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GrowLife (GrowLife) Net-Net Working Capital : $-0.32 (As of Mar. 2023)


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What is GrowLife 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.

GrowLife's Net-Net Working Capital for the quarter that ended in Mar. 2023 was $-0.32.

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

PHOT's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Distribution industry.
Industry Median: 5.12
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

GrowLife Net-Net Working Capital Historical Data

The historical data trend for GrowLife'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.

GrowLife Net-Net Working Capital Chart

GrowLife Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.99 -43.58 -29.35 -11.60 -1.21

GrowLife Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -8.58 -8.09 -2.78 -1.21 -0.32

Competitive Comparison of GrowLife's Net-Net Working Capital

For the Industrial Distribution subindustry, GrowLife'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.


GrowLife's Price-to-Net-Net-Working-Capital Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, GrowLife's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



GrowLife Net-Net Working Capital Calculation

GrowLife's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.094+0.75 * 0+0.5 * 0-8.665
-0-0)/7.08325
=-1.21

GrowLife's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.118+0.75 * 0+0.5 * 0.023-9.168
-0-0)/28.1779
=-0.32

* 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.


GrowLife  (OTCPK:PHOT) 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.


GrowLife Net-Net Working Capital Related Terms

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


GrowLife (GrowLife) Business Description

Traded in Other Exchanges
N/A
Address
11335 North East 122nd Way, Suite 105, Kirkland, WA, USA, 98034
GrowLife Inc. is a producer and supplier of gourmet fresh mushrooms, functional mushroom products, and mycological supplies.
Executives
David Dohrmann director, officer: CEO, Interim CFO, President 11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Michael E Fasci director PO BOX 800, E TAUNTON MA 02718
Thom Kozik director 11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Katherine Mclain director 5400 CARILLON POINT, KIRKLAND WA 98033
Marco Hegyi director, officer: President C/O GROWLIFE, INC., 11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Tara Antal director 19950 WEST COUNTRY CLUB DR., 1ST FLOOR, AVENTURA FL 33180
Brad Fretti director 19950 WEST COUNTRY CLUB DR., 1ST FLOOR, AVENTURA FL 33180
Sterling C. Scott director, 10 percent owner, officer: Chief Executive Officer 717 E. GARDENA BLVD., GARDENA CA 90248
Joseph Barnes officer: Sr. V.P. Business Development 500 UNION STREET, SUITE 406, SEATTLE WA 98101
Mark E Scott director C/O VISUALANT INC, 500 UNION STREET, SUITE 420, SEATTLE WA 98101
Alan R Hammer director 3 FAWN DRIVE, LIVINGSTON NJ 07039
Robert E Hunt director, officer: President C/O GROWLIFE, INC., 20301 VENTURA BLVD., SUITE 126, WOODLAND HILLS CA 91364
Eric D Shevin director C/O GROWLIFE, INC., 20301 VENTURA BOULEVARD, SUITE 126, WOODLAND HILLS CA 91364
Anthony J Ciabattoni director 16 LAGUNITA DRIVE, LAGUNA BEACH CA 92651
Jeffrey Giarraputo director 2900 WYANDOT STREET, #102, DENVER CO 80211