GURUFOCUS.COM » STOCK LIST » Technology » Software » Metaverse Inc (OTCPK:DEQI) » Definitions » Net-Net Working Capital

Metaverse (Metaverse) Net-Net Working Capital : $-0.16 (As of Sep. 2006)


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

What is Metaverse 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.

Metaverse's Net-Net Working Capital for the quarter that ended in Sep. 2006 was $-0.16.

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

DEQI's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.21
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Metaverse Net-Net Working Capital Historical Data

The historical data trend for Metaverse'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.

Metaverse Net-Net Working Capital Chart

Metaverse Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Net-Net Working Capital
Get a 7-Day Free Trial -1.13 -0.54 0.34 0.15 0.05

Metaverse Quarterly Data
Dec99 Dec00 Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 0.06 0.04 0.03 0.01 -0.16

Competitive Comparison of Metaverse's Net-Net Working Capital

For the Software - Application subindustry, Metaverse'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.


Metaverse's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Metaverse's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Metaverse Net-Net Working Capital Calculation

Metaverse's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2005 is calculated as

Net-Net Working Capital(A: Dec. 2005 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.13+0.75 * 0.022+0.5 * 0-0.052
-0-0)/2.063
=0.05

Metaverse's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2006 is calculated as

Net-Net Working Capital(Q: Sep. 2006 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.664+0.75 * 0.015+0.5 * 0-3.008
-0-0)/2.073
=-0.16

* 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.


Metaverse  (OTCPK:DEQI) 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.


Metaverse Net-Net Working Capital Related Terms

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


Metaverse (Metaverse) Business Description

Traded in Other Exchanges
N/A
Address
3835 East Thousand Oaks Boulevard, Suite 158, West Lake Village, CA, USA, 91362
Metaverse Inc is developing software that allows users to interact with an AI-based generative chat bot while they browse the web. The chat bot utilizes AI to generate a response to the user's input, and offers a menu of personalities that have unique behavioral patterns. The bot also provides pre-selected options that allow the user to interact with the website.