SCST (Suncast Solar Energy) Net-Net Working Capital: $-0.04 (As of Dec. 2008)


What is Suncast Solar Energy Net-Net Working Capital?

Suncast Solar Energy SCST Net-Net Working Capital is $-0.04 as of Dec. 2008.

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.

Suncast Solar Energy's Net-Net Working Capital for the quarter that ended in Dec. 2008 was $-0.04.

The industry rank for Suncast Solar Energy's Net-Net Working Capital or its related term are showing as below:

SCST's Price-to-Net-Net-Working-Capital is not ranked *
in the Waste Management industry.
Industry Median: 6.62
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Suncast Solar Energy  (OTCPK:SCST) 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.

Suncast Solar Energy Net-Net Working Capital Related Terms

Suncast Solar Energy Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Net-Net Working Capital Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.15 -0.15 -0.06 -0.04

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -0.06 -0.06 -0.07 -0.07 -0.04

SCST vs ECEZ, CESX, ALAN: Net-Net Working Capital Comparison

For the Waste Management subindustry, Suncast Solar Energy'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.

Suncast Solar Energy Price-to-Net-Net-Working-Capital vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suncast Solar Energy's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Suncast Solar Energy's Price-to-Net-Net-Working-Capital falls into.


Suncast Solar Energy Net-Net Working Capital Calculation

Suncast Solar Energy's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2008 is calculated as

Net-Net Working Capital(A: Dec. 2008 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.067+0.75 * 0.138+0.5 * 0-3.097
-0.01-0)/69.030
=-0.04

Suncast Solar Energy's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2008 is calculated as

Net-Net Working Capital(Q: Dec. 2008 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.067+0.75 * 0.138+0.5 * 0-3.097
-0.01-0)/69.030
=-0.04

* 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 $-0.04 mean?
Suncast Solar Energy (SCST) has a Net-Net Working Capital of $-0.04 as of Dec. 2008. 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 Suncast Solar Energy
Is Suncast Solar Energy's Net-Net Working Capital too high?
Suncast Solar Energy's current Net-Net Working Capital is $-0.04.
How does Suncast Solar Energy's Net-Net Working Capital compare to ECEZ and CESX?
Suncast Solar Energy's Net-Net Working Capital of $-0.04 can be compared against companies in the Waste Management industry. The industry median Net-Net Working Capital is 6.62. 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 Waste Management company?
The median Net-Net Working Capital among Waste Management companies is 6.62, based on 59 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 Suncast Solar Energy For the Waste Management industry, the median Net-Net Working Capital is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncast Solar Energy's current Net-Net Working Capital is $-0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Net-Net Working Capital of $-0.04. The current Net-Net Working Capital is $-0.04. 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 Suncast Solar Energy (SCST), the current Net-Net Working Capital is $-0.04 as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.