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Spotlio AS (OSL:SPOT) Net-Net Working Capital : kr-0.20 (As of Oct. 2024)


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What is Spotlio AS 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.

Spotlio AS's Net-Net Working Capital for the quarter that ended in Oct. 2024 was kr-0.20.

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

OSL:SPOT's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 8.41
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Spotlio AS Net-Net Working Capital Historical Data

The historical data trend for Spotlio AS'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.

Spotlio AS Net-Net Working Capital Chart

Spotlio AS Annual Data
Trend Jun18 Jun19 Apr21 Apr22 Apr23 Apr24
Net-Net Working Capital
Get a 7-Day Free Trial -0.09 0.95 0.22 -0.37 -0.14

Spotlio AS Semi-Annual Data
Jun18 Jun19 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.14 -0.37 -0.09 -0.14 -0.20

Competitive Comparison of Spotlio AS's Net-Net Working Capital

For the Software - Application subindustry, Spotlio AS'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.


Spotlio AS's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Spotlio AS's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Spotlio AS Net-Net Working Capital Calculation

Spotlio AS's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Apr. 2024 is calculated as

Net-Net Working Capital(A: Apr. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.849+0.75 * 6.293+0.5 * 0-39.043
-0-0)/194.64
=-0.14

Spotlio AS's Net-Net Working Capital (NNWC) per share for the quarter that ended in Oct. 2024 is calculated as

Net-Net Working Capital(Q: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.878+0.75 * 8.821+0.5 * 0-53.619
-0-0)/194.64
=-0.20

* 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.


Spotlio AS  (OSL:SPOT) 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.


Spotlio AS Net-Net Working Capital Related Terms

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Spotlio AS Business Description

Industry
Traded in Other Exchanges
Address
Sorkedalsveien 6, Oslo, NOR, 0369
Spotlio AS along with its subsidiaries develops and sells distinctive technology, software, and apps to digitize the skier experience and make the purchase of lift tickets a fully digital user experience. It generates revenue from commissions; subscriptions and other services.