GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » EQCO2 Inc (OTCPK:CLNO) » Definitions » Net-Net Working Capital

EQCO2 (CLNO) Net-Net Working Capital : $0.00 (As of Jul. 2013)


View and export this data going back to . Start your Free Trial

What is EQCO2 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.

EQCO2's Net-Net Working Capital for the quarter that ended in Jul. 2013 was $0.00.

The industry rank for EQCO2's Net-Net Working Capital or its related term are showing as below:

CLNO's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 6.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

EQCO2 Net-Net Working Capital Historical Data

The historical data trend for EQCO2'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.

EQCO2 Net-Net Working Capital Chart

EQCO2 Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12
Net-Net Working Capital
Get a 7-Day Free Trial - - - - -

EQCO2 Quarterly Data
Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
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 - - - - -

Competitive Comparison of EQCO2's Net-Net Working Capital

For the Conglomerates subindustry, EQCO2'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.


EQCO2's Price-to-Net-Net-Working-Capital Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, EQCO2's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where EQCO2's Price-to-Net-Net-Working-Capital falls into.



EQCO2 Net-Net Working Capital Calculation

EQCO2's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2012 is calculated as

Net-Net Working Capital(A: Oct. 2012 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.001+0.75 * 0+0.5 * 0-0.106
-0.001-0)/1304.38
=-0.00

EQCO2's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2013 is calculated as

Net-Net Working Capital(Q: Jul. 2013 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.015+0.75 * 0+0.5 * 0-0.284
-0-0)/1660.15
=-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.


EQCO2  (OTCPK:CLNO) 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.


EQCO2 Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of EQCO2's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


EQCO2 (CLNO) Business Description

Traded in Other Exchanges
N/A
Address
EQCO2 Inc, formerly Cleantech Transit Inc, is a development stage company.
Executives
Bosket Kenneth Cornell Sr director, officer: President and CEO 1453 FLINTROCK ROAD, HENDERSON NV 89014
Montse Zaman director, officer: Secretary and Treasurer 11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Lowell Thomas Holden director, officer: CFO 631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408

EQCO2 (CLNO) Headlines

No Headlines