GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Technology 4 Venture Capital Trust PLC (LSE:OT4) » Definitions » Net-Net Working Capital

Oxford Technology 4 Venture Capital Trust (LSE:OT4) Net-Net Working Capital : £0.03 (As of Feb. 2022)


View and export this data going back to 2004. Start your Free Trial

What is Oxford Technology 4 Venture Capital Trust 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.

Oxford Technology 4 Venture Capital Trust's Net-Net Working Capital for the quarter that ended in Feb. 2022 was £0.03.

The industry rank for Oxford Technology 4 Venture Capital Trust's Net-Net Working Capital or its related term are showing as below:

LSE:OT4's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.53
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Oxford Technology 4 Venture Capital Trust Net-Net Working Capital Historical Data

The historical data trend for Oxford Technology 4 Venture Capital Trust'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.

Oxford Technology 4 Venture Capital Trust Net-Net Working Capital Chart

Oxford Technology 4 Venture Capital Trust Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.02 0.04 0.03

Oxford Technology 4 Venture Capital Trust Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22
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 0.02 0.04 0.04 0.03 0.03

Competitive Comparison of Oxford Technology 4 Venture Capital Trust's Net-Net Working Capital

For the Asset Management subindustry, Oxford Technology 4 Venture Capital Trust'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.


Oxford Technology 4 Venture Capital Trust's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Technology 4 Venture Capital Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Oxford Technology 4 Venture Capital Trust's Price-to-Net-Net-Working-Capital falls into.



Oxford Technology 4 Venture Capital Trust Net-Net Working Capital Calculation

Oxford Technology 4 Venture Capital Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2022 is calculated as

Net-Net Working Capital(A: Feb. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.403+0+0.75 * 0+0.5 * 0-0.015
-0-0)/11.5169
=0.03

Oxford Technology 4 Venture Capital Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2022 is calculated as

Net-Net Working Capital(Q: Feb. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.403+0+0.75 * 0+0.5 * 0-0.015
-0-0)/11.5169
=0.03

* 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.


Oxford Technology 4 Venture Capital Trust  (LSE:OT4) 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.


Oxford Technology 4 Venture Capital Trust Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Oxford Technology 4 Venture Capital Trust's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Oxford Technology 4 Venture Capital Trust (LSE:OT4) Business Description

Traded in Other Exchanges
N/A
Address
The Magdalen Centre, OT4 Managers Ltd, Oxford Science Park, Oxford, GBR, OX4 4GA
Oxford Technology 4 Venture Capital Trust PLC is an investment company. The company invests in start-up and early-stage technology companies in general located within 60 miles of Oxford. The company's investment portfolio includes Glide Pharma, MirriAd, Diamond Hard Surfaces, Impact Applications, Insense, Historic Futures, ImmunoBiology, Plasma Antennas, Novacta Holdings, Oxis Energy, Arecor, OxTox, Select Technology, Telegesis, Imagineer Systems, Naked Objects, Dynamic Extractions, Orthogem, Biosyntha, Metal Nanopowders, Polytherics, Blue Water Bio, Superhard Materials and Dynamic Discovery. The company's investment manager is Oxford Technology Management Ltd.

Oxford Technology 4 Venture Capital Trust (LSE:OT4) Headlines

No Headlines