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MITI (Mitesco) Net-Net Working Capital : $-2.00 (As of Mar. 2025)


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What is Mitesco 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.

Mitesco's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $-2.00.

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

MITI's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.465
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mitesco Net-Net Working Capital Historical Data

The historical data trend for Mitesco'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.

Mitesco Net-Net Working Capital Chart

Mitesco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.05 -1.96 -4.70 -2.54 -2.72

Mitesco Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.61 -2.54 -1.41 -2.72 -2.00

Competitive Comparison of Mitesco's Net-Net Working Capital

For the Health Information Services subindustry, Mitesco'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.


Mitesco's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mitesco's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Mitesco Net-Net Working Capital Calculation

Mitesco's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.003+0.75 * 0.03+0.5 * 0-26.606
-0-0)/9.762
=-2.72

Mitesco's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0.044+0.5 * 0-22.341
-0-0)/11.157
=-2.00

* 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.


Mitesco  (OTCPK:MITI) 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.


Mitesco Net-Net Working Capital Related Terms

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


Mitesco Business Description

Traded in Other Exchanges
N/A
Address
505 Beachland Boulevard, Suite 1377, Vero Beach, FL, USA, 32963
Mitesco Inc is a holding company seeking to provide products, services and technology to make accessible higher quality and more affordable healthcare solutions. It is focused on developing a portfolio of companies that provide healthcare technology solutions and the team is adept at deal structures supportive of long-term organizational value. The company holds new wholly owned business units, Centcore, LLC (Centcore) that is providing data center services including cloud computing and application hosting, and Vero Technology Ventures, LLC (VTV), whose target is to seek investment and acquisition opportunities, generally in the areas of cloud computing and data center related applications.
Executives
Lonnie Allen Plunk director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Lawrence M. Diamond director 7535 EAST HAMPDEN AVENUE, SUITE 400, DENVER CO 80231
Phillip J Keller officer: Chief Financial Officer 2323 RING ROAD, ELIZABETHTOWN KY 42701
Sheila Schweitzer director 1200 CAROLINA CIRCLE, VERO BEACH FL 62962
Ingrid Jenny Lindstrom officer: Chief Legal Officer 1100 WILLS PLACE, GOLDEN VALLEY MN 55422
Juan Carlos Iturregui director 5606 ALBIA RD., BETHESDA MD 20816
Faraz Naqvi director 3001 HEARTHSTONE DRIVE, FORT COLLINS CO 80528
Thomas Brodmerkel director 7535 EAST HAMPDEN AVENUE, STE. 400, DENVER CO 80231
Julie R. Smith director 7535 EAST HAMPDEN AVENUE, SUITE 400, DENVER CO 80231
Ron Riewold officer: CHAIRMAN 37 NORTH ORANGE AVE, STE 500, ORLANDO FL 32801
Douglas Cole director C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
James Philip Crone director, officer: Pres, Interim CFO, Sec, Dir 1355 PEACHTREE STREET, SUITE 1150, ATLANTA GA 30309
Morton James E Iii officer: President 549 VIKINGS LANE, ATLANTIC BEACH FL 32233
Deluca Louis George Jr officer: C.O.O. 194 EDWARDS DR, MABLETON GA 30126
Thomas W. Burnell officer: President and CEO 1355 PEACHTREE STREET, SUITE 1150, ATLANTA GA 30309