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Infinito Gold (Infinito Gold) Net-Net Working Capital : $-1.12 (As of Dec. 2014)


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What is Infinito Gold 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.

Infinito Gold's Net-Net Working Capital for the quarter that ended in Dec. 2014 was $-1.12.

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

IGFFF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Infinito Gold Net-Net Working Capital Historical Data

The historical data trend for Infinito Gold'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.

Infinito Gold Net-Net Working Capital Chart

Infinito Gold Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -0.70 -0.87 -0.98 -1.04

Infinito Gold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -1.04 -1.04 -1.11 -1.13 -1.12

Competitive Comparison of Infinito Gold's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Infinito Gold'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.


Infinito Gold's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Infinito Gold's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Infinito Gold Net-Net Working Capital Calculation

Infinito Gold's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2014 is calculated as

Net-Net Working Capital(A: Mar. 2014 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.288+0.75 * 0+0.5 * 0-130.182
-0-0)/124.168
=-1.04

Infinito Gold's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2014 is calculated as

Net-Net Working Capital(Q: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.147+0.75 * 0.087+0.5 * 0-139.192
-0-0)/124.168
=-1.12

* 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.


Infinito Gold  (OTCPK:IGFFF) 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.


Infinito Gold Net-Net Working Capital Related Terms

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Infinito Gold (Infinito Gold) Business Description

Traded in Other Exchanges
N/A
Address
1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1
Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

Infinito Gold (Infinito Gold) Headlines

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