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AMMO (POWW) Net-Net Working Capital : $0.32 (As of Jun. 2024)


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What is AMMO 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.

AMMO's Net-Net Working Capital for the quarter that ended in Jun. 2024 was $0.32.

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

POWW's Price-to-Net-Net-Working-Capital is ranked better than
81.25% of 96 companies
in the Aerospace & Defense industry
Industry Median: 12.55 vs POWW: 4.69

AMMO Net-Net Working Capital Historical Data

The historical data trend for AMMO'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.

AMMO Net-Net Working Capital Chart

AMMO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.36 1.22 0.39 0.41 0.47

AMMO Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.45 0.45 0.47 0.47 0.32

Competitive Comparison of AMMO's Net-Net Working Capital

For the Aerospace & Defense subindustry, AMMO'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.


AMMO's Price-to-Net-Net-Working-Capital Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AMMO's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



AMMO Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(55.586+0.75 * 28.221+0.5 * 45.563-43.345
-0.001-0)/119.181
=0.47

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

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(50.755+0.75 * 19.437+0.5 * 54.718-54.443
-0.001-0)/118.757
=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.


AMMO  (NAS:POWW) 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.


AMMO Net-Net Working Capital Related Terms

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


AMMO Business Description

Traded in Other Exchanges
Address
7681 East Gray Road, Scottsdale, AZ, USA, 85260
AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a vertically integrated producer of high-performance ammunition and components. It engages in the design, manufacture, and market of ammunition products in the Shooting sports industry in the United States. The firm's product segment comprises Ammunition and Marketplace. The Ammunition segment engages in the design, production, and marketing of ammunition and ammunition component products and the marketplace segment consists of the GunBroker.com marketplace. The company generates the majority of its revenue from the Ammunition segment.
Executives
Fred W Wagenhals director, 10 percent owner, officer: President and CEO 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Jared Rowe Smith officer: President & COO 7681 E GRAY ROAD, SCOTTSDALE AZ 85260
Harry S Markley director 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Robert Goodmanson director 708 SOUTH 3RD STREET, SUITE 400E, MINNEAPOLIS MN 55415
Wayne Remell Walker director 1515 MARKET STREET, SUITE 1720, PHILADELPHIA PA 19103
Christos George Tsentas director 2600 TOWER OAKS BOULEVARD, SUITE 280, ROCKVILLE MD 20852
Susan T Lokey other: See Explanation of Responses P.O. BOX 386, KENNESAW GA 30156
Steven F. Urvan director, 10 percent owner 7999 N. FEDERAL HWY, #421, BOCA RATON FL 33487
Jessica M Lockett director 14 ORCHARD, SUITE 200, LAKE FOREST CA 92630
Richard Reed Childress director PO BOX 1189, WELCOME NC 27374
Jagemann Stamping Co 10 percent owner 5757 W. CUSTER STREET, MANITOWOC WI 54220
Robert D Wiley officer: CFO 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Christopher S Besing director 4707 EAST BASELINE ROAD, PHOENIX AZ 85040
Randy E. Luth director 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85021
Wallace Russell William Jr director 7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260

AMMO Headlines

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