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Ultrack Systems (Ultrack Systems) Net-Net Working Capital : $0.00 (As of . 20)


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What is Ultrack Systems 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.

Ultrack Systems's Net-Net Working Capital for the quarter that ended in . 20 was $0.00.

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

MJLB's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.86
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Ultrack Systems Net-Net Working Capital Historical Data

The historical data trend for Ultrack Systems'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.

Ultrack Systems Net-Net Working Capital Chart

Ultrack Systems Annual Data
Trend
Net-Net Working Capital

Ultrack Systems Quarterly Data
Net-Net Working Capital

Competitive Comparison of Ultrack Systems's Net-Net Working Capital

For the Scientific & Technical Instruments subindustry, Ultrack Systems'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.


Ultrack Systems's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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



Ultrack Systems Net-Net Working Capital Calculation

Ultrack Systems's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Ultrack Systems's Net-Net Working Capital (NNWC) per share for the quarter that ended in . 20 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.


Ultrack Systems  (OTCPK:MJLB) 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.


Ultrack Systems Net-Net Working Capital Related Terms

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Ultrack Systems (Ultrack Systems) Business Description

Traded in Other Exchanges
N/A
Address
11 Buttermill Avenue, Concord, ON, CAN, L4K 3X1
Ultrack Systems Inc helps its clients locate, track, and manage their assets using wireless and GPS-based technologies. It provides an accurate and affordable means of tracking moving assets. Its compact trackers and easy-to-use tracking software allow the monitor or track any asset virtually anywhere in the world. This kind of application results in improved security, productivity, and customer service. Each vehicle outfitted with a unit can be seen from a virtual map platform and managing a fleet of vehicles becomes easy, efficient, and effortless. This tool is useful in determining the quality of the driver behind the wheel and who is an asset or a liability to the company.

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