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Aristocrat Group (Aristocrat Group) Net-Net Working Capital : $-0.43 (As of Apr. 2016)


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What is Aristocrat Group 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.

Aristocrat Group's Net-Net Working Capital for the quarter that ended in Apr. 2016 was $-0.43.

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

ASCC's Price-to-Net-Net-Working-Capital is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 8.9
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Aristocrat Group Net-Net Working Capital Historical Data

The historical data trend for Aristocrat 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.

* Premium members only.

Aristocrat Group Net-Net Working Capital Chart

Aristocrat Group Annual Data
Trend Jul12 Jul13 Jul14 Jul15
Net-Net Working Capital
-0.01 -0.72 -0.47 -0.39

Aristocrat Group Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.01 -0.39 -0.37 -0.41 -0.43

Competitive Comparison of Aristocrat Group's Net-Net Working Capital

For the Beverages - Wineries & Distilleries subindustry, Aristocrat 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.


Aristocrat Group's Price-to-Net-Net-Working-Capital Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Aristocrat Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Aristocrat Group Net-Net Working Capital Calculation

Aristocrat Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2015 is calculated as

Net-Net Working Capital(A: Jul. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.007+0.75 * 0.009+0.5 * 0.01-0.806
-0.001-0)/2.01063
=-0.39

Aristocrat Group'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)
=(0.003+0.75 * 0.031+0.5 * 0.009-1.647
-0.001-0)/3.76896
=-0.43

* 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.


Aristocrat Group  (OTCPK:ASCC) 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.


Aristocrat Group Net-Net Working Capital Related Terms

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Aristocrat Group (Aristocrat Group) Business Description

Traded in Other Exchanges
N/A
Address
4701 Pine Circle Drive, Bellaire, TX, USA, 77401
Aristocrat Group Corp is a United States based company engaged in distilled spirits industry, with a focus on the Vodka segment. The company is focused on developing the distilled spirits line of business.
Executives
Robert Federowicz director, officer: CEO & Chairman 495 GRAND BLVD., SUITE 206, MIRAMAR BEACH FL 32550

Aristocrat Group (Aristocrat Group) Headlines