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Asiamet Resources (LSE:ARS) Net-Net Working Capital : £0.00 (As of Dec. 2023)


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What is Asiamet Resources 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.

Asiamet Resources's Net-Net Working Capital for the quarter that ended in Dec. 2023 was £0.00.

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

LSE:ARS's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Asiamet Resources Net-Net Working Capital Historical Data

The historical data trend for Asiamet Resources'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.

Asiamet Resources Net-Net Working Capital Chart

Asiamet Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
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Asiamet Resources Semi-Annual Data
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Competitive Comparison of Asiamet Resources's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Asiamet Resources'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.


Asiamet Resources's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asiamet Resources's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Asiamet Resources Net-Net Working Capital Calculation

Asiamet Resources'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)
=(3.267+0.75 * 0.103+0.5 * 0-0.933
-0--0.006)/2594.08
=0.00

Asiamet Resources'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)
=(3.267+0.75 * 0.103+0.5 * 0-0.933
-0--0.006)/2594.08
=0.00

* 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.


Asiamet Resources  (LSE:ARS) 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.


Asiamet Resources Net-Net Working Capital Related Terms

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Asiamet Resources (LSE:ARS) Business Description

Traded in Other Exchanges
Address
303 CollinsStreet, Level 17, Melbourne, VIC, AUS, 3000
Asiamet Resources Ltd is a dynamic junior company focused on the exploration and development of its portfolio of large copper-gold deposits on the Indonesian islands of Kalimantan and Sumatra, adjacent to the key growth markets in Asia. The company's only segment is mineral exploration and development. Its project includes Beutong copper-gold, the KSK copper project, BKZ polymetallic project, and KSK prospects.

Asiamet Resources (LSE:ARS) Headlines

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