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AlphaVest Acquisition (AlphaVest Acquisition) Net-Net Working Capital : $-0.05 (As of Dec. 2023)


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What is AlphaVest Acquisition 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.

AlphaVest Acquisition's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-0.05.

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

ATMV's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

AlphaVest Acquisition Net-Net Working Capital Historical Data

The historical data trend for AlphaVest Acquisition'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.

AlphaVest Acquisition Net-Net Working Capital Chart

AlphaVest Acquisition Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
0.04 -0.05

AlphaVest Acquisition Quarterly Data
Apr22 Sep22 Dec22 Dec23
Net-Net Working Capital -0.11 -0.04 0.04 -0.05

Competitive Comparison of AlphaVest Acquisition's Net-Net Working Capital

For the Shell Companies subindustry, AlphaVest Acquisition'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.


AlphaVest Acquisition's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AlphaVest Acquisition's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



AlphaVest Acquisition Net-Net Working Capital Calculation

AlphaVest Acquisition'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)
=(0.029+0.75 * 0+0.5 * 0-0.388
-0-0)/7.00633
=-0.05

AlphaVest Acquisition's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.029+0.75 * 0+0.5 * 0-0.388
-0-0)/7.00633
=-0.05

* 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.


AlphaVest Acquisition  (NAS:ATMV) 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.


AlphaVest Acquisition Net-Net Working Capital Related Terms

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AlphaVest Acquisition (AlphaVest Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
420 Lexington Avenue, Suite 2446, New York, NY, USA, 10170
Website
AlphaVest Acquisition Corp is a blank check company.
Executives
Li (helen) Wei director C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
David Yan director, officer: Chief Executive officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Pengfei Zheng director, 10 percent owner C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Alphavest Holding Lp 10 percent owner 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Steve Jing director, officer: Chief Financial Officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Shu Wang director C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170