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Oscillate (AQSE:MUSH) Net-Net Working Capital : £1.11 (As of Nov. 2023)


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What is Oscillate 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.

Oscillate's Net-Net Working Capital for the quarter that ended in Nov. 2023 was £1.11.

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

AQSE:MUSH's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Oscillate Net-Net Working Capital Historical Data

The historical data trend for Oscillate'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.

Oscillate Net-Net Working Capital Chart

Oscillate Annual Data
Trend Nov18 Nov19 Nov21 Nov22 Nov23
Net-Net Working Capital
- - - 1.42 1.11

Oscillate Semi-Annual Data
May18 Nov18 May19 Nov19 May20 May21 Nov21 May22 Nov22 May23 Nov23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 2.07 1.42 1.31 1.11

Competitive Comparison of Oscillate's Net-Net Working Capital

For the Asset Management subindustry, Oscillate'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.


Oscillate's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oscillate's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Oscillate Net-Net Working Capital Calculation

Oscillate's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2023 is calculated as

Net-Net Working Capital(A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.528+0.75 * 0+0.5 * 0-0.047
-0-0)/2.245
=1.11

Oscillate's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2023 is calculated as

Net-Net Working Capital(Q: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.528+0.75 * 0+0.5 * 0-0.047
-0-0)/2.245
=1.11

* 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.


Oscillate  (AQSE:MUSH) 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.


Oscillate Net-Net Working Capital Related Terms

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Oscillate (AQSE:MUSH) Business Description

Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Oscillate PLC is an investment issuer designed to acquire investment positions in companies exposed to sectors of the market. It invests in Psychedelics, Medicinal Cannabis, and Specialist Situations.

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