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LIQT (LiqTech International) Net-Net Working Capital : $-1.35 (As of Sep. 2024)


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What is LiqTech International 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.

LiqTech International's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-1.35.

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

LIQT'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.

LiqTech International Net-Net Working Capital Historical Data

The historical data trend for LiqTech International'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.

LiqTech International Net-Net Working Capital Chart

LiqTech International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.20 -4.79 0.38 -0.73

LiqTech International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.25 -0.73 -0.90 -1.01 -1.35

Competitive Comparison of LiqTech International's Net-Net Working Capital

For the Pollution & Treatment Controls subindustry, LiqTech International'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.


LiqTech International's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

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

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



LiqTech International Net-Net Working Capital Calculation

LiqTech International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.481+0.75 * 3.171+0.5 * 5.268-18.696
-0-0)/5.72731
=-0.73

LiqTech International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.535+0.75 * 2.318+0.5 * 6.264-17.304
-0-0)/5.8485
=-1.35

* 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.


LiqTech International  (NAS:LIQT) 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.


LiqTech International Net-Net Working Capital Related Terms

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LiqTech International Business Description

Traded in Other Exchanges
N/A
Address
Industriparken 22C, Ballerup, DNK, DK 2750
LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics.
Executives
Simon Seidelin Stadil officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Martin Kunz director INDUSTRIPARKEN 22C, BALLERUP G7 2750
Fei Chen director, officer: Chief Executive Officer STOLBERGSVEJ 23, HORSHOLM G7 2970
Richard A Meeusen director P O BOX 23099, MILWAUKEE WI 532230099
Peyton Boswell director 805 THIRD AVE., 20TH FLOOR, NEW YORK NY 10022
Mark Vernon director 200 SOUTH BISCAYNE BLVD, MIAMI FL 33131
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Laurence W Lytton 10 percent owner 467 CENTRAL PARK WEST, NY NY 10025
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Claus Toftegaard officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Peter Leifland director VALEVAGEN 21,5-18264, DJURSHOLM V7 00000
Joel Gay director 10264 NW 75TH TERRACE, DORAL FL 33178
Norman H Pessin other: See Explanation of Responses C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin other: See Explanation of Responses C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin other: See Explanation of Responses 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021