COSG (Grand Gallery) Net-Net Working Capital: $-180.18 (As of Mar. 2025)

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What is Grand Gallery Net-Net Working Capital?

Grand Gallery COSG -11.54% Net-Net Working Capital is $-180.18 as of Mar. 2025.

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.

Grand Gallery's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $-180.18.

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

COSG's Price-to-Net-Net-Working-Capital is not ranked *
in the Credit Services industry.
Industry Median: 7.05
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Grand Gallery  (OTCPK:COSG) 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.

Grand Gallery Net-Net Working Capital Related Terms

Grand Gallery Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Grand Gallery'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.

Grand Gallery Net-Net Working Capital Chart

Grand Gallery Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial -14,226.75 -1,191.71 -1,410.22 -674.64 -180.04

Grand Gallery Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -279.90 -363.58 -364.42 -180.04 -180.18

COSG vs V, MA, AXP: Net-Net Working Capital Comparison

For the Credit Services subindustry, Grand Gallery'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.

Grand Gallery Price-to-Net-Net-Working-Capital vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Grand Gallery's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


Grand Gallery Net-Net Working Capital Calculation

Grand Gallery's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.043+0+0.75 * 0+0.5 * 0-41.272
-0-0)/0.229
=-180.04

Grand Gallery's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.024+0+0.75 * 0+0.5 * 0-41.285
-0-0)/0.229
=-180.18

* 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.

What does a Net-Net Working Capital of $-180.18 mean?
Grand Gallery (COSG) has a Net-Net Working Capital of $-180.18 as of Mar. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Grand Gallery
Is Grand Gallery's Net-Net Working Capital too high?
Grand Gallery's current Net-Net Working Capital is $-180.18.
How does Grand Gallery's Net-Net Working Capital compare to V and MA?
Grand Gallery's Net-Net Working Capital of $-180.18 can be compared against companies in the Credit Services industry. The industry median Net-Net Working Capital is 7.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Credit Services company?
The median Net-Net Working Capital among Credit Services companies is 7.05, based on 75 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Grand Gallery For the Credit Services industry, the median Net-Net Working Capital is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Gallery's current Net-Net Working Capital is $-180.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Gallery stock overvalued right now?
Grand Gallery (COSG) has a current Net-Net Working Capital of $-180.18. The current Net-Net Working Capital is $-180.18. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Grand Gallery (COSG), the current Net-Net Working Capital is $-180.18 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grand Gallery Business Description

Address 16 Science Park East Avenue, 6th Floor, Harbour View 2, Hong Kong Science Park, NT, Shatin, Hong Kong, HKG
Grand Gallery Inc blockchain DOT technology company. It currently operates an online platform for the sale and distribution of arts and collectibles around the world, through the use of blockchain technologies and minting tokens.