AAPI (Apple iSports Group) Net-Net Working Capital: $-0.03 (As of Mar. 2026)


AAPI Apple iSports Group Inc AAPI
28 GF Score
Price $0.13
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What is Apple iSports Group Net-Net Working Capital?

Apple iSports Group AAPI 28 Net-Net Working Capital is $-0.03 as of Mar. 2026. GuruFocus rates AAPI with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 217 Travel & Leisure companies, Apple iSports Group ranks worse than 460829.03% on this metric.

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.

Apple iSports Group's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-0.03.

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

AAPI's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.49
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Apple iSports Group  (OTCPK:AAPI) 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.


Apple iSports Group Net-Net Working Capital Related Terms


Apple iSports Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Apple iSports Group'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.

Apple iSports Group Net-Net Working Capital Chart

Apple iSports Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 -0.03 -0.03 -0.03

Apple iSports Group Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.02 -0.02 -0.03 -0.03 -0.03

AAPI vs SEGG, VIPZ, GLXZ: Net-Net Working Capital Comparison

For the Gambling subindustry, Apple iSports Group'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.


Apple iSports Group Price-to-Net-Net-Working-Capital vs Travel & Leisure Industry

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

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


AAPI
28GF Score
Apple iSports Group Inc AAPI
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Apple iSports Group Net-Net Working Capital Calculation

Apple iSports Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.056+0.75 * 0+0.5 * 0-6.529
-0-0)/219.784
=-0.03

Apple iSports Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.001+0.75 * 0+0.5 * 0-6.777
-0-0)/219.784
=-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.

What does a Net-Net Working Capital of $-0.03 mean?
Apple iSports Group (AAPI) has a Net-Net Working Capital of $-0.03 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Apple iSports Group According to the industry distribution chart, Apple iSports Group ranks #999999 out of 217 companies in the Travel & Leisure industry.
Is Apple iSports Group's Net-Net Working Capital too high?
Apple iSports Group's current Net-Net Working Capital is $-0.03. Based on the distribution chart, Apple iSports Group ranks #999999 out of 217 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Apple iSports Group has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Apple iSports Group's Net-Net Working Capital compare to SEGG and VIPZ?
According to the Travel & Leisure industry distribution chart, Apple iSports Group ranks #999999 out of 217 companies for Net-Net Working Capital. This places Apple iSports Group in the lower half of its industry. The industry median Net-Net Working Capital is 6.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Travel & Leisure company?
The median Net-Net Working Capital among Travel & Leisure companies is 6.49, based on 217 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Apple iSports Group For the Travel & Leisure industry, the median Net-Net Working Capital is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple iSports Group's current Net-Net Working Capital is $-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple iSports Group stock overvalued right now?
Apple iSports Group (AAPI) has a current Net-Net Working Capital of $-0.03. The current Net-Net Working Capital is $-0.03. Apple iSports Group's overall GF Score™ is 28/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Apple iSports Group (AAPI), the current Net-Net Working Capital is $-0.03 as of Mar. 2026. 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.

Apple iSports Group Business Description

Address 100 Spectrum Center Drive, Suite 900, Irvine, CA, USA, 92618
Apple iSports Group Inc is engaged in the development of a digital sports betting and gaming platform that provides users with sports content, racing, sports betting, and sports streaming solutions accessible via web and mobile devices. The Company focuses on the convergence of technology, gaming, media, and entertainment to enhance sports fandom and user engagement and is at the forefront of this convergence, particularly as the boundaries between sports, wagering, and entertainment continue to blur. The Company operates as a single operating and reportable segment focused on developing its digital sports betting and gaming platform.
28GF Score

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