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Coro Global (Coro Global) Net-Net Working Capital : $0.00 (As of Jun. 2021)


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What is Coro Global 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.

Coro Global's Net-Net Working Capital for the quarter that ended in Jun. 2021 was $0.00.

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

CGLO's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.21
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Coro Global Net-Net Working Capital Historical Data

The historical data trend for Coro Global'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.

Coro Global Net-Net Working Capital Chart

Coro Global Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.00 -6.13 -0.02 0.01 -

Coro Global Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.04 0.04 - 0.03 -

Competitive Comparison of Coro Global's Net-Net Working Capital

For the Software - Infrastructure subindustry, Coro Global'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.


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

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

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



Coro Global Net-Net Working Capital Calculation

Coro Global's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net-Net Working Capital(A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.584+0.75 * 0+0.5 * 0-0.686
-0-0)/25.1138
=-0.00

Coro Global's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2021 is calculated as

Net-Net Working Capital(Q: Jun. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.768+0.75 * 0+0.5 * 0-0.794
-0-0)/25.4587
=-0.00

* 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.


Coro Global  (OTCPK:CGLO) 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.


Coro Global Net-Net Working Capital Related Terms

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Coro Global (Coro Global) Business Description

Traded in Other Exchanges
N/A
Address
78 SW 7th Street, Suite 500, Miami, FL, USA, 33130
Coro Global Inc is a fintech company that is creating a new financial payment system where gold can be used as money in everyday transactions as easily as fiat currencies. Coro's platform is powered by Distributed Ledger Technology, allowing customers to send and receive global payments and exchange currency, including gold, seamlessly and securely.
Executives
John R Bason director C/O MEDEFILE INTERNATIONAL, INC. 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927
William R Cullen director 1899 WYNKOOP STE 600 DENVER CO 80202
Anthony Paquin director C/O MEDEFILE INTERNATIONAL, INC. 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927
Hauser Milton director, 10 percent owner, officer: President, CEO 2 RIDGEDALE AVENUE SUITE 217 CEDER KNOLLS NJ 07927
Vantage Holding Ltd. 10 percent owner 67 WALL STREET SUITE 2211 NEW YORK NY 10005
Eric Rosenfeld officer: Chief Technical Officer 2 RIDGEDALE AVENUE, SUITE 271 CEDER KNOLLS NJ 07927
David Dorrance officer: VP - Digital Imaging 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927

Coro Global (Coro Global) Headlines