FMBV (Full Motion Beverage) Net-Net Working Capital: $-4.34 (As of Mar. 2008)

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What is Full Motion Beverage Net-Net Working Capital?

Full Motion Beverage FMBV Net-Net Working Capital is $-4.34 as of Mar. 2008.

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.

Full Motion Beverage's Net-Net Working Capital for the quarter that ended in Mar. 2008 was $-4.34.

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

FMBV's Price-to-Net-Net-Working-Capital is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 10.42
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Full Motion Beverage  (OTCPK:FMBV) 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.


Full Motion Beverage Net-Net Working Capital Related Terms


Full Motion Beverage Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Full Motion Beverage'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.

Full Motion Beverage Net-Net Working Capital Chart

Full Motion Beverage Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Net-Net Working Capital
Get a 7-Day Free Trial -0.61 -4.29 -11.39 -15.02 -3.72

Full Motion Beverage Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 -14.88 -9.47 -11.30 -3.72 -4.34

FMBV vs BCCI, BEVS, LBIX: Net-Net Working Capital Comparison

For the Beverages - Non-Alcoholic subindustry, Full Motion Beverage'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.


Full Motion Beverage Price-to-Net-Net-Working-Capital vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Full Motion Beverage's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Full Motion Beverage Net-Net Working Capital Calculation

Full Motion Beverage's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2007 is calculated as

Net-Net Working Capital(A: Dec. 2007 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.004+0.75 * 0+0.5 * 0-1.131
-0-0)/0.303
=-3.72

Full Motion Beverage's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2008 is calculated as

Net-Net Working Capital(Q: Mar. 2008 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-1.315
-0-0)/0.303
=-4.34

* 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 $-4.34 mean?
Full Motion Beverage (FMBV) has a Net-Net Working Capital of $-4.34 as of Mar. 2008. 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 Full Motion Beverage
Is Full Motion Beverage's Net-Net Working Capital too high?
Full Motion Beverage's current Net-Net Working Capital is $-4.34.
How does Full Motion Beverage's Net-Net Working Capital compare to BCCI and BEVS?
Full Motion Beverage's Net-Net Working Capital of $-4.34 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Net-Net Working Capital is 10.42. 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 Beverages - Non-Alcoholic company?
The median Net-Net Working Capital among Beverages - Non-Alcoholic companies is 10.42, based on 47 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 Full Motion Beverage For the Beverages - Non-Alcoholic industry, the median Net-Net Working Capital is 10.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Full Motion Beverage's current Net-Net Working Capital is $-4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Motion Beverage stock overvalued right now?
Full Motion Beverage (FMBV) has a current Net-Net Working Capital of $-4.34. The current Net-Net Working Capital is $-4.34. 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 Full Motion Beverage (FMBV), the current Net-Net Working Capital is $-4.34 as of Mar. 2008. 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.

Full Motion Beverage Business Description

Address 121-24 Dupont Street, Plainview, NY, USA, 11803
Full Motion Beverage Inc is in the business of developing, marketing, and distributing non-alcoholic beverage brands that are either proprietary or exclusively represented. The various non-alcoholic beverage brands in its portfolio are Mojava, a ready-to-drink (RTD) black coffee beverage; Energize, an energy booster drink; Liquid Ice Energy Drink, Manhattan Special Premium Coffee Soda, and all Performaxx and Mojito brand beverages.