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GreenGro Technologies (GreenGro Technologies) Net-Net Working Capital : $-5.31 (As of Mar. 2004)


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What is GreenGro Technologies 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.

GreenGro Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2004 was $-5.31.

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

GRNH's Price-to-Net-Net-Working-Capital is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 7.155
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

GreenGro Technologies Net-Net Working Capital Historical Data

The historical data trend for GreenGro Technologies'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.

GreenGro Technologies Net-Net Working Capital Chart

GreenGro Technologies Annual Data
Trend Dec96 Dec97 Dec98 Jun99 Jun00 Jun01 Jun02
Net-Net Working Capital
Get a 7-Day Free Trial -0.20 -1.23 147.64 6.54 -21.96

GreenGro Technologies Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
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 -7.66 -4.84 -5.00 -5.15 -5.31

Competitive Comparison of GreenGro Technologies's Net-Net Working Capital

For the Farm & Heavy Construction Machinery subindustry, GreenGro Technologies'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.


GreenGro Technologies's Price-to-Net-Net-Working-Capital Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenGro Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



GreenGro Technologies Net-Net Working Capital Calculation

GreenGro Technologies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2002 is calculated as

Net-Net Working Capital(A: Jun. 2002 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.195+0.75 * 1.693+0.5 * 0-6.025
-0-0)/0.20768
=-21.96

GreenGro Technologies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2004 is calculated as

Net-Net Working Capital(Q: Mar. 2004 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-1.104
-0-0)/0.208
=-5.31

* 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.


GreenGro Technologies  (OTCPK:GRNH) 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.


GreenGro Technologies Net-Net Working Capital Related Terms

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GreenGro Technologies (GreenGro Technologies) Business Description

Traded in Other Exchanges
N/A
Address
68374 Keiley Road, Cathedral City, CA, USA, 92234
GreenGro Technologies Inc specializes in indoor and outdoor agricultural science systems for the consumer and commercial farming markets. It manufactures and sells eco-friendly vertical cultivation systems and facilities design. In addition, it also provides design, construction, and GreenGro Technologies, Inc. provides manufacturing and sales of green, eco-friendly, sustainable vertical cultivation systems, and facilities design. Its products and services are targeted at consumers and industrial farming operations. Its products and services are designed to provide all of these customers solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator.

GreenGro Technologies (GreenGro Technologies) Headlines

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