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Green Globe International (Green Globe International) Net-Net Working Capital : $-6.18 (As of Sep. 2008)


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What is Green Globe International 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.

Green Globe International's Net-Net Working Capital for the quarter that ended in Sep. 2008 was $-6.18.

The industry rank for Green Globe International's Net-Net Working Capital or its related term are showing as below:

GGII's Price-to-Net-Net-Working-Capital is not ranked *
in the Tobacco Products industry.
Industry Median: 29.025
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Green Globe International Net-Net Working Capital Historical Data

The historical data trend for Green Globe International'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.

Green Globe International Net-Net Working Capital Chart

Green Globe International Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Net-Net Working Capital
- - - -137.33 -50.78

Green Globe International Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -39.50 -45.70 -15.78 -16.42 -6.18

Competitive Comparison of Green Globe International's Net-Net Working Capital

For the Tobacco subindustry, Green Globe International'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.


Green Globe International's Price-to-Net-Net-Working-Capital Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Green Globe International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Green Globe International's Price-to-Net-Net-Working-Capital falls into.



Green Globe International Net-Net Working Capital Calculation

Green Globe International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2007 is calculated as

Net-Net Working Capital(A: Dec. 2007 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.001+0.75 * 0+0.5 * 0-0.458
-0-0)/0.009
=-50.78

Green Globe International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2008 is calculated as

Net-Net Working Capital(Q: Sep. 2008 )
=(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 * 0-3.095
-0-0.254)/0.5422
=-6.18

* 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.


Green Globe International  (OTCPK:GGII) 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.


Green Globe International Net-Net Working Capital Related Terms

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Green Globe International (Green Globe International) Business Description

Traded in Other Exchanges
N/A
Address
8700 E Pinnacle Peak Road, Suite 210, Scottsdale, AZ, USA, 85255
Green Globe International Inc is a Hemp manufacturing company. It is engaged in the manufacturing and sales of CBD Hemp cigarettes. The company generates revenue from two streams- manufacturing and commercial product supply and white label development services.
Executives
David E Jenkins director, 10 percent owner, officer: President 406 NORTH HERMOSA DRIVE, PALM SPRINGS CA 92262