculated as

Net-Net Working Capital(A: Feb. 2010 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.002+0.75 * 0+0.5 * 0.052-3.068
-0-0)/53.6313
=-0.06

Greenchek Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2010 is calculated as

Net-Net Working Capital(Q: Nov. 2010 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0.038-3.142
-0.1-0)/82.563
=-0.04

* 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.


Greenchek Technology  (OTCPK:GCHK) 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.


Greenchek Technology Net-Net Working Capital Related Terms

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Greenchek Technology (Greenchek Technology) Business Description

Traded in Other Exchanges
N/A
Address
7901 4th St. N, Suite 6394, Saint Petersburg, FL, USA, 33702
Greenchek Technology Inc is engaged in manufacturing, marketing, and distributing of products designed to reduce gas emissions by motor vehicles through the use of hydrogen technology. The company's product ERD provides Emission Reduction and Fuel enhancement Technology. It serves Heavy Goods Vehicles; Locomotives; Buses; Automobiles and Generators markets. The company's segment includes Hydrogen energy for emission reduction and Hydrogen energy based Cryptocurrency self mining.

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