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Prosper Gold (Prosper Gold) Net-Net Working Capital : $0.00 (As of Jan. 2024)


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What is Prosper Gold 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.

Prosper Gold's Net-Net Working Capital for the quarter that ended in Jan. 2024 was $0.00.

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

PGXFF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.155
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Prosper Gold Net-Net Working Capital Historical Data

The historical data trend for Prosper Gold'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.

Prosper Gold Net-Net Working Capital Chart

Prosper Gold Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.11 0.11 0.01 -

Prosper Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 0.01 - -

Competitive Comparison of Prosper Gold's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Prosper Gold'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.


Prosper Gold's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Prosper Gold's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Prosper Gold Net-Net Working Capital Calculation

Prosper Gold's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2023 is calculated as

Net-Net Working Capital(A: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.138+0.75 * 0.037+0.5 * 0-0.098
-0-0)/32.2115
=0.00

Prosper Gold's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2024 is calculated as

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.22+0.75 * 0.065+0.5 * 0-0.134
-0-0)/39.1815
=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.


Prosper Gold  (OTCPK:PGXFF) 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.


Prosper Gold Net-Net Working Capital Related Terms

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Prosper Gold (Prosper Gold) Business Description

Traded in Other Exchanges
Address
1055 Dunsmuir Street, Suite 3500, P.O. Box 49114, Vancouver, BC, CAN, V7X 1H7
Prosper Gold Corp is an exploration and development company. Principally, it is engaged in the acquisition, exploration, and development of mineral resource properties in British Columbia and Canada. The company is focused on the exploration and development of the Star property in British Columbia, Canada, and exploration and development of the Ontario Projects in Ontario, Canada.

Prosper Gold (Prosper Gold) Headlines

From GuruFocus

Prosper Gold Corp. Closes Private Placement

By GlobeNewswire GlobeNewswire 12-17-2018