GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PERF Go-Green Holdings Inc (GREY:PGOG) » Definitions » Net-Net Working Capital

PERF Go-Green Holdings (PERF Go-Green Holdings) Net-Net Working Capital : $-0.06 (As of Dec. 2009)


View and export this data going back to 2007. Start your Free Trial

What is PERF Go-Green Holdings 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.

PERF Go-Green Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2009 was $-0.06.

The industry rank for PERF Go-Green Holdings's Net-Net Working Capital or its related term are showing as below:

PGOG's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 7.15
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

PERF Go-Green Holdings Net-Net Working Capital Historical Data

The historical data trend for PERF Go-Green Holdings'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.

PERF Go-Green Holdings Net-Net Working Capital Chart

PERF Go-Green Holdings Annual Data
Trend Oct06 Oct07 Mar09
Net-Net Working Capital
0.02 - -0.46

PERF Go-Green Holdings Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.19 -0.46 -0.48 -0.26 -0.06

Competitive Comparison of PERF Go-Green Holdings's Net-Net Working Capital

For the Specialty Chemicals subindustry, PERF Go-Green Holdings'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.


PERF Go-Green Holdings's Price-to-Net-Net-Working-Capital Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PERF Go-Green Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where PERF Go-Green Holdings's Price-to-Net-Net-Working-Capital falls into.



PERF Go-Green Holdings Net-Net Working Capital Calculation

PERF Go-Green Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2009 is calculated as

Net-Net Working Capital(A: Mar. 2009 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.533+0.75 * 0.482+0.5 * 0-17.652
-0-0)/34.2654
=-0.46

PERF Go-Green Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2009 is calculated as

Net-Net Working Capital(Q: Dec. 2009 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.112+0.75 * 0.058+0.5 * 0.219-4.942
-0-0)/65.1071
=-0.06

* 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.


PERF Go-Green Holdings  (GREY:PGOG) 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.


PERF Go-Green Holdings Net-Net Working Capital Related Terms

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


PERF Go-Green Holdings (PERF Go-Green Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12 E. 52nd Street, 4th Floor, New York, NY, USA, 10022
Website
PERF Go-Green Holdings Inc is engaged in the production of biodegradable plastic products.

PERF Go-Green Holdings (PERF Go-Green Holdings) Headlines

No Headlines