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RKTA.U (Rocket Internet Growth Opportunities) Net-Net Working Capital : $0.00 (As of Dec. 2022)


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What is Rocket Internet Growth Opportunities 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.

Rocket Internet Growth Opportunities's Net-Net Working Capital for the quarter that ended in Dec. 2022 was $0.00.

The industry rank for Rocket Internet Growth Opportunities's Net-Net Working Capital or its related term are showing as below:

RKTA.U's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rocket Internet Growth Opportunities Net-Net Working Capital Historical Data

The historical data trend for Rocket Internet Growth Opportunities'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.

Rocket Internet Growth Opportunities Net-Net Working Capital Chart

Rocket Internet Growth Opportunities Annual Data
Trend Dec21 Dec22
Net-Net Working Capital
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Rocket Internet Growth Opportunities Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Net-Net Working Capital Get a 7-Day Free Trial - - - - -

Competitive Comparison of Rocket Internet Growth Opportunities's Net-Net Working Capital

For the Shell Companies subindustry, Rocket Internet Growth Opportunities'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.


Rocket Internet Growth Opportunities's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Rocket Internet Growth Opportunities's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Rocket Internet Growth Opportunities's Price-to-Net-Net-Working-Capital falls into.


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Rocket Internet Growth Opportunities Net-Net Working Capital Calculation

Rocket Internet Growth Opportunities's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.03+0.75 * 0+0.5 * 0-10.209
-0-0)/0
=N/A

Rocket Internet Growth Opportunities's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2022 is calculated as

Net-Net Working Capital(Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.03+0.75 * 0+0.5 * 0-10.209
-0-0)/0
=N/A

* 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.


Rocket Internet Growth Opportunities  (NYSE:RKTA.U) 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.


Rocket Internet Growth Opportunities Net-Net Working Capital Related Terms

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


Rocket Internet Growth Opportunities Business Description

Traded in Other Exchanges
N/A
Address
Boundary Hall, Cricket Square, Grand Cayman, CYM, KY1-1102
Rocket Internet Growth Opportunities Corp is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Soheil Mirpour director, officer: CEO and Director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Stalter Donald E. Jr director, officer: CFO and Director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Brillant 3087. Se & Co. Verwaltungs Kg 10 percent owner CHARLOTTENSTR. 4, BERLIN 2M 10969
Atrium 122. Europaische Vv Se 10 percent owner CHARLOTTENSTR. 4, BERLIN 2M 10969
Norbert Lang director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Marcus Englert director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Aneel Ranadive director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Pierre Louette director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Founders Gmbh Global 10 percent owner BAVARIAFILMPLATZ 7, GEBAEUDE 49, GRUENWALD 2M 82031
Gmbh Rocata 10 percent owner BAVARIAFILMPLATZ 7, GEBAEUDE 49, GRUENWALD 2M 82031
Gmbh Zerena 10 percent owner BAVARIAFILMPLATZ 7, GEBAEUDE 49, GRUENWALD 2M 82031
Oliver Samwer director, other: Chairman BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Rocket Internet Growth Opportunities Sponsor Gmbh 10 percent owner CHARLOTTENSTR. 4, BERLIN 2M 10969

Rocket Internet Growth Opportunities Headlines