GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Church Mortgage Co (OTCPK:ACMC) » Definitions » Net-Net Working Capital

American Church Mortgage Co (American Church Mortgage Co) Net-Net Working Capital : $2.66 (As of Jun. 2022)


View and export this data going back to 2011. Start your Free Trial

What is American Church Mortgage Co 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.

American Church Mortgage Co's Net-Net Working Capital for the quarter that ended in Jun. 2022 was $2.66.

The industry rank for American Church Mortgage Co's Net-Net Working Capital or its related term are showing as below:

ACMC's Price-to-Net-Net-Working-Capital is not ranked
in the REITs industry.
Industry Median: 15.305 vs ACMC: 0.02

American Church Mortgage Co Net-Net Working Capital Historical Data

The historical data trend for American Church Mortgage Co'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.

American Church Mortgage Co Net-Net Working Capital Chart

American Church Mortgage Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.31 -15.94 -16.19 -15.00 -12.93

American Church Mortgage Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -13.85 -13.21 -12.93 -12.06 2.66

Competitive Comparison of American Church Mortgage Co's Net-Net Working Capital

For the REIT - Mortgage subindustry, American Church Mortgage Co'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.


American Church Mortgage Co's Price-to-Net-Net-Working-Capital Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Church Mortgage Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where American Church Mortgage Co's Price-to-Net-Net-Working-Capital falls into.



American Church Mortgage Co Net-Net Working Capital Calculation

American Church Mortgage Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.115+0+0.75 * 0.169+0.5 * 0-21.924
-0-0)/1.6766
=-12.93

American Church Mortgage Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2022 is calculated as

Net-Net Working Capital(Q: Jun. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.188+0+0.75 * 1.721+0.5 * 0-0.02
-0-0)/1.6766
=2.66

* 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.


American Church Mortgage Co  (OTCPK:ACMC) 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.


American Church Mortgage Co Net-Net Working Capital Related Terms

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


American Church Mortgage Co (American Church Mortgage Co) Business Description

Traded in Other Exchanges
N/A
Address
10400 Yellow Circle Drive, Suite 102, Minnetonka, MN, USA, 55343
American Church Mortgage Co operates as a real estate investment trust. Geographically the activities function throughout the region of the United States. It is primarily engaged in the business of making mortgage loans to churches and other non-profit religious organizations. In addition, the group also owns bonds, issued by churches and other nonprofit religious organizations. The firm derives revenue in the form of interest on mortgage loans receivable and the bond portfolio.
Executives
Philip J. Myers director, officer: Chairman, President, Secretary 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Scott J. Marquis other: VP & Secretary of Advisor 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Michael G. Holmquist director 18300 MINNETONKA BLVD., SUITE 202, DEEPHAVEN MN 55391

American Church Mortgage Co (American Church Mortgage Co) Headlines

No Headlines