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RNCHF (Ranchero Gold) Net-Net Working Capital : $0.00 (As of Sep. 2024)


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What is Ranchero Gold 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.

Ranchero Gold's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $0.00.

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

RNCHF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 6.17
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Ranchero Gold Net-Net Working Capital Historical Data

The historical data trend for Ranchero Gold'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.

Ranchero Gold Net-Net Working Capital Chart

Ranchero Gold Annual Data
Trend Jun20 Jun21 Dec22 Dec23
Net-Net Working Capital
-0.37 -0.42 -0.04 -0.06

Ranchero Gold Quarterly Data
Jun20 Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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 -0.05 -0.06 -0.06 -0.03 -

Competitive Comparison of Ranchero Gold's Net-Net Working Capital

For the Gold subindustry, Ranchero Gold'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.


Ranchero Gold's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ranchero Gold's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Ranchero Gold Net-Net Working Capital Calculation

Ranchero Gold's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.752+0.75 * 0.092+0.5 * 0-4.858
-0-0)/65.737
=-0.06

Ranchero Gold's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.558+0.75 * 0.095+0.5 * 0-0.404
-0-0)/69.162
=0.00

* 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.


Ranchero Gold  (OTCPK:RNCHF) 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.


Ranchero Gold Net-Net Working Capital Related Terms

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Ranchero Gold Business Description

Traded in Other Exchanges
Address
800 West Pender Street, c/o Suite 910, Vancouver, BC, CAN, V6C 2V6
Ranchero Gold Corp is engaged in the acquisition and exploration of resources properties. Its Sta. Daniela concessions are located within the heart of the Sierra Madre Occidental gold belt in eastern Sonora, Mexico.

Ranchero Gold Headlines

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