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Wide Open Agriculture (ASX:WOA) Net-Net Working Capital : A$0.00 (As of Dec. 2023)


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What is Wide Open Agriculture 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.

Wide Open Agriculture's Net-Net Working Capital for the quarter that ended in Dec. 2023 was A$0.00.

The industry rank for Wide Open Agriculture's Net-Net Working Capital or its related term are showing as below:

ASX:WOA's Price-to-Net-Net-Working-Capital is ranked better than
95.65% of 598 companies
in the Consumer Packaged Goods industry
Industry Median: 7.28 vs ASX:WOA: 0.90

Wide Open Agriculture Net-Net Working Capital Historical Data

The historical data trend for Wide Open Agriculture'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.

Wide Open Agriculture Net-Net Working Capital Chart

Wide Open Agriculture Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
0.03 0.05 0.09 0.11 0.02

Wide Open Agriculture Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.11 0.06 0.02 -

Competitive Comparison of Wide Open Agriculture's Net-Net Working Capital

For the Packaged Foods subindustry, Wide Open Agriculture'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.


Wide Open Agriculture's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wide Open Agriculture's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Wide Open Agriculture's Price-to-Net-Net-Working-Capital falls into.



Wide Open Agriculture Net-Net Working Capital Calculation

Wide Open Agriculture'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)
=(5.872+0.75 * 1.269+0.5 * 1.953-5.29
-0-0)/143.282
=0.02

Wide Open Agriculture'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)
=(4.204+0.75 * 0.743+0.5 * 2.599-6.816
-0-0)/178.006
=-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.


Wide Open Agriculture  (ASX:WOA) 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.


Wide Open Agriculture Net-Net Working Capital Related Terms

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Wide Open Agriculture (ASX:WOA) Business Description

Traded in Other Exchanges
Address
1 Winton Street, Kewdale, WA, AUS, 6105
Wide Open Agriculture Ltd is an Australia-based regenerative food and agriculture company. The company is into the development of its farmland portfolio and its food brand, Dirty Clean Food, Buntine Protein, and Dirty Clean Food Oat Milk. The company generates the majority of its revenues from sales of Dirty Clean Food products.

Wide Open Agriculture (ASX:WOA) Headlines

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