GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Net-Net Working Capital

Mobile Lads (Mobile Lads) Net-Net Working Capital : $0.00 (As of Jul. 2016)


View and export this data going back to 2013. Start your Free Trial

What is Mobile Lads 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.

Mobile Lads's Net-Net Working Capital for the quarter that ended in Jul. 2016 was $0.00.

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

MOBO's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.79
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mobile Lads Net-Net Working Capital Historical Data

The historical data trend for Mobile Lads'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.

Mobile Lads Net-Net Working Capital Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Net-Net Working Capital
- - -

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 - - - - -

Competitive Comparison of Mobile Lads's Net-Net Working Capital

For the Consumer Electronics subindustry, Mobile Lads'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.


Mobile Lads's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mobile Lads's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Mobile Lads Net-Net Working Capital Calculation

Mobile Lads's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Apr. 2015 is calculated as

Net-Net Working Capital(A: Apr. 2015 )
=(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+0.5 * 0-0.285
-0-0)/233.567
=-0.00

Mobile Lads's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2016 is calculated as

Net-Net Working Capital(Q: Jul. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.005+0.75 * 0+0.5 * 0-0.492
-0-0)/443.708
=-0.00

* 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.


Mobile Lads  (OTCPK:MOBO) 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.


Mobile Lads Net-Net Working Capital Related Terms

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


Mobile Lads (Mobile Lads) Business Description

Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.