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NFSCF (Enphys Acquisition) Net-Net Working Capital : $-1.00 (As of Jun. 2024)


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What is Enphys Acquisition 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.

Enphys Acquisition's Net-Net Working Capital for the quarter that ended in Jun. 2024 was $-1.00.

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

NFSCF's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Enphys Acquisition Net-Net Working Capital Historical Data

The historical data trend for Enphys Acquisition'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.

Enphys Acquisition Net-Net Working Capital Chart

Enphys Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
- -0.33 -0.76

Enphys Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.32 -0.33 -0.76 -1.01 -1.00

Competitive Comparison of Enphys Acquisition's Net-Net Working Capital

For the Shell Companies subindustry, Enphys Acquisition'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.


Enphys Acquisition's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Enphys Acquisition's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Enphys Acquisition Net-Net Working Capital Calculation

Enphys Acquisition'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)
=(0.112+0.75 * 0+0.5 * 0-14.499
-0-0)/18.823
=-0.76

Enphys Acquisition's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.03+0.75 * 0+0.5 * 0-14.96
-0-0)/14.883
=-1.00

* 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.


Enphys Acquisition  (OTCPK:NFSCF) 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.


Enphys Acquisition Net-Net Working Capital Related Terms

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Enphys Acquisition Business Description

Traded in Other Exchanges
N/A
Address
100 Wall Street, 20th Floor, New York, NY, USA, 10005
Enphys Acquisition Corp is a blank check company.
Executives
Carlos N. Guimaraes other: Director Nominee 555 MADISON AVENUE, SUITE 11A, NEW YORK NY 10022
Helio L. Magalhaes other: Director Nominee 10 E 53RD ST., NEW YORK NY 10022
Pablo Jorge De director, 10 percent owner, officer: Chief Executive Officer 56 BELL STREET, MARYLEBONE, LONDON X0 NW1 5DA
Bueno Jose Antonio Aguilar other: Director Nominee PASEO DE LOS TAMARINDOS 400 B SUITE 101, COL. BOSQUES DE LAS LOMAS, MEXICO CITY O5 CDMX 05120
Bujan Matias De officer: Chief Operating Officer AV. GELLY Y OBES 2207, 2DO PISO, BUENOS AIRES C1 1425
Federico Carrillo-zurcher other: Director Nominee PLAZA ARAGON 2, PLISO 9A, ZARAGOZA U3 50004
Par Arne Lindstrom director, officer: Chief Financal Officer 1149 3RD STREET, SUITE 300, SANTA MONICA CA 90403
Enphys Acquisition Sponsor Llc 10 percent owner 216 EAST 45TH STREET, 13TH FLOOR, NEW YORK NY 10017
Eva Redhe other: Director Nominee GUMSHORNSGATAN 7, STOCKHOLM V7 11460

Enphys Acquisition Headlines

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