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PASSUR Aerospace (PASSUR Aerospace) Net-Net Working Capital : $-1.99 (As of Jul. 2022)


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What is PASSUR Aerospace 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.

PASSUR Aerospace's Net-Net Working Capital for the quarter that ended in Jul. 2022 was $-1.99.

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

PSSR's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.705
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PASSUR Aerospace Net-Net Working Capital Historical Data

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Net-Net Working Capital Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.05 -1.38 -1.69 -1.74 -1.65

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 -1.65 -1.65 -1.66 -1.84 -1.99

Competitive Comparison of PASSUR Aerospace's Net-Net Working Capital

For the Aerospace & Defense subindustry, PASSUR Aerospace'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.


PASSUR Aerospace's Price-to-Net-Net-Working-Capital Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, PASSUR Aerospace's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



PASSUR Aerospace Net-Net Working Capital Calculation

PASSUR Aerospace's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2021 is calculated as

Net-Net Working Capital(A: Oct. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.57+0.75 * 0.809+0.5 * 0-14.879
-0-0)/7.71209
=-1.65

PASSUR Aerospace's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2022 is calculated as

Net-Net Working Capital(Q: Jul. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.217+0.75 * 0.911+0.5 * 0-16.218
-0-0)/7.71209
=-1.99

* 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.


PASSUR Aerospace  (OTCPK:PSSR) 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.


PASSUR Aerospace Net-Net Working Capital Related Terms

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PASSUR Aerospace (PASSUR Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
One Landmark Square, Suite 1905, Stamford, CT, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
Executives
Allison O'neill officer: Exec. VP Finance & Admin 883 INMAN VILLAGE PARKWAY, ATLANTA GA 30307
Richard L Haver director C/O PASSUR AEROSPACE, INC., ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Robert M. Stafford director C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Michael Owen Hulley director ONE LANDMARK SQUARE, SUITE 1900, STAMFORD NY 06901
Michael P. Schumaecker director BOX 205, ORLEANS MA 02653
Sean L Doherty officer: Exec. VP Finance & Admin 34 MILSON CRESCENT, GUELPH A6 N1C1G9
Michael Henne officer: Chief Commercial Officer ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Brian Gerald Cook director 840 ST. JOHNS AVE., GREEN COVE SPRINGS FL 32043
John Franklin Thomas director 25 BURR DRIVE, NEEDHAM MA 02492
Ronald Rose director
David Mackenzie Henderson officer: See Remarks ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
David Brukman officer: Chief Technology Officer 6 WATCH HILL DR., GREENWICH CT 06831
Keith D. Wichman officer: VP-Airline Solutions/Product C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STANFORD CT 06901
William S. Leber officer: VP of Air-Traffic Innovations C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE SUITE 1900, STANFORD CT 06901
Thomas Scott White officer: Senior VP ATM & Technology C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STANFORD CT 06901

PASSUR Aerospace (PASSUR Aerospace) Headlines

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