ACTL (Artec Global Media) Net-Net Working Capital: $-0.01 (As of Apr. 2016)


What is Artec Global Media Net-Net Working Capital?

Artec Global Media ACTL -98.00% Net-Net Working Capital is $-0.01 as of Apr. 2016.

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.

Artec Global Media's Net-Net Working Capital for the quarter that ended in Apr. 2016 was $-0.01.

The industry rank for Artec Global Media's Net-Net Working Capital or its related term are showing as below:

ACTL's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.46
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Artec Global Media  (OTCPK:ACTL) 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.


Artec Global Media Net-Net Working Capital Related Terms


Artec Global Media Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Artec Global Media'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.

Artec Global Media Net-Net Working Capital Chart

Artec Global Media Annual Data
Trend Jan13 Jan14 Jan15 Jan16
Net-Net Working Capital
0.00 0.00 -0.01 0.00

Artec Global Media Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 -0.02 -0.02 -0.01 0.00 -0.01

ACTL vs BCYP, MBIOF, LOGX: Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, Artec Global Media'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.


Artec Global Media Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Artec Global Media's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Artec Global Media's Price-to-Net-Net-Working-Capital falls into.



Artec Global Media Net-Net Working Capital Calculation

Artec Global Media's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2016 is calculated as

Net-Net Working Capital(A: Jan. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.02+0.75 * 0.009+0.5 * 0-1.119
-0-0)/445.555
=-0.00

Artec Global Media's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2016 is calculated as

Net-Net Working Capital(Q: Apr. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.018+0.75 * 0+0.5 * 0-3.819
-0-0)/699.218
=-0.01

* 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 $-0.01 mean?
Artec Global Media (ACTL) has a Net-Net Working Capital of $-0.01 as of Apr. 2016. 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 Artec Global Media
Is Artec Global Media's Net-Net Working Capital too high?
Artec Global Media's current Net-Net Working Capital is $-0.01.
How does Artec Global Media's Net-Net Working Capital compare to BCYP and MBIOF?
Artec Global Media's Net-Net Working Capital of $-0.01 can be compared against companies in the Media - Diversified industry. The industry median Net-Net Working Capital is 4.46. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.46, based on 381 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 Artec Global Media For the Media - Diversified industry, the median Net-Net Working Capital is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artec Global Media's current Net-Net Working Capital is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artec Global Media stock overvalued right now?
Artec Global Media (ACTL) has a current Net-Net Working Capital of $-0.01. The current Net-Net Working Capital is $-0.01. 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 Artec Global Media (ACTL), the current Net-Net Working Capital is $-0.01 as of Apr. 2016. 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.

Artec Global Media Business Description

Address 1000 East William Street, Suite 204, Carson City, NV, USA, 89701
Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.