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NanoTech Entertainment (NanoTech Entertainment) Net-Net Working Capital : $-3.54 (As of Mar. 2010)


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What is NanoTech Entertainment 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.

NanoTech Entertainment's Net-Net Working Capital for the quarter that ended in Mar. 2010 was $-3.54.

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

NTEK's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 5.395
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

NanoTech Entertainment Net-Net Working Capital Historical Data

The historical data trend for NanoTech Entertainment'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.

NanoTech Entertainment Net-Net Working Capital Chart

NanoTech Entertainment Annual Data
Trend Jun09
Net-Net Working Capital
-2.51

NanoTech Entertainment Quarterly Data
Sep07 Dec07 Mar08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -2.51 -2.80 -3.12 -3.54

Competitive Comparison of NanoTech Entertainment's Net-Net Working Capital

For the Electronic Gaming & Multimedia subindustry, NanoTech Entertainment'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.


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

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

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



NanoTech Entertainment Net-Net Working Capital Calculation

NanoTech Entertainment's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2009 is calculated as

Net-Net Working Capital(A: Jun. 2009 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.036+0.75 * 0+0.5 * 0.009-1.483
-0-0)/0.57518
=-2.51

NanoTech Entertainment's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2010 is calculated as

Net-Net Working Capital(Q: Mar. 2010 )
=(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 * 0-2.247
-0-0)/0.63387
=-3.54

* 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.


NanoTech Entertainment  (OTCPK:NTEK) 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.


NanoTech Entertainment Net-Net Working Capital Related Terms

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NanoTech Entertainment (NanoTech Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
2450 Kruse Drive, San Jose, CA, USA, 95131
NanoTech Entertainment Inc operates as a manufacturer and developer of technology, games, television content, consumer goods, mobile applications, and consumer software. The portfolio of the company includes Ultraflix which offers 4K Ultra HD video for its subscribers, 4K studios which offers hardware and software solutions for 4K Ultra high definition output, and Ultra Media group which is a content licensing and production company that focuses on acquisition and creation of digital content. The company generates revenue from licensing products to third parties for manufacturing, distribution, manufacture, and sale and rental of products directly to consumers.

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