RLND (RoyaLand Co) Net-Net Working Capital: $-0.01 (As of Dec. 2022)

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What is RoyaLand Co Net-Net Working Capital?

RoyaLand Co RLND Net-Net Working Capital is $-0.01 as of Dec. 2022.

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.

RoyaLand Co's Net-Net Working Capital for the quarter that ended in Dec. 2022 was $-0.01.

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

RLND's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 4.89
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

RoyaLand Co  (NAS:RLND) 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.


RoyaLand Co Net-Net Working Capital Related Terms


RoyaLand Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for RoyaLand Co'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.

RoyaLand Co Net-Net Working Capital Chart

RoyaLand Co Annual Data
Trend Jun22
Net-Net Working Capital
0.01

RoyaLand Co Quarterly Data
Dec21 Jun22 Dec22
Net-Net Working Capital 0.00 0.01 -0.01

RLND vs : Net-Net Working Capital Comparison

For the Electronic Gaming & Multimedia subindustry, RoyaLand Co'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.


RoyaLand Co Price-to-Net-Net-Working-Capital vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RoyaLand Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



RoyaLand Co Net-Net Working Capital Calculation

RoyaLand Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2022 is calculated as

Net-Net Working Capital(A: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.071+0.75 * 0+0.5 * 0-0.017
-0-0)/9.533
=0.01

RoyaLand Co'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)
=(0.051+0.75 * 0+0.5 * 0-0.166
-0-0)/10.513
=-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.

What does a Net-Net Working Capital of $-0.01 mean?
RoyaLand Co (RLND) has a Net-Net Working Capital of $-0.01 as of Dec. 2022. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on RoyaLand Co
Is RoyaLand Co's Net-Net Working Capital too high?
RoyaLand Co's current Net-Net Working Capital is $-0.01.
How does RoyaLand Co's Net-Net Working Capital compare to ?
RoyaLand Co's Net-Net Working Capital of $-0.01 can be compared against companies in the Interactive Media industry. The industry median Net-Net Working Capital is 4.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Interactive Media company?
The median Net-Net Working Capital among Interactive Media companies is 4.89, based on 291 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on RoyaLand Co For the Interactive Media industry, the median Net-Net Working Capital is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RoyaLand Co's current Net-Net Working Capital is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RoyaLand Co stock overvalued right now?
RoyaLand Co (RLND) has a current Net-Net Working Capital of $-0.01. The current Net-Net Working Capital is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For RoyaLand Co (RLND), the current Net-Net Working Capital is $-0.01 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RoyaLand Co Business Description

Comparable Companies
Address 2 Church Street, Clarendon House, Pembroke, Hamilton, BMU, HM11
RoyaLand Co Ltd is a Bermuda holding company focused on creating an online and offline immersive, fantasy-based royalty-themed experience called myRoyal.World, primarily centered around a mobile-first massively multiplayer online role-playing game, or MMORPG, called TheRoyal.Land. It is actively focused on developing a novel, interactive and immersive game based on a player-empowered design. The company plans to build proprietary digital avatars and provide opportunities to players to earn in-game reward currency, build virtual land, and own their online assets while enhancing all of these features with premium incremental in-game content.