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Volatus Aerospace (FRA:ABB) Net-Net Working Capital : €-0.04 (As of Sep. 2024)


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What is Volatus Aerospace 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.

Volatus Aerospace's Net-Net Working Capital for the quarter that ended in Sep. 2024 was €-0.04.

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

FRA:ABB's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 11.48
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Volatus Aerospace Net-Net Working Capital Historical Data

The historical data trend for Volatus Aerospace'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.

Volatus Aerospace Net-Net Working Capital Chart

Volatus Aerospace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
- -0.01 0.01 -0.03 -0.06

Volatus Aerospace Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.06 -0.06 -0.06 -0.06 -0.04

Competitive Comparison of Volatus Aerospace's Net-Net Working Capital

For the Aerospace & Defense subindustry, Volatus Aerospace'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.


Volatus Aerospace's Price-to-Net-Net-Working-Capital Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Volatus Aerospace's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Volatus Aerospace Net-Net Working Capital Calculation

Volatus Aerospace'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)
=(1.15+0.75 * 2.396+0.5 * 2.04-16.635
-0.241--0.526)/221.347
=-0.06

Volatus Aerospace's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.452+0.75 * 3.853+0.5 * 2.033-22.258
-0.234--0.605)/448.619
=-0.04

* 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.


Volatus Aerospace  (FRA:ABB) 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.


Volatus Aerospace Net-Net Working Capital Related Terms

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Volatus Aerospace Business Description

Comparable Companies
Traded in Other Exchanges
Address
60 Airport Road, Lake Simcoe Regional Airport, Oro-Medonte, ON, CAN, L0L 2E0
Volatus Aerospace Inc is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using piloted and remotely piloted aircraft systems (RPAS or drones). It is committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions.

Volatus Aerospace Headlines

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