SLGD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SLGD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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.
Scott's Liquid Gold's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $0.04.
The industry rank for Scott's Liquid Gold's Net-Net Working Capital or its related term are showing as below:
The historical data trend for Scott's Liquid Gold'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.
Scott's Liquid Gold Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Net-Net Working Capital | Get a 7-Day Free Trial | 0.37 | -0.46 | -0.27 | -0.48 | 0.08 |
Scott's Liquid Gold Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Net-Net Working Capital | Get a 7-Day Free Trial | -0.20 | -0.27 | 0.15 | 0.08 | 0.04 |
For the Household & Personal Products subindustry, Scott's Liquid Gold'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.
For the Consumer Packaged Goods industry and Consumer Defensive sector, Scott's Liquid Gold's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Scott's Liquid Gold's Price-to-Net-Net-Working-Capital falls into.
Scott's Liquid Gold's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as
Net-Net Working Capital | (A: Dec. 2023 ) | ||||||
= | (Cash, Cash Equivalents, Marketable Securities | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (3.677 | + | 0.75 * 0.452 | + | 0.5 * 0.365 | - | 3.102 |
- | 0 | - | 0) | / | 13.0062 | ||
= | 0.08 |
Scott's Liquid Gold's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as
Net-Net Working Capital | (Q: Mar. 2024 ) | ||||||
= | (Cash, Cash Equivalents, Marketable Securities | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (3.027 | + | 0.75 * 0.357 | + | 0.5 * 0.428 | - | 2.934 |
- | 0 | - | 0) | / | 13.006 | ||
= | 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.
Scott's Liquid Gold (OTCPK:SLGD) 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.
Thank you for viewing the detailed overview of Scott's Liquid Gold's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.
John Mcannar | director | 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445 |
Maran Partners Fund, Lp | 10 percent owner | 150 FILLMORE STREET, SUITE 150, DENVER CO 80206 |
Mark E Goldstein | director, 10 percent owner, officer: COB/President/CEO | 4880 HAVANA ST, DENVER CO 80239 |
David M Arndt | officer: Chief Financial Officer | 3184 BARBWIRE WAY, CASTLE ROCK CT 80108 |
Tisha Pedrazzini | director | 15276 W. ELLSWORTH PL, GOLDEN CO 80401 |
R. Rimmy Malhotra | director | C/O COMMAND CENTER, INC., 3609 S WADSWORTH BLVD., SUITE 250, LAKEWOOD CO 80235 |
Maran Capital Management, Llc | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Maran Spv Gp, Llc | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Daniel J Roller | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Maran Partners Gp, Llc | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Maran Spv, Lp | 10 percent owner | 1409 COLUMBINE STREET, DENVER CO 80206 |
Iszo Capital Lp | 10 percent owner | 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
Andrew Summers | director | 601 JEFFERSON STREET, HOUSTON TX 77002 |
Kevin A. Paprzycki | officer: Chief Financial Officer | C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027 |
Brian L. Sheehy | 10 percent owner | 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017 |
From GuruFocus
By Marketwired Marketwired • 07-08-2020
By ACCESSWIRE AccessWire • 04-12-2019
By PRNewswire PRNewswire • 07-07-2020
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.