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Viabuilt Ventures (Viabuilt Ventures) Net-Net Working Capital : $-0.61 (As of Sep. 2019)


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What is Viabuilt Ventures 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.

Viabuilt Ventures's Net-Net Working Capital for the quarter that ended in Sep. 2019 was $-0.61.

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

VBVT's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 6.52
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Viabuilt Ventures Net-Net Working Capital Historical Data

The historical data trend for Viabuilt Ventures'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.

Viabuilt Ventures Net-Net Working Capital Chart

Viabuilt Ventures Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Net-Net Working Capital
Get a 7-Day Free Trial -0.03 -0.16 -0.36 -0.33 -0.54

Viabuilt Ventures Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.37 -0.50 -0.54 -0.58 -0.61

Competitive Comparison of Viabuilt Ventures's Net-Net Working Capital

For the Conglomerates subindustry, Viabuilt Ventures'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.


Viabuilt Ventures's Price-to-Net-Net-Working-Capital Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Viabuilt Ventures's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Viabuilt Ventures Net-Net Working Capital Calculation

Viabuilt Ventures's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2019 is calculated as

Net-Net Working Capital(A: Mar. 2019 )
=(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 * 0-0.632
-0-0)/1.17601
=-0.54

Viabuilt Ventures's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2019 is calculated as

Net-Net Working Capital(Q: Sep. 2019 )
=(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 * 0-0.748
-0-0)/1.23469
=-0.61

* 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.


Viabuilt Ventures  (OTCPK:VBVT) 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.


Viabuilt Ventures Net-Net Working Capital Related Terms

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Viabuilt Ventures (Viabuilt Ventures) Business Description

Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Viabuilt Ventures Inc, through its subsidiary, is engaged in producing luxury hand-crafted fire pit tables as well as other outdoor furniture products. It has established an extensive distribution network of Brick & Mortar retail stores and luxury online retail locations.

Viabuilt Ventures (Viabuilt Ventures) Headlines

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