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CBDS (Dogecoin Cash) Net-Net Working Capital : $-0.03 (As of Jun. 2024)


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What is Dogecoin Cash 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.

Dogecoin Cash's Net-Net Working Capital for the quarter that ended in Jun. 2024 was $-0.03.

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

CBDS's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.43
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Dogecoin Cash Net-Net Working Capital Historical Data

The historical data trend for Dogecoin Cash'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.

Dogecoin Cash Net-Net Working Capital Chart

Dogecoin Cash 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 -0.12 -0.07 -0.08 -0.04 -0.03

Dogecoin Cash Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.05 -0.04 -0.03 -0.03 -0.03

Competitive Comparison of Dogecoin Cash's Net-Net Working Capital

For the Health Information Services subindustry, Dogecoin Cash'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.


Dogecoin Cash's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dogecoin Cash's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Dogecoin Cash Net-Net Working Capital Calculation

Dogecoin Cash'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)
=(0.15+0.75 * 0+0.5 * 0-1.263
-0-1.36)/88.814
=-0.03

Dogecoin Cash's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.087+0.75 * 0+0.5 * 0-1.648
-0-1.323)/103.015
=-0.03

* 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.


Dogecoin Cash  (OTCPK:CBDS) 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.


Dogecoin Cash Net-Net Working Capital Related Terms

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Dogecoin Cash Business Description

Traded in Other Exchanges
N/A
Address
355 West Mesquite Boulevard, No. C70, Mesquite, NV, USA, 89027
Dogecoin Cash Inc formerly Cannabis Sativa Inc along with its subsidiaries engages in the telemedicine business. The company offers an online telemedicine platform providing customers access to knowledgeable physicians to obtain a medical marijuana recommendation.
Executives
David Tobias director, 10 percent owner PO BOX 1602, MESQUITE NV 89024
Brad E Herr director, officer: Chief Financial Officer 5413 S SAYBROOK LANE, SPOKANE WA 99223
Tankson Robert N. Iii director 6057 RYAN RANCH AVE, LAS VEGAS NV 89130
Donald Lundbom officer: CHIEF FINANCIAL OFFICER 37177 N WILD BARLEY PATH, SAN TAN VALLEY AZ 85140
Sadia P Barrameda 10 percent owner PO BOX 1363, DISCOVERY BAY CA 94505
Mike Gravel director 4467 OCEAN HEIGHTS CT,, SEASIDE CA 93955
Stephen Michael Downing director 152 LA VERNE AVENUE, LONG BEACH CA 90803
Debby Goldsberry director 1707 LEIMERT BLVD, OAKLAND CA 94607
Trevor S Reed director 20 BRAZOS TRAIL COURT, PLACITAS NM 87043
Catherine J Carroll director, officer: CFO and Treasurer 450 HILLSIDE DRIVE A224, MESQUITE NV 89027
James Polin Gray director 2531 CRESTVIEW DRIVE, NEWPORT BEACH CA 92663
Gary Earl Johnson director, officer: President, CEO & Secretary P.O. BOX 1858, EL PRADO NM 87529
Steve Kubby director, 10 percent owner, officer: Chairman of the Board 317 JUDITH'S FANCY, ST. CROIX VI 00823-5335
Barry Robert Tobias director 7305 DAMSEL LANE, FAIRVIEW TN 37062
Kirk Blosch 10 percent owner 2081 SOUTH LAKELINE DR, SALT LAKE CITY UT 84109