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TransGlobal Assets (TransGlobal Assets) Net-Net Working Capital : $-0.02 (As of Dec. 2011)


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What is TransGlobal Assets 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.

TransGlobal Assets's Net-Net Working Capital for the quarter that ended in Dec. 2011 was $-0.02.

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

TMSH's Price-to-Net-Net-Working-Capital is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.02
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

TransGlobal Assets Net-Net Working Capital Historical Data

The historical data trend for TransGlobal Assets'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.

TransGlobal Assets Net-Net Working Capital Chart

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Net-Net Working Capital
-0.02 -0.03 -0.03 -0.02 -0.02

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Net-Net Working Capital -0.02 -0.03 -0.03 -0.02 -0.02

Competitive Comparison of TransGlobal Assets's Net-Net Working Capital

For the Drug Manufacturers - Specialty & Generic subindustry, TransGlobal Assets'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.


TransGlobal Assets's Price-to-Net-Net-Working-Capital Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TransGlobal Assets's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



TransGlobal Assets Net-Net Working Capital Calculation

TransGlobal Assets's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2011 is calculated as

Net-Net Working Capital(A: Dec. 2011 )
=(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 * 0-1.896
-0-0)/102.587
=-0.02

TransGlobal Assets's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2011 is calculated as

Net-Net Working Capital(Q: Dec. 2011 )
=(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 * 0-1.896
-0-0)/102.587
=-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.


TransGlobal Assets  (OTCPK:TMSH) 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.


TransGlobal Assets Net-Net Working Capital Related Terms

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TransGlobal Assets (TransGlobal Assets) Business Description

Traded in Other Exchanges
N/A
Address
810 Pony Express Road, Cheyenne, WY, USA, 82009
TransGlobal Assets Inc provides customers with a wide range of high-quality CBD & THC products from its organically grown Clones, Teens and Mothers. Its self-sustaining Hemp Ranch will be vertically integrated from acres allocated, to outdoor cultivation and indoor greenhouses, to warehouses for processing farm-grown hemp into textiles, hempcrete & plastics and processing all-natural products.