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Infinity Mining (ASX:IMI) Net-Net Working Capital : A$0.00 (As of Sep. 2024)


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What is Infinity Mining 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.

Infinity Mining's Net-Net Working Capital for the quarter that ended in Sep. 2024 was A$0.00.

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

ASX:IMI's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.25
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Infinity Mining Net-Net Working Capital Historical Data

The historical data trend for Infinity Mining'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.

Infinity Mining Net-Net Working Capital Chart

Infinity Mining Annual Data
Trend Mar22 Mar23 Mar24
Net-Net Working Capital
0.07 0.03 -

Infinity Mining Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial 0.05 0.03 0.01 - -

Competitive Comparison of Infinity Mining's Net-Net Working Capital

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


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

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

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


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Infinity Mining Net-Net Working Capital Calculation

Infinity Mining's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.251+0.75 * 0+0.5 * 0-0.605
-0-0)/118.753
=-0.00

Infinity Mining's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.029+0.75 * 0.032+0.5 * 0-0.528
-0-0)/135.744
=-0.00

* 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.


Infinity Mining  (ASX:IMI) 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.


Infinity Mining Net-Net Working Capital Related Terms

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Infinity Mining Business Description

Traded in Other Exchanges
N/A
Address
40-52 McDougall Street, Suite 1G, Level 1, Corporate House, Kings Row Office Park, Milton, QLD, AUS, 4064
Infinity Mining Ltd is a mineral mining and exploration company. The company holds the Pilbara Projects in the Pilbara region of Western Australia comprising an extensive portfolio of gold, copper, zinc, and lithium exploration tenements.

Infinity Mining Headlines

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