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B2Digital (B2Digital) Net-Net Working Capital : $-0.01 (As of Dec. 2022)


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What is B2Digital 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.

B2Digital's Net-Net Working Capital for the quarter that ended in Dec. 2022 was $-0.01.

The industry rank for B2Digital's Net-Net Working Capital or its related term are showing as below:

BTDG's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.58
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

B2Digital Net-Net Working Capital Historical Data

The historical data trend for B2Digital'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.

B2Digital Net-Net Working Capital Chart

B2Digital Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar19 Mar20 Mar21 Mar22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.25 - - - -0.01

B2Digital Quarterly Data
Sep07 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of B2Digital's Net-Net Working Capital

For the Leisure subindustry, B2Digital'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.


B2Digital's Price-to-Net-Net-Working-Capital Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, B2Digital's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where B2Digital's Price-to-Net-Net-Working-Capital falls into.



B2Digital Net-Net Working Capital Calculation

B2Digital's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2022 is calculated as

Net-Net Working Capital(A: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.04+0.75 * 0+0.5 * 0-11.528
-0-0)/1849.93
=-0.01

B2Digital's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2022 is calculated as

Net-Net Working Capital(Q: Dec. 2022 )
=(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 * 0-29.471
-0-0)/5241.51
=-0.01

* 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.


B2Digital  (OTCPK:BTDG) 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.


B2Digital Net-Net Working Capital Related Terms

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B2Digital (B2Digital) Business Description

Traded in Other Exchanges
N/A
Address
4522 West Village Drive, Suite 215, Tampa, FL, USA, 33624
B2Digital Inc is a full-service live event sports company. It creates and develops Minor League champions that will move on to the MMA Major Leagues from the B2FS, B2 Fighting Series. B2 Digital is also developing the Systems and Technologies for Event Management, Digital Ticketing Sales, Digital Video Distribution, Digital Marketing, PPV, Fighter Management, Merchandise Sales, Brand Management and Financial Control Systems.
Executives
Andrew Georgens director 14426 W. MORNING STAR TRAIL, SURPRISE AZ 85374
Hugh Darryl Metz director 1519 GREENBRIER DR., VAN ALSTYNE TX 75495-7080
Gregory Phelps Bell director, 10 percent owner, officer: Chairman and CEO 4522 W. VILLAGE DR., TAMPA FL 33624
B2 Management Group, Llc 10 percent owner 4522 W. VILLAGE DR., TAMPA FL 33624
Richard O Weed other: option holder 4695 MACARTHUR COURT STE 1430, NEWPORT BEACH CA 92660
Paul Labarre director, 10 percent owner, officer: Chief Operation Officer 1030 S MESA DRIVE, MESA AZ 85210
Robert Charles Russell director, 10 percent owner, officer: Chief Executive Officer 9171 WILSHIRE BLVD, STE B, BEVERLY HILLS CA 90210
Marcia A Pearlstein director, 10 percent owner, officer: Acting Chief Financial Officer 9171 WILSHIRE BLVD, STE B, BEVERLY HILLS CA 90210
Igor Loginov director 9171 WILSHIRE BLVD, BEVERLY HILLS CA 90210
Dennis H Johnston director, officer: Secretary 2722 LOKER AVE W, CARLSBAD CA 92008

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