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American Sierra Gold (American Sierra Gold) Net-Net Working Capital : $-0.01 (As of Jul. 2023)


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What is American Sierra Gold 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 Sierra Gold's Net-Net Working Capital for the quarter that ended in Jul. 2023 was $-0.01.

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

AMNP's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

American Sierra Gold Net-Net Working Capital Historical Data

The historical data trend for American Sierra Gold'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 Sierra Gold Net-Net Working Capital Chart

American Sierra Gold Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul23
Net-Net Working Capital
Get a 7-Day Free Trial -0.08 -0.01 -0.01 - -0.01

American Sierra Gold Semi-Annual Data
Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul23
Net-Net Working Capital Get a 7-Day Free Trial -0.08 -0.01 -0.01 - -0.01

Competitive Comparison of American Sierra Gold's Net-Net Working Capital

For the Other Precious Metals & Mining subindustry, American Sierra Gold'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 Sierra Gold's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Sierra Gold's Price-to-Net-Net-Working-Capital falls into.


American Sierra Gold Net-Net Working Capital Calculation

American Sierra Gold's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2023 is calculated as

Net-Net Working Capital(A: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.139
-0-0)/15.7917
=-0.01

American Sierra Gold's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2023 is calculated as

Net-Net Working Capital(Q: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.139
-0-0)/15.7917
=-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.

American Sierra Gold  (OTCPK:AMNP) 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 Sierra Gold Net-Net Working Capital Related Terms

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American Sierra Gold (American Sierra Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Sierra Gold Corp (OTCPK:AMNP) » Definitions » Net-Net Working Capital
Comparable Companies
ASX:GBR LSE:GRL TLRS ASX:AWV TSXV:KMT TSXV:LOT XCNQ:RFR ASX:GED XCNQ:RLG TSXV:CBR ASX:MKG ASX:ALY TSXV:BYN TSX:GGA TSXV:SDR TSXV:ORX TSXV:ELO TSXV:LAB TSXV:PA XCNQ:PMC
Traded in Other Exchanges
N/A
Address
9449 Priority Way West Drive, Suite 140, Indianapolis, IN, USA, 46240
Website
American Sierra Gold Corp is a precious metal mineral acquisition, exploration, and development company. It is focused on the exploration of gold and silver.
Executives
Larry Regis director, 10 percent owner, officer: CEO 9555 SW ALLEN BLVD. #36, BEAVERTON OR 97005
Gary Goodin director, 10 percent owner, officer: COO 3243 SMOKEY RIDGE CT, CARMEL IN 46033
Vittal Karra director, 10 percent owner, officer: Treasurer 4480 HASTINGS DRIVE, CUMMING GA 30041
G.x.k. Ventures, Inc. 10 percent owner 302 255 WEST FIRST STREET, NORTH VANCOUVER A1 V7M 3G8
Mmc Mines, Inc. 10 percent owner 302 255 WEST FIRST STREET, NORTH VANCOUVER A1 V7M 3G8
James Vandeberg director 10710 NE 10TH STREET #1307, BELLEVUE WA 98004
Wayne Gruden director, officer: President; Treasurer C/O AMERICAN SIERRA GOLD CORP., 200 S. VIRGINIA STREET, 8TH FLOOR, RENO NV 89501
George Daschko other: Former 10% Owner, Dir. & Pres. 7456 BARRYMORE DRIVE, DELTA A1 00000
Dmitriy Ruzhytskiy director, 10 percent owner 4(A) SIMONENKO STREET, APT 21, VYSHGOROD KYIVSKA RE 2H 07300
Alexander Hornostai director, 10 percent owner, officer: SECRETARY AND TREASURER 108 9B KOSHYTSYA STREET, KIEV 2H 00000

American Sierra Gold (American Sierra Gold) Headlines

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