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Powersafe Technology (Powersafe Technology) Net-Net Working Capital : $-0.02 (As of Dec. 2008)


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What is Powersafe Technology 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.

Powersafe Technology's Net-Net Working Capital for the quarter that ended in Dec. 2008 was $-0.02.

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

PSFT's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 8.545
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Powersafe Technology Net-Net Working Capital Historical Data

The historical data trend for Powersafe Technology'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.

Powersafe Technology Net-Net Working Capital Chart

Powersafe Technology Annual Data
Trend Dec07 Dec08
Net-Net Working Capital
- -0.02

Powersafe Technology Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Net-Net Working Capital Get a 7-Day Free Trial - - -0.01 -0.01 -0.02

Competitive Comparison of Powersafe Technology's Net-Net Working Capital

For the Semiconductors subindustry, Powersafe Technology'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.


Powersafe Technology's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Powersafe Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Powersafe Technology Net-Net Working Capital Calculation

Powersafe Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2008 is calculated as

Net-Net Working Capital(A: Dec. 2008 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.239
-0-0)/14.1502
=-0.02

Powersafe Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2008 is calculated as

Net-Net Working Capital(Q: Dec. 2008 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.239
-0-0)/14.1502
=-0.02

* 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.


Powersafe Technology  (OTCPK:PSFT) 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.


Powersafe Technology Net-Net Working Capital Related Terms

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Powersafe Technology (Powersafe Technology) Business Description

Traded in Other Exchanges
N/A
Address
3412 Progress Drive, Bensalem, PA, USA, 19020
Powersafe Technology Corp develops a new semiconductor detection technology for extremely high sensitivity electronic and photonic detection. The company uses an application such as Laser Range Finding (LRF), Night vision, Imaging systems and NIR cameras, Security systems, PET Scanners, Medical imaging, Fluorescence Detection, High energy physics, Hyper-spectral spectroscopy, Spectroscopy, and Biological Sensors. It offers services to industries such as medical diagnostics, drug development, scientific instrumentation, and homeland security.

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