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AWIN (AERWINS Technologies) Net-Net Working Capital : $-9.94 (As of Mar. 2024)


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What is AERWINS Technologies 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.

AERWINS Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-9.94.

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

AWIN's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 7.27
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

AERWINS Technologies Net-Net Working Capital Historical Data

The historical data trend for AERWINS Technologies'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.

AERWINS Technologies Net-Net Working Capital Chart

AERWINS Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
10.26 -222.81 -17.15 -31.17

AERWINS Technologies Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -22.95 -27.82 -28.45 -31.17 -9.94

Competitive Comparison of AERWINS Technologies's Net-Net Working Capital

For the Scientific & Technical Instruments subindustry, AERWINS Technologies'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.

AERWINS Technologies's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AERWINS Technologies's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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AERWINS Technologies Net-Net Working Capital Calculation

AERWINS Technologies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.002+0.75 * 0+0.5 * 0-19.547
-0-0)/0.627
=-31.17

AERWINS Technologies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.163+0.75 * 0+0.5 * 0-8.967
-0-0)/0.886
=-9.94

* 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.

AERWINS Technologies  (OTCPK:AWIN) 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.

AERWINS Technologies Net-Net Working Capital Related Terms

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AERWINS Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AERWINS Technologies Inc (OTCPK:AWIN) » Definitions » Net-Net Working Capital
Comparable Companies
IST:PRKME IST:PKART IST:TUKAS IST:AKENR IST:VKGYO IST:EKOS IST:YGYO IST:SELVA IST:ASGYO IST:ADESE TSE:6861 GRMN KEYS OSTO:HEXA B FTV TDY TRMB COHR TSE:7701 MKSI
Traded in Other Exchanges
N/A
Address
691 Mill Street, The Walnut Building, Suite 2, Los Angeles, CA, USA, 90021
Website
https://www.aerwins.us
AERWINS Technologies Inc is Designing and Developing Manned and Unmanned Crafts for Low Altitude Airspace. It aims to realize an Air Mobility Society in which cars, specialized crafts, and drones can fly freely. It aligns vehicles with the stringent requirements of the Federal Aviation Administration's (FAA) Powered Ultra-Light Air Vehicle Category, setting a new standard for safe low-altitude manned flight.
Executives
Shuhei Komatsu director, 10 percent owner, officer: Chairman of the Board and CEO # 4510, 4-20-2 SHIBAURA, MINATO-KU, TOKYO M0 0000
Daisuke Katano director, officer: Chief Operating Officer(1) #1701 2-17-50 AKASAKA, MINATO-KU, TOKYO M0 107-0052
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Steve Iwamura director 643 ILALO STREET, HONOLULU HI 96813
Kensuke Okabe officer: Chief Financial Officer #505, 7-4-4, KITAYAMATA,, TSUZUKI-KU, YOKOHAMA M0 0000
Kazuo Miura officer: Chief Product Officer 4-5-13 EDAHIGASHI, TSUZUKI-KU, YOKOHAMA M0 224-0006
Marehiko Yamada director 7-5-20, FUKASAWA, SETAGAYA-KU, TOKYO M0 158-0081
Taiji Ito director, officer: See Remarks 3-32 KIOICHO, CHIYODA-KU, TOKYO M0 0000
Dustin M Shindo director, 10 percent owner, officer: Chief Executive Officer HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Trisha Nomura officer: Chief Financial Officer 643 ILALO STREET, HONOLULU HI 96813
Hank Wuh director, 10 percent owner, officer: Chief Strategy Officer 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Mehana Equity Llc 10 percent owner 643 ILALO STREET, HONOLULU HI 96813