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AIQ (LSE:AIQ) Net-Net Working Capital : £-0.01 (As of Oct. 2023)


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What is AIQ 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.

AIQ's Net-Net Working Capital for the quarter that ended in Oct. 2023 was £-0.01.

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

LSE:AIQ's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.21
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

AIQ Net-Net Working Capital Historical Data

The historical data trend for AIQ'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.

AIQ Net-Net Working Capital Chart

AIQ Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net-Net Working Capital
Get a 7-Day Free Trial 0.06 0.02 - - -0.01

AIQ Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -0.01

Competitive Comparison of AIQ's Net-Net Working Capital

For the Software - Application subindustry, AIQ'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.


AIQ's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, AIQ's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



AIQ Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.135+0.75 * 0+0.5 * 0-0.657
-0-0)/64.7607
=-0.01

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

Net-Net Working Capital(Q: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.135+0.75 * 0+0.5 * 0-0.657
-0-0)/64.7607
=-0.01

* 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.


AIQ  (LSE:AIQ) 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.


AIQ Net-Net Working Capital Related Terms

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AIQ (LSE:AIQ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.