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Blackboxstocks (Blackboxstocks) Net-Net Working Capital : $-0.63 (As of Dec. 2023)


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What is Blackboxstocks 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.

Blackboxstocks's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-0.63.

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

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

Blackboxstocks Net-Net Working Capital Historical Data

The historical data trend for Blackboxstocks'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.

Blackboxstocks Net-Net Working Capital Chart

Blackboxstocks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.82 -0.92 2.18 0.46 -0.63

Blackboxstocks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.46 0.12 -0.21 -0.38 -0.63

Competitive Comparison of Blackboxstocks's Net-Net Working Capital

For the Software - Application subindustry, Blackboxstocks'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.


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

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

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



Blackboxstocks Net-Net Working Capital Calculation

Blackboxstocks'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)
=(0.476+0.75 * 0.018+0.5 * 0.003-2.531
-0.003-0)/3.22302
=-0.63

Blackboxstocks's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.476+0.75 * 0.018+0.5 * 0.003-2.531
-0.003-0)/3.22302
=-0.63

* 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.


Blackboxstocks  (NAS:BLBX) 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.


Blackboxstocks Net-Net Working Capital Related Terms

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


Blackboxstocks (Blackboxstocks) Business Description

Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1485, Dallas, TX, USA, 75240
Blackboxstocks Inc is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Its web-based software (the Blackbox System) employs predictive technology enhanced by artificial intelligence to find volatility and unusual market activity that may result in a rapid change in the price of a stock or option. It provides users with a fully interactive social media platform that is integrated into its dashboard, enabling users to exchange information and ideas quickly and efficiently through a common network. It introduced a live audio/video feature that allows members to broadcast on their channels to share trading strategies and market insight within the Blackbox community.
Executives
Gust Kepler director, 10 percent owner, officer: President 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240
Ray Balestri director 4211 LAKESIDE DRIVE, DALLAS TX 75219
Charles Brandon Smith officer: Chief Technology Officer 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240
Robert L Winspear director, officer: Chief Financial Officer 2200 ROSE AVENUE SUITE 4100 EAST, DALLAS TX 75201
Andrew T Malloy director 19111 NORTH DALLAS PARKWAY, SUITE 200, DALLAS NJ 75287
Dalya Sulaiman director MERKEZ MAH. CAVUSBASI CAD., LALEZAR KONATLAR A-7, CEKMEKOY, ISTANBUL W8 34782
Eric Pharis 10 percent owner 2 LAKE FOREST COURT, TROPHY CLUB TX 76262
Stephen Chiang 10 percent owner 8 KITCHENER LINK, CITY SQUARE RESIDENCES #21-14, SINGAPORE U0 207226
Karma Blackbox, Llc 10 percent owner 2 LAKE FOREST COURT, TROPHY CLUB TX 76262
David Kyle 10 percent owner 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240
Orsolya Peresztegi director, 10 percent owner, officer: Pres, Secy, CEO, CFO 2591 DALLAS PARKWAY, SUITE 102, FRISCO TX 75034

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