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AYRO (AYRO) Net-Net Working Capital : $0.25 (As of Mar. 2025)


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What is AYRO 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.

AYRO's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $0.25.

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

AYRO's Price-to-Net-Net-Working-Capital is ranked better than
90.99% of 355 companies
in the Vehicles & Parts industry
Industry Median: 8.7 vs AYRO: 1.68

AYRO Net-Net Working Capital Historical Data

The historical data trend for AYRO'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.

AYRO Net-Net Working Capital Chart

AYRO Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial 10.36 14.55 10.07 -0.69 0.36

AYRO Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.99 1.00 -0.57 0.36 0.25

Competitive Comparison of AYRO's Net-Net Working Capital

For the Auto Manufacturers subindustry, AYRO'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.


AYRO's Price-to-Net-Net-Working-Capital Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AYRO's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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AYRO Net-Net Working Capital Calculation

AYRO's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20.125+0.75 * 0+0.5 * 0-9.469
-7.588-0)/8.541
=0.36

AYRO's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.298+0.75 * 0+0.5 * 0-9.784
-3.365-0)/8.541
=0.25

* 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.


AYRO  (NAS:AYRO) 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.


AYRO Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of AYRO's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


AYRO Business Description

Traded in Other Exchanges
N/A
Address
1185 Avenue of the Americas, New York, NY, USA, 10036
AYRO Inc designs and manufactures compact, sustainable electric vehicles for closed campus mobility, low-speed urban and community transport, local on-demand and last-mile delivery, and government use. It operates as one reportable segment, focusing on the manufacturing and sales of environmentally-conscious, minimal-footprint EVs.
Executives
Joshua Silverman director IROQUOIS CAPITAL MANAGEMENT LLC, 205 EAST 42ND ST - 20TH FL., NEW YORK NY 10017
Zvi Joseph director C/O DROPCAR, INC., 1412 BROADWAY, SUITE 2105, NEW YORK NY 10018
Gregory T Schiffman director 1030 NW JOHNSON ST, UNIT 608, PORTLAND OR 97209
Sebastian Giordano director ONE EAST UWCHLAN AVENUE, SUITE 301, EXTON PA 19341
George Devlin director COMPAQ COMPUTER CORP, P O BOX 692000 MC: 110701, HOUSTON TX 77269
Wayne Remell Walker director 1515 MARKET STREET, SUITE 1720, PHILADELPHIA PA 19103
Thomas Michael Wittenschlaeger officer: Chief Executive Officer RAPTOR NETWORKS TECHNOLOGY, 65 ENTERPRISE RD., ALISO VIEJO CA 92656
David E. Hollingsworth officer: Interim CFO 319 FLAT ROCK DR., HUTTO TX 78634
Keller Rodney C. Jr. director, officer: Chief Executive Officer 900 E. OLD SETTLERS BLVD., SUITE 100, ROUND ROCK TX 78664
Richard Perley officer: Chief Marketing Officer 900 E. OLD SETTLERS BLVD., SUITE 100, ROUND ROCK TX 78664
Curtis Ellis Smith officer: Chief Financial Officer 900 E. OLD SETTLERS BLVD., SUITE 100, ROUND ROCK TX 78664
Brian Ray Groh officer: Chief of Business Development 825 WEST DRUMFRIES ROAD N., PARIS A6 N3L 3E2
Mark Adams director, 10 percent owner 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Victoria C Pasquale officer: Chief Human Resources Officer C/O DROPCAR, INC., 1412 BROADWAY, SUITE 2105, NEW YORK NY 1008
Capital Anstalt Alpha 10 percent owner LETTSTRASSE 32, FL-9490, VADUZ N2 00000

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