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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.
Platinum Analytics Cayman's Net-Net Working Capital for the quarter that ended in Sep. 2025 was $0.09.
The industry rank for Platinum Analytics Cayman's Net-Net Working Capital or its related term are showing as below:
PLTS's Price-to-Net-Net-Working-Capital is not ranked
in the Software industry.
Industry Median: 6.8
vs PLTS: 194.44
Platinum Analytics Cayman (NAS:PLTS) 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.
Platinum Analytics Cayman Net-Net Working Capital Related Terms
Platinum Analytics Cayman Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Platinum Analytics Cayman'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.
Platinum Analytics Cayman Net-Net Working Capital Chart
Platinum Analytics Cayman Annual Data
Trend
Sep23
Sep24
Sep25
Net-Net Working Capital
-0.09
-0.04
0.09
Platinum Analytics Cayman Quarterly Data
Sep23
Sep24
Jun25
Sep25
Net-Net Working Capital
-0.09
-0.04
-0.03
0.09
PLTS vs OOMA, API, OCFT: Net-Net Working Capital Comparison
For the Software - Application subindustry, Platinum Analytics Cayman'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.
Platinum Analytics Cayman Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Platinum Analytics Cayman's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Platinum Analytics Cayman's Price-to-Net-Net-Working-Capital falls into.
* 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.
What does a Net-Net Working Capital of $0.09 mean?
Platinum Analytics Cayman (PLTS) has a Net-Net Working Capital of $0.09 as of Sep. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Platinum Analytics Cayman
Is Platinum Analytics Cayman's Net-Net Working Capital too high?
Platinum Analytics Cayman's current Net-Net Working Capital is $0.09. The Software industry median Net-Net Working Capital is 6.80. Platinum Analytics Cayman's value of $0.09 is 98.7% below this industry median. Overall, Platinum Analytics Cayman has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Analytics Cayman's Net-Net Working Capital compare to OOMA and API?
Platinum Analytics Cayman's Net-Net Working Capital of $0.09 can be compared against companies in the Software industry. The industry median Net-Net Working Capital is 6.80. Platinum Analytics Cayman's value of $0.09 is 98.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Software company?
The median Net-Net Working Capital among Software companies is 6.80, based on 1,260 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Platinum Analytics Cayman's current Net-Net Working Capital of $0.09 is 98.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Platinum Analytics Cayman For the Software industry, the median Net-Net Working Capital is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Analytics Cayman's current Net-Net Working Capital is $0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Analytics Cayman stock overvalued right now?
Platinum Analytics Cayman (PLTS) has a current Net-Net Working Capital of $0.09. The current Net-Net Working Capital is $0.09 and 98.7% below the Software industry median of 6.80. Platinum Analytics Cayman's overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Platinum Analytics Cayman (PLTS), the current Net-Net Working Capital is $0.09 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Platinum Analytics Cayman Ltd is a software developer specializing in providing FX trading software development solutions, data analytics solutions and technology development solutions to financial institutions with a strategic focus on serving Asia and other emerging markets. It focuses on helping financial institutions in addressing the distinct challenges of the dynamic financial environments, such as rapid growth in currency trade volumes, the complexity of cross-border transactions, and the volatility of emerging market currencies. The company also operates a spot FX trading platform, the Electronic Communications Network (ECN), which provides brokerage-based trading solutions for institutional and enterprise clients, which contributes a small amount of its revenue.
19GF Score
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