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IPEU (IPE Universal) Net-Net Working Capital : $-512.39 (As of Jun. 2012)


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What is IPE Universal 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.

IPE Universal's Net-Net Working Capital for the quarter that ended in Jun. 2012 was $-512.39.

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

IPEU's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 8.61
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

IPE Universal Net-Net Working Capital Historical Data

The historical data trend for IPE Universal'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.

IPE Universal Net-Net Working Capital Chart

IPE Universal Annual Data
Trend Jun09 Jun10 Jun11
Net-Net Working Capital
-6.50 -1,007.75 -452.38

IPE Universal Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Net-Net Working Capital -6.50 -1,007.75 -452.38 -512.39

Competitive Comparison of IPE Universal's Net-Net Working Capital

For the Software - Application subindustry, IPE Universal'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.


IPE Universal's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

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


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IPE Universal Net-Net Working Capital Calculation

IPE Universal's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2011 is calculated as

Net-Net Working Capital(A: Jun. 2011 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.021+0.75 * 1.37+0.5 * 0-2.858
-0-0)/0.004
=-452.38

IPE Universal's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2012 is calculated as

Net-Net Working Capital(Q: Jun. 2012 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.018+0.75 * 2.319+0.5 * 0-5.344
-0-0)/0.007
=-512.39

* 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.


IPE Universal  (OTCPK:IPEU) 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.


IPE Universal Net-Net Working Capital Related Terms

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IPE Universal Business Description

Traded in Other Exchanges
N/A
Address
610 Hawkcrest Circle, Sacramento, CA, USA, 95835
IPE Universal Inc is engaged in developing childhood education software systems. The company is engaged in high-tech business developing early childhood education software systems located in Taiwan and China. The company also provides education programs, products, services and technological products but also licenses IP services to businesses, NFTs, Crypto, Virtual Real Estate, Metaverse (Virtual World), and merchandise.
Executives
Matthew J. Riedel director 1312 NORTH MONROE, SUITE 750, SPOKANE WA 99201
Looi Valerie Hoi Fah director, officer: SECRETARY A-1-5 BLOCK A JAYA ONE, 72A JALAN UNIVERSITI, PETALING JAYA, SELANGOR N8 46200
Chee Hong Leong director A-1-5 BLOCK A JAYA ONE, 72A JALAN UNIVERSITI, PETALING JAYA, SELANGOR N8 46200
Hon-kit Wong officer: Treasurer, CFO A-1-5 BLOCK A JAYA ONE, 72A JALAN UNIVERSITI, PETALING JAYA, SELANGOR N8 46200
Mohd Aris Bernawi director A-1-5 BLOCK A JAYA ONE, 72A JALAN UNIVERSITI, PETALING JAYA, SELANGOR N8 46200
Aik-fun Chong officer: President, CEO A-1-5 BLOCK A JAYA ONE, 72A JALAN UNIVERSITI, PETALING JAYA, SELANGOR N8 46200
Scott Wetzel director, officer: President 25 WEST CATALDO, SUITE A, SPOKANE WA 99201
Ted Stanley Wagner director, officer: Vice President 35925 N PIKE RD, DEER PARK WA 99006
Raymond Kuh director, officer: Secretary 1314 S GRAND BLVD, SUITE 2-176, SPOKANE WA 99202