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Avatar Ventures (Avatar Ventures) Net-Net Working Capital : $0.00 (As of Apr. 2012)


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What is Avatar Ventures 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.

Avatar Ventures's Net-Net Working Capital for the quarter that ended in Apr. 2012 was $0.00.

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

ATAR's Price-to-Net-Net-Working-Capital is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.84
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Avatar Ventures Net-Net Working Capital Historical Data

The historical data trend for Avatar Ventures'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.

Avatar Ventures Net-Net Working Capital Chart

Avatar Ventures Annual Data
Trend Jul08 Jul09 Jul10 Jul11
Net-Net Working Capital
- - - -

Avatar Ventures Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12
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 0.01 - - - -

Competitive Comparison of Avatar Ventures's Net-Net Working Capital

For the Auto Parts subindustry, Avatar Ventures'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.


Avatar Ventures's Price-to-Net-Net-Working-Capital Distribution in the Vehicles & Parts Industry

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

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



Avatar Ventures Net-Net Working Capital Calculation

Avatar Ventures's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2011 is calculated as

Net-Net Working Capital(A: Jul. 2011 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.218+0.75 * 0+0.5 * 0-0.031
-0-0)/68.6346
=0.00

Avatar Ventures's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2012 is calculated as

Net-Net Working Capital(Q: Apr. 2012 )
=(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 * 0-0.061
-0-0)/68.6346
=-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.


Avatar Ventures  (GREY:ATAR) 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.


Avatar Ventures Net-Net Working Capital Related Terms

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Avatar Ventures (Avatar Ventures) Business Description

Traded in Other Exchanges
N/A
Address
27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691
Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.

Avatar Ventures (Avatar Ventures) Headlines

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