GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » DigitalGlobe Inc (NYSE:DGI) » Definitions » Net-Net Working Capital

DigitalGlobe (DigitalGlobe) Net-Net Working Capital : $-24.38 (As of Jun. 2017)


View and export this data going back to 2009. Start your Free Trial

What is DigitalGlobe 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.

DigitalGlobe's Net-Net Working Capital for the quarter that ended in Jun. 2017 was $-24.38.

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

DGI's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.59
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

DigitalGlobe Net-Net Working Capital Historical Data

The historical data trend for DigitalGlobe'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.

DigitalGlobe Net-Net Working Capital Chart

DigitalGlobe Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.75 -19.47 -20.51 -21.82 -26.74

DigitalGlobe Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -23.60 -23.67 -26.74 -25.72 -24.38

Competitive Comparison of DigitalGlobe's Net-Net Working Capital

For the Aerospace & Defense subindustry, DigitalGlobe'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.


DigitalGlobe's Price-to-Net-Net-Working-Capital Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, DigitalGlobe's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



DigitalGlobe Net-Net Working Capital Calculation

DigitalGlobe's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2016 is calculated as

Net-Net Working Capital(A: Dec. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(109.3+0.75 * 114.6+0.5 * 0-1837
-0-0)/61.4
=-26.74

DigitalGlobe's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2017 is calculated as

Net-Net Working Capital(Q: Jun. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(107.3+0.75 * 147.5+0.5 * 0-1737.1
-0-0)/62.3
=-24.38

* 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.


DigitalGlobe  (NYSE:DGI) 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.


DigitalGlobe Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of DigitalGlobe's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


DigitalGlobe (DigitalGlobe) Business Description

Traded in Other Exchanges
N/A
Address
DigitalGlobe is one of the leading global providers of high-resolution Earth-imagery products and services. It owns satellites and utilizes other third-party image providers to produce the images. The content may be used in a multitude of industries, including defense, mapping, environmental, and oil and gas exploration, as well as for civil agencies. The company collects, processes, and distributes to customers around the world, and the imagery may be processed to customers' specifications. Products and services are sold through direct and indirect channels, consisting of a global network of resellers, strategic partners, direct enterprise sales, and online services. The U.S. government accounts for roughly two thirds of total revenue.
Executives
Warren Jenson director 30 FREDRICK AVE, ATHERTON CA 94027
Walter S. Scott officer: EVP and CTO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Daniel L Jablonsky officer: SVP, GC and Secretary 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Howell M Estes director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Jeffrey R Tarr director, officer: President and CEO DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Lawrence A Hough director 84 INVERNESS CIRCLE EAST ENGLEWOOD CO 80112
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Mason L Roger Jr. director 1300 W 120TH AVENUE, WESTMINSTER CO 80234
Gary W Ferrera officer: EVP, Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Roxanne J Decyk director 2801 80TH STREET, KENOSHA WI 53143
Grover Wray officer: SVP, Chief HR Officer DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Nick Cyprus director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Jose Torres officer: Chief Accounting Officer 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
James M Whitehurst director IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Nathan M. Troup other: VP, CAO & Controller 1601 DRY CREEK DRIVE STE. 260 LONGMONT CO 80503

DigitalGlobe (DigitalGlobe) Headlines

From GuruFocus

Digitalglobe Inc. (DGI) Executive VP and CTO Walter S. Scott sells 2,000 Shares

By GuruFocus Research GuruFocus Editor 05-12-2010

Digitalglobe Inc. (DGI) Senior VP and COO S. Scott Smith sells 8,000 Shares

By GuruFocus Research GuruFocus Editor 03-30-2010

Digitalglobe Inc. (DGI) Executive VP and CTO Walter S. Scott sells 1,850 Shares

By GuruFocus Research GuruFocus Editor 06-23-2010

Digitalglobe Inc. (DGI) Executive VP and CTO Walter S. Scott sells 2,000 Shares

By GuruFocus Research GuruFocus Editor 05-19-2010

Baron Funds Comments on DigitalGlobe Inc.

By Holly LaFon 08-19-2015

Digitalglobe Inc. (DGI) Executive VP and CTO Walter S. Scott sells 1,850 Shares

By GuruFocus Research GuruFocus Editor 05-26-2010

Baron Funds Comments on DigitalGlobe

By Holly LaFon 05-12-2014

Digitalglobe Inc. (DGI) Executive VP and CTO Walter S. Scott sells 1,850 Shares

By GuruFocus Research GuruFocus Editor 06-08-2010