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BIZM (Biozoom) Net-Net Working Capital : $0.01 (As of Jun. 2013)


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What is Biozoom 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.

Biozoom's Net-Net Working Capital for the quarter that ended in Jun. 2013 was $0.01.

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

BIZM's Price-to-Net-Net-Working-Capital is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 6.78
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Biozoom Net-Net Working Capital Historical Data

The historical data trend for Biozoom'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.

Biozoom Net-Net Working Capital Chart

Biozoom Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13
Net-Net Working Capital
-0.01 - - - 0.01

Biozoom Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 - - - 0.01 0.01

Competitive Comparison of Biozoom's Net-Net Working Capital

For the Medical Devices subindustry, Biozoom'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.


Biozoom's Price-to-Net-Net-Working-Capital Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Biozoom's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Biozoom Net-Net Working Capital Calculation

Biozoom's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2013 is calculated as

Net-Net Working Capital(A: Mar. 2013 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.974+0.75 * 0+0.5 * 0-0.127
-0.001-0)/59.730
=0.01

Biozoom's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2013 is calculated as

Net-Net Working Capital(Q: Jun. 2013 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.58+0.75 * 0+0.5 * 0-0.128
-0.001-0)/60.025
=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.


Biozoom  (GREY:BIZM) 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.


Biozoom Net-Net Working Capital Related Terms

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Biozoom Business Description

Traded in Other Exchanges
N/A
Address
Wilhelmshoeher Allee 273A, Suite 239, Kassel, DEU, 34131
Biozoom Inc is a United States based company engaged in the development of spectroscopic systems. It offers biozoom antioxidant scanner to detect and measure biomarkers in skin and blood like flavonoids, carotenoids and lycopene. The biozoom antioxidant scanner uses Multiple Spatially Resolved Reflection Spectroscopy to measure the antioxidant level.

Biozoom Headlines

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