GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pacific Vegas Global Strategies Inc (OTCPK:PVEG) » Definitions » Net-Net Working Capital

Pacific Vegas Global Strategies (Pacific Vegas Global Strategies) Net-Net Working Capital : $-0.01 (As of Mar. 2022)


View and export this data going back to . Start your Free Trial

What is Pacific Vegas Global Strategies 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.

Pacific Vegas Global Strategies's Net-Net Working Capital for the quarter that ended in Mar. 2022 was $-0.01.

The industry rank for Pacific Vegas Global Strategies's Net-Net Working Capital or its related term are showing as below:

PVEG's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.71
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Pacific Vegas Global Strategies Net-Net Working Capital Historical Data

The historical data trend for Pacific Vegas Global Strategies'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.

Pacific Vegas Global Strategies Net-Net Working Capital Chart

Pacific Vegas Global Strategies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.01 -0.01

Pacific Vegas Global Strategies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Pacific Vegas Global Strategies's Net-Net Working Capital

For the Shell Companies subindustry, Pacific Vegas Global Strategies'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.


Pacific Vegas Global Strategies's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pacific Vegas Global Strategies's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Pacific Vegas Global Strategies's Price-to-Net-Net-Working-Capital falls into.



Pacific Vegas Global Strategies Net-Net Working Capital Calculation

Pacific Vegas Global Strategies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(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 * 0-0.894
-0-0)/99.9636
=-0.01

Pacific Vegas Global Strategies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2022 is calculated as

Net-Net Working Capital(Q: Mar. 2022 )
=(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 * 0-0.901
-0-0)/99.9636
=-0.01

* 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.


Pacific Vegas Global Strategies  (OTCPK:PVEG) 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.


Pacific Vegas Global Strategies Net-Net Working Capital Related Terms

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


Pacific Vegas Global Strategies (Pacific Vegas Global Strategies) Business Description

Traded in Other Exchanges
N/A
Address
222 Queen’s Road, Room 2, LG Floor, Kai Wong Commercial Building, Central, Hong Kong, HKG
Website
Pacific Vegas Global Strategies Inc is a shell company.

Pacific Vegas Global Strategies (Pacific Vegas Global Strategies) Headlines

No Headlines