GURUFOCUS.COM » STOCK LIST » Technology » Software » Iomart Group PLC (OTCPK:IMRTF) » Definitions » Net-Net Working Capital

Iomart Group (Iomart Group) Net-Net Working Capital : $-0.78 (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Iomart Group 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.

Iomart Group's Net-Net Working Capital for the quarter that ended in Sep. 2023 was $-0.78.

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

IMRTF's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.21
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Iomart Group Net-Net Working Capital Historical Data

The historical data trend for Iomart Group'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.

Iomart Group Net-Net Working Capital Chart

Iomart Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.85 -1.03 -1.05 -0.82 -0.82

Iomart Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.81 -0.82 -0.73 -0.82 -0.78

Competitive Comparison of Iomart Group's Net-Net Working Capital

For the Software - Infrastructure subindustry, Iomart Group'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.


Iomart Group's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Iomart Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Iomart Group Net-Net Working Capital Calculation

Iomart Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.769+0.75 * 15.909+0.5 * 0-119.078
-0-0)/110.563
=-0.82

Iomart Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.209+0.75 * 31.412+0.5 * 0-123.984
-0-0)/112.061
=-0.78

* 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.


Iomart Group  (OTCPK:IMRTF) 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.


Iomart Group Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Iomart Group's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Iomart Group (Iomart Group) Business Description

Traded in Other Exchanges
Address
55 Robertson Street, 6 Atlantic Quay, Glasgow, GBR, G2 8JD
Iomart Group PLC is engaged in the provision of managed cloud services. The company's reportable segment includes Easyspace and Cloud Services. The Cloud Services segment provides managed cloud computing facilities and services, through a network of owned data centers to the larger SME and corporate markets. The Easyspace segment provides a range of shared hosting and domain registration services to micro and SME companies. It generates maximum revenue from the Cloud Services segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the Rest of the World.

Iomart Group (Iomart Group) Headlines