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Live Current Media (Live Current Media) Net-Net Working Capital : $-0.02 (As of Dec. 2022)


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What is Live Current Media 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.

Live Current Media's Net-Net Working Capital for the quarter that ended in Dec. 2022 was $-0.02.

The industry rank for Live Current Media's Net-Net Working Capital or its related term are showing as below:

LIVC's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.845
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Live Current Media Net-Net Working Capital Historical Data

The historical data trend for Live Current Media'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.

Live Current Media Net-Net Working Capital Chart

Live Current Media Annual Data
Trend Dec07 Dec08 Dec09 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 - -0.23 -0.02

Live Current Media Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.23 0.02 -0.01 -0.02 -0.02

Competitive Comparison of Live Current Media's Net-Net Working Capital

For the Entertainment subindustry, Live Current Media'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.


Live Current Media's Price-to-Net-Net-Working-Capital Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Current Media's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Live Current Media's Price-to-Net-Net-Working-Capital falls into.



Live Current Media Net-Net Working Capital Calculation

Live Current Media's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.17+0.75 * 0.113+0.5 * 0-3.135
-0-0)/160.559
=-0.02

Live Current Media's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2022 is calculated as

Net-Net Working Capital(Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.17+0.75 * 0.113+0.5 * 0-3.135
-0-0)/160.559
=-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.


Live Current Media  (OTCPK:LIVC) 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.


Live Current Media Net-Net Working Capital Related Terms

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Live Current Media (Live Current Media) Business Description

Traded in Other Exchanges
N/A
Address
10801 Thornmint Road, Suite 200, San Diego, CA, USA, 92127
Live Current Media Inc acquires and integrates technologies that automate key processes in content and community creation, bringing together innovative businesses and technologies to provide an end-to-end resource for the hundreds of millions of creators who don't have a significant presence in the creator economy. The Live Current platform offers a range of growing creative tools and community-building technologies that include video community creation, AR/VR discovery, social media amplification, personal and business brand management and sponsorship, and alternative revenue creation for the global creative community in addition to providing community and experiential solutions for businesses seeking to become more creative in the way reach their current customers.
Executives
Leslie Klinger director 1966 NEWELL ROAD, MALIBU CA 90265
Heidi L Steiger director
Smith Steve Paul Jr director 2988 WORDEN STREET, SAN DIEGO CA 92110
Justin Andrew Weissberg director, 10 percent owner 23 ALLBROOK CT, LADERA RANCH, CA 92694
Seraph Living Trust director, 10 percent owner 23 ALLBROOK CT, LADERA RANCH, CA 92694
Ollila Elina Maria Inkeri 10 percent owner 17181 BOTERO DR, SAN DIEGO CA 92127
Annamaria Rapakko director 1269 PINE AVE, SAN JOSE CA 95125
Ollila Family Trust Dated June 18, 2018 10 percent owner 17181 BOTERO DR, SAN DIEGO CA 92127
Mark Ollila director, 10 percent owner, officer: CEO 17181 BOTERO DR, SAN DIEGO CA 92127
Amir Vahabzadeh director 1825 WEST KING EDWARD AVE, VANCOUVER A1 V6J 2W3
David Jeffs director, officer: CEO, Secretary, Treasurer 600 - 1100 MELVILLE STREET, VANCOUVER A1 V6E 4A6
Joao Dacosta director #810 - 789 WEST PENDER STREET, VANCOUVER A1 V6C 1H2
Carl Harold Jackson director 22 CLINTON AVENUE, WESTPORT CT 06880
Susan Jeffs director 4 MONTPELIER STREET, SUITE 521, LONDON X0 SW7 1EE
Paul William Morrisson officer: President and COO 780 BEATTY STREET, VANCOUVER A1 BC V6B 2M2