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IDT (IDT) Net-Net Working Capital : $-3.27 (As of Oct. 2024)


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What is IDT 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.

IDT's Net-Net Working Capital for the quarter that ended in Oct. 2024 was $-3.27.

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

IDT's Price-to-Net-Net-Working-Capital is not ranked *
in the Telecommunication Services industry.
Industry Median: 10.115
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

IDT Net-Net Working Capital Historical Data

The historical data trend for IDT'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.

IDT Net-Net Working Capital Chart

IDT Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.24 -5.79 -6.31 -5.57 -3.14

IDT Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -4.48 -4.12 -3.93 -3.14 -3.27

Competitive Comparison of IDT's Net-Net Working Capital

For the Telecom Services subindustry, IDT'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.


IDT's Price-to-Net-Net-Working-Capital Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, IDT's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



IDT Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Jul. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(193.004+0.75 * 42.215+0.5 * 0-283.539
-0-20.373)/25.2583
=-3.14

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

Net-Net Working Capital(Q: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(180.364+0.75 * 41.566+0.5 * 0-272.447
-0-21.607)/25.248
=-3.27

* 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.


IDT  (NYSE:IDT) 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.


IDT Net-Net Working Capital Related Terms

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IDT Business Description

Traded in Other Exchanges
Address
520 Broad Street, Newark, NJ, USA, 07102
IDT Corp is a multinational holding company. It operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions; net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.
Executives
Menachem Ash officer: EVP of Strategic&Legal Affairs C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Joyce J Mason director, officer: SVP and Secretary IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Bill Pereira officer: EVP of Finance 520 BROAD STREET, NEWARK NJ 07102
Marcelo Fischer officer: Chief Acct. Offcr. &Controller IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Eric F. Cosentino director C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Nadine Shea officer: EVP of GLOBAL HUMAN RESOURCES C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Mitch Silberman officer: CAO & Controller C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas director, 10 percent owner, officer: Chairman of the Board
David Wartell officer: CHIEF TECHNOLOGY OFFICER C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Liora Stein director C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Judah Schorr director C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Hsj 2019 Idt Annuity Trust Ii 10 percent owner C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Anthony S Davidson officer: SVP - Technology C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Bathgate Lawrence E Ii director C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Michael Chenkin director C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102