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MNY (MoneyHero) Net-Net Working Capital : $0.61 (As of Sep. 2024)


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What is MoneyHero 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.

MoneyHero's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $0.61.

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

MNY's Price-to-Net-Net-Working-Capital is ranked better than
80.86% of 303 companies
in the Interactive Media industry
Industry Median: 5.05 vs MNY: 1.80

MoneyHero Net-Net Working Capital Historical Data

The historical data trend for MoneyHero'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.

MoneyHero Net-Net Working Capital Chart

MoneyHero Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
- -0.46 1.18

MoneyHero Quarterly Data
Dec21 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 -2.52 1.18 0.91 0.77 0.61

Competitive Comparison of MoneyHero's Net-Net Working Capital

For the Internet Content & Information subindustry, MoneyHero'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.


MoneyHero's Price-to-Net-Net-Working-Capital Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, MoneyHero's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



MoneyHero Net-Net Working Capital Calculation

MoneyHero'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)
=(68.641+0.75 * 17.236+0.5 * 0-35.963
-0-0)/38.5355
=1.18

MoneyHero'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)
=(47.657+0.75 * 15.278+0.5 * 0-34.325
-0-0)/40.9608
=0.61

* 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.


MoneyHero  (NAS:MNY) 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.


MoneyHero Net-Net Working Capital Related Terms

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MoneyHero Business Description

Traded in Other Exchanges
N/A
Address
70 Shenton Way, No. 18-15, EON Shenton, Singapore, SGP, 079118
MoneyHero Ltd is a personal finance aggregation and comparison company in Greater Southeast Asia. The firm is involved in the operation of online financial comparison platforms and related services for credit cards, personal loans, mortgages, insurance, and other financial products, connecting the providers of these products with well-matched and ready-to-transact consumers and generating revenue directly from these providers for placing their products on its platforms and providing insurance brokerage, marketing and events-related services.