Mighty Kingdom (ASX:MKL) Net-Net Working Capital : A$0.00 (As of Dec. 2024)

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What is Mighty Kingdom 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.

Mighty Kingdom's Net-Net Working Capital for the quarter that ended in Dec. 2024 was A$0.00.

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

ASX:MKL's Price-to-Net-Net-Working-Capital is not ranked ^*
in the Interactive Media industry.
Industry Median: 5.57
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mighty Kingdom Net-Net Working Capital Historical Data

The historical data trend for Mighty Kingdom'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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Mighty Kingdom Net-Net Working Capital Chart

Mighty Kingdom Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Net-Net Working Capital

0.26

-0.04

-0.08

Mighty Kingdom Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Net-Net Working Capital	Get a 7-Day Free Trial				-0.10	-0.08	-0.02	-	-

Competitive Comparison of Mighty Kingdom's Net-Net Working Capital

For the Electronic Gaming & Multimedia subindustry, Mighty Kingdom'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.

Mighty Kingdom's Price-to-Net-Net-Working-Capital Distribution in the Interactive Media Industry

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

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

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Mighty Kingdom Net-Net Working Capital Calculation

Mighty Kingdom'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)
=	(3.367	+	0.75 * 0.131	+	0.5 * 0	-	3.63
-	0	-	0)	/	250.129
=	-0.00

Mighty Kingdom'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)
=	(0.276	+	0.75 * 3.708	+	0.5 * 0	-	3.184
-	0	-	0)	/	252.074
=	-0.00

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.

Mighty Kingdom (ASX:MKL) 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.

Mighty Kingdom Net-Net Working Capital Related Terms

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Mighty Kingdom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Mighty Kingdom Ltd (ASX:MKL) » Definitions » Net-Net Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

169 Fullarton Road, Level 1, Dulwich, SA, AUS, 5065

Website

https://www.mightykingdom.com

Mighty Kingdom Ltd is engaged in the development of games. The Group's principal activities are developing a broad portfolio of video games for console, PC, and mobile platforms. It has worked with companies including Disney, LEGO, Australian Red Cross, Funcom, Rogue, and Snapchat. Some of the games developed by the company include Sugar Slam, Ava's Manor, Wild Life, Heart Lake Rush, Danger Days, and Shopkins. It has its business activities in one area which is video games development. Mobile games and apps developed and/or published by the Group are made available for customers on different app stores, including Apple's App Store, Google's Google Play, and Valve's Steam Store.