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DY6 Metals (ASX:DY6) Net-Net Working Capital : A$0.03 (As of Dec. 2024)


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What is DY6 Metals 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.

DY6 Metals's Net-Net Working Capital for the quarter that ended in Dec. 2024 was A$0.03.

The industry rank for DY6 Metals's Net-Net Working Capital or its related term are showing as below:

ASX:DY6's Price-to-Net-Net-Working-Capital is ranked better than
70.94% of 843 companies
in the Metals & Mining industry
Industry Median: 7.29 vs ASX:DY6: 3.50

DY6 Metals Net-Net Working Capital Historical Data

The historical data trend for DY6 Metals'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.

DY6 Metals Net-Net Working Capital Chart

DY6 Metals Annual Data
Trend Dec21 Jun23 Jun24
Net-Net Working Capital
- 0.11 0.04

DY6 Metals Semi-Annual Data
Dec21 Jun23 Dec23 Jun24 Dec24
Net-Net Working Capital - 0.11 0.06 0.04 0.03

Competitive Comparison of DY6 Metals's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, DY6 Metals'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.


DY6 Metals's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DY6 Metals's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where DY6 Metals's Price-to-Net-Net-Working-Capital falls into.


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DY6 Metals Net-Net Working Capital Calculation

DY6 Metals's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.587+0.75 * 0+0.5 * 0-0.26
-0-0)/58.500
=0.04

DY6 Metals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.705+0.75 * 0.08+0.5 * 0-0.057
-0-0)/58.500
=0.03

* 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.


DY6 Metals  (ASX:DY6) 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.


DY6 Metals Net-Net Working Capital Related Terms

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DY6 Metals Business Description

Traded in Other Exchanges
N/A
Address
C/- Minerva Corporate, 99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
DY6 Metals Ltd is a mineral exploration and development company with a focus on heavy rare earth and critical metal projects in Malawi. The company mainly focuses on exploring minerals and metals that are used in the electric vehicle and renewable energy sectors. Its projects include the Tundulu REE Project, Machinga HREE and Nb Project, Ngala Hill PGE, and Salambidwe REE Project.

DY6 Metals Headlines

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