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Amica Mature Lifestyles (Amica Mature Lifestyles) Net-Net Working Capital : $-13.16 (As of Aug. 2015)


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What is Amica Mature Lifestyles 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.

Amica Mature Lifestyles's Net-Net Working Capital for the quarter that ended in Aug. 2015 was $-13.16.

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

ACCKF's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.59
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Amica Mature Lifestyles Net-Net Working Capital Historical Data

The historical data trend for Amica Mature Lifestyles'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.

Amica Mature Lifestyles Net-Net Working Capital Chart

Amica Mature Lifestyles Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.66 -8.50 -16.13 -15.95 -14.13

Amica Mature Lifestyles Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 -15.83 -15.21 -13.75 -14.13 -13.16

Competitive Comparison of Amica Mature Lifestyles's Net-Net Working Capital

For the Medical Care Facilities subindustry, Amica Mature Lifestyles'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.


Amica Mature Lifestyles's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Amica Mature Lifestyles's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Amica Mature Lifestyles Net-Net Working Capital Calculation

Amica Mature Lifestyles's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2015 is calculated as

Net-Net Working Capital(A: May. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.079+0.75 * 0+0.5 * 0-431.44
-0-7.1)/30.8236
=-14.13

Amica Mature Lifestyles's Net-Net Working Capital (NNWC) per share for the quarter that ended in Aug. 2015 is calculated as

Net-Net Working Capital(Q: Aug. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.989+0.75 * 0+0.5 * 0-404.378
-0-4.158)/30.8273
=-13.16

* 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.


Amica Mature Lifestyles  (OTCPK:ACCKF) 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.


Amica Mature Lifestyles Net-Net Working Capital Related Terms

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Amica Mature Lifestyles (Amica Mature Lifestyles) Business Description

Traded in Other Exchanges
N/A
Address
Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.

Amica Mature Lifestyles (Amica Mature Lifestyles) Headlines

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