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Green Block Mining (Green Block Mining) Net-Net Working Capital : $-0.16 (As of Aug. 2021)


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What is Green Block Mining 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.

Green Block Mining's Net-Net Working Capital for the quarter that ended in Aug. 2021 was $-0.16.

The industry rank for Green Block Mining's Net-Net Working Capital or its related term are showing as below:

LGLOF's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.27
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Green Block Mining Net-Net Working Capital Historical Data

The historical data trend for Green Block Mining'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.

Green Block Mining Net-Net Working Capital Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Net-Net Working Capital
- -0.05 -0.20

Green Block Mining Quarterly Data
Aug18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.15 -0.20 -0.32 -0.17 -0.16

Competitive Comparison of Green Block Mining's Net-Net Working Capital

For the Software - Application subindustry, Green Block Mining'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.


Green Block Mining's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

* The bar in red indicates where Green Block Mining's Price-to-Net-Net-Working-Capital falls into.



Green Block Mining Net-Net Working Capital Calculation

Green Block Mining's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2020 is calculated as

Net-Net Working Capital(A: Nov. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.01+0.75 * 0+0.5 * 0-7.214
-0-0)/36.684
=-0.20

Green Block Mining's Net-Net Working Capital (NNWC) per share for the quarter that ended in Aug. 2021 is calculated as

Net-Net Working Capital(Q: Aug. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.055+0.75 * 0.861+0.5 * 0-10.11
-0-0)/57.7051
=-0.16

* 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.


Green Block Mining  (OTCPK:LGLOF) 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.


Green Block Mining Net-Net Working Capital Related Terms

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Green Block Mining (Green Block Mining) Business Description

Traded in Other Exchanges
N/A
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.