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ATCH (AtlasClear Holdings) Net-Net Working Capital : $-4.69 (As of Sep. 2024)


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What is AtlasClear Holdings 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.

AtlasClear Holdings's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-4.69.

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

ATCH's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 8.41
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

AtlasClear Holdings Net-Net Working Capital Historical Data

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Net-Net Working Capital Chart

AtlasClear Holdings Annual Data
Trend Jun22 Jun23
Net-Net Working Capital
-3.64 -1.82

AtlasClear Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only - 3.65 -8.04 -7.10 -4.69

Competitive Comparison of AtlasClear Holdings's Net-Net Working Capital

For the Software - Infrastructure subindustry, AtlasClear Holdings'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.


AtlasClear Holdings's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, AtlasClear Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



AtlasClear Holdings Net-Net Working Capital Calculation

AtlasClear Holdings'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)
=(9.098+0.75 * 0.196+0.5 * 0-30.652
-0-0)/11.782
=-1.82

AtlasClear Holdings'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)
=(6.817+0.75 * 0.171+0.5 * 0-79.157
-0-0)/15.384
=-4.69

* 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.


AtlasClear Holdings  (AMEX:ATCH) 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.


AtlasClear Holdings Net-Net Working Capital Related Terms

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AtlasClear Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4030 Henderson Boulevard, Suite 712, Tampa, FL, USA, 33629
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products with a focus on financial services firms. It is a fintech-driven business-to-business platform that expects to power innovation in fintech, investing, and trading. The company believes it is positioned to provide a modern, mission-critical suite of solutions to its clients, enabling them to reduce their transaction costs and compete more effectively in their businesses.