GURUFOCUS.COM » STOCK LIST » Technology » Software » Data Storage Corp (NAS:DTST) » Definitions » Net-Net Working Capital

Data Storage (Data Storage) Net-Net Working Capital : $1.51 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Data Storage 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.

Data Storage's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $1.51.

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

DTST's Price-to-Net-Net-Working-Capital is ranked better than
75.24% of 1232 companies
in the Software industry
Industry Median: 7.22 vs DTST: 3.40

Data Storage Net-Net Working Capital Historical Data

The historical data trend for Data Storage'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.

Data Storage Net-Net Working Capital Chart

Data Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.46 -1.38 1.54 1.31 1.51

Data Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.31 1.26 1.33 1.39 1.51

Competitive Comparison of Data Storage's Net-Net Working Capital

For the Information Technology Services subindustry, Data Storage'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.


Data Storage's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Data Storage's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Data Storage Net-Net Working Capital Calculation

Data Storage'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)
=(12.747+0.75 * 1.26+0.5 * 0-3.547
-0--0.237)/6.88046
=1.51

Data Storage'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)
=(12.747+0.75 * 1.26+0.5 * 0-3.547
-0--0.237)/6.88046
=1.51

* 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.


Data Storage  (NAS:DTST) 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.


Data Storage Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Data Storage's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Data Storage (Data Storage) Business Description

Traded in Other Exchanges
N/A
Address
48 South Service Road, Suite 203, Melville, NY, USA, 11747
Data Storage Corporation engages in providing cybersecurity, compliance and cloud computing solutions. The company's segment includes Nexxis Inc; Flagship Solutions, LLC and CloudFirst Technologies Corporation and Corporate. It generates maximum revenue from the CloudFirst Technologies Corporation segment. The company's solutions include infrastructure, disaster recovery, email archival, compliance, electronic vaulting, virtualized recovery, telecom recovery services, and continuous data protection.
Executives
Mark Alexander Wyllie director 980 N. FEDERAL HWY, SUITE 302, BOCA RATON FL 33432
Christos Panagiotakos officer: Chief Financial Officer 1013 PLANDOME ROAD, MANHASSET NY 11030
Wendy Schmittzeh other: Secretary C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Matthew Grover director C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Todd A. Correll director 222 LAKEVIEW AVENUE, SUITE 1600, WEST PALM BEACH FL 33401
Thomas Kempster director, 10 percent owner, officer: COO, Pres of Tech Ops & Secy C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Harold Schwarts director, 10 percent owner, officer: President and Treasurer C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Charles M. Piluso director, 10 percent owner, officer: Pres/CEO/CFO/Chairman C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Piluso Family Associates, Llc 10 percent owner 495 MANHASSET WOODS ROAD, MANHASSET NY 11030
Jan Burman director, 10 percent owner 875 MERRICK AVENUE, WESTBURY NY 11590
John F. Coghlan director, 10 percent owner 36 VASSAR PLACE, ROCKVILLE CENTRE NY 11570
Clifford Stein director 5345 PINE TREE DRIVE, MIAMI BEACH FL 33140
Joseph B. Hoffman director 9204 REDWOOD AVE, BETHESDA MD 20817
Matthew P Grosso officer: Secretary, Treasurer and, other: Vice President 19 HASTING DRIVE, STONY BROOK NY 11790
Peter W Briggs officer: Vice President 152 CROMPTON AVENUE #4, EAST GREENWICH RI 02818

Data Storage (Data Storage) Headlines

From GuruFocus