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Black Box Entertainment (Black Box Entertainment) Net-Net Working Capital : $-0.01 (As of May. 2023)


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What is Black Box Entertainment 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.

Black Box Entertainment's Net-Net Working Capital for the quarter that ended in May. 2023 was $-0.01.

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

BBOE's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Black Box Entertainment Net-Net Working Capital Historical Data

The historical data trend for Black Box Entertainment'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.

Black Box Entertainment Net-Net Working Capital Chart

Black Box Entertainment Annual Data
Trend May07 May08 May09 May10 May11 May22 May23
Net-Net Working Capital
Get a 7-Day Free Trial 1.99 5.05 -0.90 -0.01 -0.01

Black Box Entertainment Semi-Annual Data
May07 May08 May09 May10 May11 May22 May23
Net-Net Working Capital Get a 7-Day Free Trial 1.99 5.05 -0.90 -0.01 -0.01

Competitive Comparison of Black Box Entertainment's Net-Net Working Capital

For the Shell Companies subindustry, Black Box Entertainment'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.


Black Box Entertainment's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Black Box Entertainment's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Black Box Entertainment Net-Net Working Capital Calculation

Black Box Entertainment's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2023 is calculated as

Net-Net Working Capital(A: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.045
-0-0)/3.82246
=-0.01

Black Box Entertainment's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2023 is calculated as

Net-Net Working Capital(Q: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.045
-0-0)/3.82246
=-0.01

* 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.


Black Box Entertainment  (OTCPK:BBOE) 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.


Black Box Entertainment Net-Net Working Capital Related Terms

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Black Box Entertainment (Black Box Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen's Road Central, The Center, Room 2210, 22F, Hong Kong, HKG, 6719
Black Box Entertainment Ltd intends to develop a business, seek for a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the gaming industry relating to offline and online immersive, role-play games.
Executives
David Graham Foot director 7F ROBINSON CYBERGATE, CEBU CITY R6 6000
Joseph S Duryea officer: President 13424 BEDFORD AVE, OMAHA NE 68164
Michael Palasick officer: CFO 14204 HARVINGTON DR., HUNTERSVILLE NC 28078
Aina Mae Dumlao-johns director, 10 percent owner, officer: Secretary #1 COMPUND, WHITE HILLS, CEBU R6 00000
Christopher S Johns director, 10 percent owner, officer: CEO #1 COMPUND, WHITE HILLS, CEBU R6 00000

Black Box Entertainment (Black Box Entertainment) Headlines

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