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RocketFuel Blockchain (RocketFuel Blockchain) Net-Net Working Capital : $-0.03 (As of Jun. 2023)


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What is RocketFuel Blockchain 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.

RocketFuel Blockchain's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $-0.03.

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

RKFL's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.27
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

RocketFuel Blockchain Net-Net Working Capital Historical Data

The historical data trend for RocketFuel Blockchain'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.

RocketFuel Blockchain Net-Net Working Capital Chart

RocketFuel Blockchain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.03 0.07 -0.02

RocketFuel Blockchain Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.03 0.01 -0.01 -0.02 -0.03

Competitive Comparison of RocketFuel Blockchain's Net-Net Working Capital

For the Software - Infrastructure subindustry, RocketFuel Blockchain'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.


RocketFuel Blockchain's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

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



RocketFuel Blockchain Net-Net Working Capital Calculation

RocketFuel Blockchain's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.422+0.75 * 0+0.5 * 0-1.04
-0-0)/32.4274
=-0.02

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

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.112+0.75 * 0.001+0.5 * 0-1.089
-0-0)/32.4274
=-0.03

* 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.


RocketFuel Blockchain  (OTCPK:RKFL) 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.


RocketFuel Blockchain Net-Net Working Capital Related Terms

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RocketFuel Blockchain (RocketFuel Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
201 Spear Street, Suite 1100, San Francisco, CA, USA, 94105
RocketFuel Blockchain Inc is a development-stage company that is in the process of developing check-out systems based upon blockchain technology and designed to increase speed, security, and ease of use. The company's blockchain-based check-out solution is being designed to include a single-click functionality to invoke payment conveyance with integrated consumer shipping address data. The provide payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH.
Executives
Peter Michael Jensen director, officer: CEO 45 BULKLEY AVE #3, SAUSALITO CA 94965
Gert Funk director, 10 percent owner, officer: Chief Executive Officer C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Bennett J. Yankowitz director, 10 percent owner, officer: President P.O. BOX 5778, BEVERLY HILLS CA 90024
Rohan Hall officer: CTO 29 CANOE, IRVINE CA 92618
Henrik Rouf 10 percent owner 468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Joseph E Page director, 10 percent owner, officer: Chief Technical Officer C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Carsten Jensen 10 percent owner RUNGSTEDVEJ 127, RUNGSTED G7 2960
Saxton Capital Ltd. 10 percent owner RUNGSTEDVEJ 127, RUNGSTED G7 2960
Henrik Oerbekker 10 percent owner 94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Erik Hamann Petersen 10 percent owner C/O ULRIK LARSEN, STENVAENGET 16, HEDEHUSENE G7 DK-2640