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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Net-Net Working Capital : $-0.20 (As of Aug. 2023)


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What is Life Electric Vehicles Holdings 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.

Life Electric Vehicles Holdings's Net-Net Working Capital for the quarter that ended in Aug. 2023 was $-0.20.

The industry rank for Life Electric Vehicles Holdings's Net-Net Working Capital or its related term are showing as below:

LFEV's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.195
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Life Electric Vehicles Holdings Net-Net Working Capital Historical Data

The historical data trend for Life Electric Vehicles Holdings'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.

Life Electric Vehicles Holdings Net-Net Working Capital Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 1.26 1.26 -1.24 -0.67

Life Electric Vehicles Holdings Quarterly Data
May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23
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 -0.79 -0.77 -1.01 - -0.20

Competitive Comparison of Life Electric Vehicles Holdings's Net-Net Working Capital

For the Recreational Vehicles subindustry, Life Electric Vehicles Holdings'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.


Life Electric Vehicles Holdings's Price-to-Net-Net-Working-Capital Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Life Electric Vehicles Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Life Electric Vehicles Holdings's Price-to-Net-Net-Working-Capital falls into.



Life Electric Vehicles Holdings Net-Net Working Capital Calculation

Life Electric Vehicles Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2007 is calculated as

Net-Net Working Capital(A: Nov. 2007 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.578+0.75 * 0.02+0.5 * 4.861-3.682
-0-0)/0.98985
=-0.67

Life Electric Vehicles Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Aug. 2023 is calculated as

Net-Net Working Capital(Q: Aug. 2023 )
=(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 * 0-1.709
-0-0)/8.34564
=-0.20

* 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.


Life Electric Vehicles Holdings  (OTCPK:LFEV) 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.


Life Electric Vehicles Holdings Net-Net Working Capital Related Terms

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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Traded in Other Exchanges
N/A
Address
460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

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