Ai-Media Technologies (ASX:AIM) Net-Net Working Capital : A$0.02 (As of Dec. 2023)

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What is Ai-Media Technologies 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.

Ai-Media Technologies's Net-Net Working Capital for the quarter that ended in Dec. 2023 was A$0.02.

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

ASX:AIM's Price-to-Net-Net-Working-Capital is ranked worse than
83.16% of 374 companies
in the Media - Diversified industry
Industry Median: 4.71 vs ASX:AIM: 17.25

Ai-Media Technologies Net-Net Working Capital Historical Data

The historical data trend for Ai-Media Technologies'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.

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Ai-Media Technologies Net-Net Working Capital Chart

Ai-Media Technologies Annual Data

Trend

Jun21

Jun22

Jun23

Net-Net Working Capital

0.04

0.01

Ai-Media Technologies Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net-Net Working Capital	Get a 7-Day Free Trial			0.03	-	0.01	0.01	0.02

Competitive Comparison of Ai-Media Technologies's Net-Net Working Capital

For the Entertainment subindustry, Ai-Media Technologies'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.

Ai-Media Technologies's Price-to-Net-Net-Working-Capital Distribution in the Media - Diversified Industry

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

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

Ai-Media Technologies Net-Net Working Capital Calculation

Ai-Media Technologies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

	Net-Net Working Capital		(A: Jun. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(17.148	+	0.75 * 10.61	+	0.5 * 0.892	-	23.674
-	0	-	0)	/	208.249
=	0.01

Ai-Media Technologies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

	Net-Net Working Capital		(Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.833	+	0.75 * 9.472	+	0.5 * 1.679	-	16.303
-	0	-	0)	/	208.814
=	0.02

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.

Ai-Media Technologies (ASX:AIM) 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.

Ai-Media Technologies Net-Net Working Capital Related Terms

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Ai-Media Technologies (ASX:AIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ai-Media Technologies Ltd (ASX:AIM) » Definitions » Net-Net Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Miller Street, Level 1, North Sydney, NSW, AUS, 2060

Website

https://www.ai-media.tv

Ai-Media Technologies Ltd is a provider of live and recorded captioning, transcription, subtitles, translation, and speech analytics using a proprietary, cloud-based technology platform. The company has three operating segments based on geographical locations: Australia and New Zealand, North America (which includes Canada and the United States of America), and the Rest of the world (which includes the United Kingdom, Singapore, and Malaysia) and the majority of its revenue generates from North America.