GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kelyniam Global Inc (OTCPK:KLYG) » Definitions » Net-Net Working Capital

Kelyniam Global (Kelyniam Global) Net-Net Working Capital : $-0.01 (As of Mar. 2008)


View and export this data going back to 2008. Start your Free Trial

What is Kelyniam Global 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.

Kelyniam Global's Net-Net Working Capital for the quarter that ended in Mar. 2008 was $-0.01.

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

KLYG's Price-to-Net-Net-Working-Capital is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 6.21
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Kelyniam Global Net-Net Working Capital Historical Data

The historical data trend for Kelyniam Global'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.

Kelyniam Global Net-Net Working Capital Chart

Kelyniam Global Annual Data
Trend Dec06 Dec07
Net-Net Working Capital
-0.01 -0.01

Kelyniam Global Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
Net-Net Working Capital Get a 7-Day Free Trial -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Kelyniam Global's Net-Net Working Capital

For the Medical Devices subindustry, Kelyniam Global'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.


Kelyniam Global's Price-to-Net-Net-Working-Capital Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelyniam Global's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Kelyniam Global Net-Net Working Capital Calculation

Kelyniam Global's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2007 is calculated as

Net-Net Working Capital(A: Dec. 2007 )
=(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 * 0.001+0.5 * 0-0.14
-0-0)/19.0276
=-0.01

Kelyniam Global's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2008 is calculated as

Net-Net Working Capital(Q: Mar. 2008 )
=(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 * 0.001+0.5 * 0-0.145
-0-0)/19.5226
=-0.01

* 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.


Kelyniam Global  (OTCPK:KLYG) 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.


Kelyniam Global Net-Net Working Capital Related Terms

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


Kelyniam Global (Kelyniam Global) Business Description

Traded in Other Exchanges
N/A
Address
97 River Road, Suite A, Canton, CT, USA, 06019
Kelyniam Global Inc is a medical device manufacturing company that specializes in the production of custom skull implants utilizing computer-aided design and bio-compatible medical grade polymers.

Kelyniam Global (Kelyniam Global) Headlines