Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Signing Day Sports's Net-Net Working Capital for the quarter that ended in Sep. 2025 was $-0.22.
The industry rank for Signing Day Sports's Net-Net Working Capital or its related term are showing as below:
SGN's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.2 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Signing Day Sports (AMEX:SGN) 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.
Signing Day Sports Net-Net Working Capital Related Terms
Signing Day Sports Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Signing Day Sports'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.
SGN vs CINGF, WCT, AMZE: Net-Net Working Capital Comparison
For the Software - Application subindustry, Signing Day Sports'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.
Signing Day Sports Price-to-Net-Net-Working-Capital vs Software Industry
For the Software industry and Technology sector, Signing Day Sports's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Signing Day Sports's Price-to-Net-Net-Working-Capital falls into.
* 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 $-0.22 mean?
Signing Day Sports (SGN) has a Net-Net Working Capital of $-0.22 as of Sep. 2025. 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 Signing Day Sports
Is Signing Day Sports' Net-Net Working Capital too high?
Signing Day Sports' current Net-Net Working Capital is $-0.22. Overall, Signing Day Sports has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Signing Day Sports' Net-Net Working Capital compare to CINGF and WCT?
Signing Day Sports' Net-Net Working Capital of $-0.22 can be compared against companies in the Software industry. The industry median Net-Net Working Capital is 7.20. 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 Software company?
The median Net-Net Working Capital among Software companies is 7.20, based on 1,206 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 Signing Day Sports For the Software industry, the median Net-Net Working Capital is 7.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signing Day Sports's current Net-Net Working Capital is $-0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signing Day Sports stock overvalued right now?
Signing Day Sports (SGN) has a current Net-Net Working Capital of $-0.22. The current Net-Net Working Capital is $-0.22. Signing Day Sports' overall GF Score™ is 8/100 with 5 warning signs to review. 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 Signing Day Sports (SGN), the current Net-Net Working Capital is $-0.22 as of Sep. 2025. 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.
Signing Day Sports Inc is a technology company developing and operating platforms aiming to allow significantly more student-athletes to go to college and continue playing sports. Its platform Signing Day Sports is a digital ecosystem to help athletes get discovered and recruited by coaches and recruiters across the country. It currently fully supports football and baseball, and it plans to expand the Signing Day Sports platform to include additional sports.
8GF Score
Get the complete analysis for SGN
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGN has been successfully added to your 
