RYSMF (Royal Standard Minerals) Net-Net Working Capital: $-0.11 (As of Jan. 2018)

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What is Royal Standard Minerals Net-Net Working Capital?

Royal Standard Minerals RYSMF +2.00% Net-Net Working Capital is $-0.11 as of Jan. 2018. Among 178 Diversified Financial Services companies, Royal Standard Minerals ranks worse than 561797.19% on this metric.

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.

Royal Standard Minerals's Net-Net Working Capital for the quarter that ended in Jan. 2018 was $-0.11.

The industry rank for Royal Standard Minerals's Net-Net Working Capital or its related term are showing as below:

RYSMF's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Royal Standard Minerals  (OTCPK:RYSMF) 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.


Royal Standard Minerals Net-Net Working Capital Related Terms


Royal Standard Minerals Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Royal Standard Minerals'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.

Royal Standard Minerals Net-Net Working Capital Chart

Royal Standard Minerals Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.04 -0.05 -0.08 -0.11

Royal Standard Minerals Semi-Annual Data
Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
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 -0.01 -0.04 -0.05 -0.08 -0.11

RYSMF vs UMAX, CWNOF, FWLAF: Net-Net Working Capital Comparison

For the Shell Companies subindustry, Royal Standard Minerals'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.


Royal Standard Minerals Price-to-Net-Net-Working-Capital vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Royal Standard Minerals's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Royal Standard Minerals's Price-to-Net-Net-Working-Capital falls into.



Royal Standard Minerals Net-Net Working Capital Calculation

Royal Standard Minerals's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2018 is calculated as

Net-Net Working Capital(A: Jan. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.002+0.75 * 0+0.5 * 0-0.183
-0-0)/1.665
=-0.11

Royal Standard Minerals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2018 is calculated as

Net-Net Working Capital(Q: Jan. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.002+0.75 * 0+0.5 * 0-0.183
-0-0)/1.665
=-0.11

* 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 $-0.11 mean?
Royal Standard Minerals (RYSMF) has a Net-Net Working Capital of $-0.11 as of Jan. 2018. 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 Royal Standard Minerals According to the industry distribution chart, Royal Standard Minerals ranks #999999 out of 178 companies in the Diversified Financial Services industry.
Is Royal Standard Minerals' Net-Net Working Capital too high?
Royal Standard Minerals' current Net-Net Working Capital is $-0.11. Based on the distribution chart, Royal Standard Minerals ranks #999999 out of 178 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers.
How does Royal Standard Minerals' Net-Net Working Capital compare to UMAX and CWNOF?
According to the Diversified Financial Services industry distribution chart, Royal Standard Minerals ranks #999999 out of 178 companies for Net-Net Working Capital. This places Royal Standard Minerals in the lower half of its industry. The industry median Net-Net Working Capital is 2.29. 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 a Diversified Financial Services company?
The median Net-Net Working Capital among Diversified Financial Services companies is 2.29, based on 178 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 Royal Standard Minerals For the Diversified Financial Services industry, the median Net-Net Working Capital is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Standard Minerals's current Net-Net Working Capital is $-0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Standard Minerals stock overvalued right now?
Royal Standard Minerals (RYSMF) has a current Net-Net Working Capital of $-0.11. The current Net-Net Working Capital is $-0.11. 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 Royal Standard Minerals (RYSMF), the current Net-Net Working Capital is $-0.11 as of Jan. 2018. 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.

Royal Standard Minerals Business Description

Address 82 Richmond Street East, Suite 200, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Royal Standard Minerals Inc is focused on identifying suitable assets or businesses to acquire or merge with, with a view to maximizing value for shareholders.