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JFTH (Japan Food Tech Holdings) Net-Net Working Capital : $0.00 (As of Jun. 2024)


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What is Japan Food Tech Holdings 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.

Japan Food Tech Holdings's Net-Net Working Capital for the quarter that ended in Jun. 2024 was $0.00.

The industry rank for Japan Food Tech Holdings's Net-Net Working Capital or its related term are showing as below:

JFTH's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Japan Food Tech Holdings Net-Net Working Capital Historical Data

The historical data trend for Japan Food Tech Holdings'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.

Japan Food Tech Holdings Net-Net Working Capital Chart

Japan Food Tech Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.64 -0.37 -0.11 - -

Japan Food Tech Holdings Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of Japan Food Tech Holdings's Net-Net Working Capital

For the Pollution & Treatment Controls subindustry, Japan Food Tech Holdings'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.


Japan Food Tech Holdings's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Japan Food Tech Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Japan Food Tech Holdings's Price-to-Net-Net-Working-Capital falls into.


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Japan Food Tech Holdings Net-Net Working Capital Calculation

Japan Food Tech Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.009+0.75 * 0.011+0.5 * 0-0.05
-0-0)/13.709
=-0.00

Japan Food Tech Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 0.006+0.5 * 0-0.049
-0-0)/95.709
=-0.00

* 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.


Japan Food Tech Holdings  (OTCPK:JFTH) 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.


Japan Food Tech Holdings Net-Net Working Capital Related Terms

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Japan Food Tech Holdings Business Description

Traded in Other Exchanges
N/A
Address
3F K’s Minamiaoyama 6-6-20 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Japan Food Tech Holdings Inc formerly Dr. Foods Inc, acts as an importer, reseller, developer, and manufacturer of various plant-based food products to replace traditional animal products while retaining the taste and texture of the original.
Executives
Jeff Stockdale director, 10 percent owner, officer: President 461 ELLIOTT AVE WEST, SEATTLE WA 98119
Jeff R. Mitchell director, 10 percent owner C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022