The Initiates (NSA:TIP) Change In Working Capital: ₦0.00 Mil (TTM As of . 20)

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What is The Initiates Change In Working Capital?

The Initiates NSA:TIP +4.00% Change In Working Capital is ₦0.00 Mil as of . 20. The stock has 2 warning signs investors should review.

The Initiates's change in working capital for the quarter that ended in . 20 was ₦0.00 Mil.

The Initiates's change in working capital for the fiscal year that ended in . 20 was ₦0.00 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

The Initiates Change In Working Capital Related Terms

The Initiates Change In Working Capital Historical Data

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The historical data trend for The Initiates's Change In 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.

The Initiates Change In Working Capital Chart

The Initiates Annual Data
Trend
Change In Working Capital

The Initiates Semi-Annual Data
Change In Working Capital

The Initiates Change In Working Capital Calculation

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Working Capital for the trailing twelve months (TTM) ended in . 20 was ₦0.00 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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.

What does a Change In Working Capital of ₦0.00 Mil mean?
The Initiates (NSA:TIP) has a Change In Working Capital of ₦0.00 Mil as of . 20. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for The Initiates.
Is The Initiates' Change In Working Capital too high?
The Initiates' current Change In Working Capital is ₦0.00 Mil.
How does The Initiates' Change In Working Capital compare to CWSS and ECMT?
The Initiates' Change In Working Capital of ₦0.00 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Waste Management company?
A good Change In Working Capital depends on the Waste Management industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for The Initiates. The Initiates's current Change In Working Capital is ₦0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Initiates stock overvalued right now?
The Initiates (NSA:TIP) has a current Change In Working Capital of ₦0.00 Mil. The current Change In Working Capital is ₦0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For The Initiates (NSA:TIP), the current Change In Working Capital is ₦0.00 Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Initiates Business Description

Address Plot 400, Location Road, Off Aba/PH Expressway, P.O. BOX 7242, Umuebule 5, Port Harcourt, Rivers State, NGA
The Initiates PLC is a professional waste management company. The company is engaged in delivering Waste Management, Industrial Cleaning and Decontamination services to both Private and Public sectors. It has a multi-disciplinary and flexible workforce and all relevant permits necessary for delivering waste management and industrial cleaning services.