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Drone Guarder (Drone Guarder) Net-Net Working Capital : $-0.01 (As of Oct. 2018)


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What is Drone Guarder 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.

Drone Guarder's Net-Net Working Capital for the quarter that ended in Oct. 2018 was $-0.01.

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

DRNG's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.605
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Drone Guarder Net-Net Working Capital Historical Data

The historical data trend for Drone Guarder'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.

Drone Guarder Net-Net Working Capital Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Net-Net Working Capital
Get a 7-Day Free Trial - - - - -0.01

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 - -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Drone Guarder's Net-Net Working Capital

For the Security & Protection Services subindustry, Drone Guarder'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.


Drone Guarder's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Drone Guarder Net-Net Working Capital Calculation

Drone Guarder's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2018 is calculated as

Net-Net Working Capital(A: Jan. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.02+0.75 * 0+0.5 * 0-0.806
-0-0)/133.4
=-0.01

Drone Guarder's Net-Net Working Capital (NNWC) per share for the quarter that ended in Oct. 2018 is calculated as

Net-Net Working Capital(Q: Oct. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.032+0.75 * 0+0.5 * 0-2.174
-0.001-0)/142.95
=-0.01

* 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.


Drone Guarder  (OTCPK:DRNG) 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.


Drone Guarder Net-Net Working Capital Related Terms

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Drone Guarder (Drone Guarder) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the DroneGuarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. Its primary revenue model consists of selling home security systems directly to the clients.