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

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What is Mobile Lads Net-Net Working Capital?

Mobile Lads MOBO Net-Net Working Capital is $0.00 as of Jul. 2016.

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: 8.93
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

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


Mobile Lads Net-Net Working Capital Historical Data

* Premium members only.

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.

Mobile Lads Net-Net Working Capital Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Net-Net Working Capital
0.00 0.00 0.00

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 0.00 0.00 0.00 0.00 0.00

MOBO vs DLOC, KNIT: Net-Net Working Capital Comparison

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 Price-to-Net-Net-Working-Capital vs 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.

What does a Net-Net Working Capital of $0.00 mean?
Mobile Lads (MOBO) has a Net-Net Working Capital of $0.00 as of Jul. 2016. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Mobile Lads
Is Mobile Lads' Net-Net Working Capital too high?
Mobile Lads' current Net-Net Working Capital is $0.00.
How does Mobile Lads' Net-Net Working Capital compare to DLOC and KNIT?
Mobile Lads' Net-Net Working Capital of $0.00 can be compared against companies in the Hardware industry. The industry median Net-Net Working Capital is 8.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Hardware company?
The median Net-Net Working Capital among Hardware companies is 8.93, based on 1,157 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Mobile Lads For the Hardware industry, the median Net-Net Working Capital is 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mobile Lads's current Net-Net Working Capital is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile Lads stock overvalued right now?
Mobile Lads (MOBO) has a current Net-Net Working Capital of $0.00. The current Net-Net Working Capital is $0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Mobile Lads (MOBO), the current Net-Net Working Capital is $0.00 as of Jul. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mobile Lads Business Description

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.