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Openn Negotiation (ASX:OPN) Net-Net Working Capital : A$0.00 (As of Dec. 2023)


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What is Openn Negotiation 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.

Openn Negotiation's Net-Net Working Capital for the quarter that ended in Dec. 2023 was A$0.00.

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

ASX:OPN's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Openn Negotiation Net-Net Working Capital Historical Data

The historical data trend for Openn Negotiation'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.

Openn Negotiation Net-Net Working Capital Chart

Openn Negotiation Annual Data
Trend Jun22
Net-Net Working Capital
-

Openn Negotiation Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial 0.02 - - - -

Competitive Comparison of Openn Negotiation's Net-Net Working Capital

For the Real Estate Services subindustry, Openn Negotiation'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.


Openn Negotiation's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Openn Negotiation's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Openn Negotiation Net-Net Working Capital Calculation

Openn Negotiation's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2022 is calculated as

Net-Net Working Capital(A: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.619+0.75 * 0+0.5 * 0-0.891
-0-0)/369.955
=0.00

Openn Negotiation'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)
=(0.876+0.75 * 0.199+0.5 * 0-0.49
-0-0)/1129.18
=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.


Openn Negotiation  (ASX:OPN) 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.


Openn Negotiation Net-Net Working Capital Related Terms

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Openn Negotiation (ASX:OPN) Business Description

Traded in Other Exchanges
N/A
Address
4 Stirling Road, Level 1, PO Box 896, Claremont, WA, AUS, 6910
Openn Negotiation Ltd operates a property technology business providing a proprietary cloud-based software platform to support real estate agents in selling property online with greater transparency. Its revenues are majorly driven by the number of agents certified to use the Openn platform and the number of properties uploaded for sale through the Openn platform each month. Geographically company derives key revenue from Australia and includes The USA.

Openn Negotiation (ASX:OPN) Headlines

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