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Westwater Resources (Westwater Resources) Net-Net Working Capital : $0.03 (As of Dec. 2023)


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What is Westwater Resources 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.

Westwater Resources's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $0.03.

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

WWR's Price-to-Net-Net-Working-Capital is ranked worse than
79.44% of 924 companies
in the Metals & Mining industry
Industry Median: 5.53 vs WWR: 14.66

Westwater Resources Net-Net Working Capital Historical Data

The historical data trend for Westwater Resources'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.

Westwater Resources Net-Net Working Capital Chart

Westwater Resources 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 -2.41 2.47 3.08 1.01 0.03

Westwater Resources 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 1.01 0.41 0.18 0.02 0.03

Competitive Comparison of Westwater Resources's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Westwater Resources'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.


Westwater Resources's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Westwater Resources's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Westwater Resources Net-Net Working Capital Calculation

Westwater Resources'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)
=(10.852+0.75 * 0+0.5 * 0-9.388
-0-0)/55.3876
=0.03

Westwater Resources'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)
=(10.852+0.75 * 0+0.5 * 0-9.388
-0-0)/55.3876
=0.03

* 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.


Westwater Resources  (AMEX:WWR) 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.


Westwater Resources Net-Net Working Capital Related Terms

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


Westwater Resources (Westwater Resources) Business Description

Traded in Other Exchanges
Address
6950 South Potomac Street, Suite 300, Centennial, CO, USA, 80112
Westwater Resources Inc focused on developing battery-grade natural graphite materials. The company is having one project which is the Westwater's coosa project which is currently used for the mining and extraction of graphite.
Executives
Frank Bakker officer: President and CEO C/O OCI PARTNERS LP, 5470 N. TWIN CITY HIGHWAY, NEDERLAND TX 77627
Deborah A Peacock director C/O WESTWATER RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Terence James Cryan director 2 HAMPSHIRE RD, BRONXVILLE NY 10708
John W Lawrence officer: General Counsel and Corp Sec 6950 S POTOMAC STREET, SUITE 300, C/O WESTWATER RESOURCES, INC., CENTENNIAL CO 80112
Chad M. Potter officer: Chief Operating Officer C/O WESTWATER RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Jeffrey L. Vigil officer: Vice President-Finance and CFO 405 STATE HIGHWAY 121 BYPASS, BUILDING A, SUITE 110, LEWISVILLE TX 75067
Steven M. Cates officer: CAO and Controller C/O WESTWATER RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Karli S. Anderson director 1660 WYNKOOP STREET, SUITE 1000, DENVER CO 80202
Tracy D Pagliara director 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Dain A Mccoig officer: Vice President C/O URANIUM RESOURCES, INC., 405 SH 121 BYPASS, BLD. A, SUITE 110, LEWISVILLE TX 75067
Christopher Murrel Jones director, officer: President and CEO 970 BUFFALO RIDGE ROAD, CASTLE PINES CO 80108
Marvin K Kaiser director P.O. BOX 460011, ST. LOUIS MO 63151
Patrick Nicolas Burke director C/O URANIUM RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Dean Theodore Wilton officer: VP and Chief Geologist 405 STATE HIGHWAY 121 BYPASS, BUILDING A, SUITE 110, LEWISVILLE TX 75067
Rcf Management L.l.c. 10 percent owner 1400 16TH STREET, SUITE 200, DENVER CO 80202