Nevada Gold & Casinos (Nevada Gold & Casinos) Net-Net Working Capital : $0.65 (As of Jan. 2019)

Nevada Gold & Casinos Net-Net Working Capital Chart

Nevada Gold & Casinos Annual Data
	Trend	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16	Apr17	Apr18
Net-Net Working Capital		Get a 7-Day Free Trial					-0.52	-0.21	-0.62	-0.39	-0.28

Nevada Gold & Casinos Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19
Net-Net Working Capital	Get a 7-Day Free Trial															-0.35	-0.28	-0.28	-0.25	0.65

Competitive Comparison of Nevada Gold & Casinos's Net-Net Working Capital

For the Resorts & Casinos subindustry, Nevada Gold & Casinos'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.

Nevada Gold & Casinos's Price-to-Net-Net-Working-Capital Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Nevada Gold & Casinos's Price-to-Net-Net-Working-Capital falls into.

Nevada Gold & Casinos Net-Net Working Capital Calculation

Nevada Gold & Casinos's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Apr. 2018 is calculated as

Nevada Gold & Casinos's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2019 is calculated as

* 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.

Nevada Gold & Casinos  (AMEX:UWN) 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.

Nevada Gold & Casinos Net-Net Working Capital Related Terms

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Nevada Gold & Casinos (Nevada Gold & Casinos) Business Description