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Solar Integrated Roofing (Solar Integrated Roofing) Net-Net Working Capital : $-15.58 (As of Sep. 2022)


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What is Solar Integrated Roofing 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.

Solar Integrated Roofing's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $-15.58.

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

SIRC's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 8.31
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Solar Integrated Roofing Net-Net Working Capital Historical Data

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Net-Net Working Capital Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Net-Net Working Capital
- 525.00

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 866.67 600.00 366.67 - -15.58

Competitive Comparison of Solar Integrated Roofing's Net-Net Working Capital

For the Solar subindustry, Solar Integrated Roofing'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.


Solar Integrated Roofing's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Integrated Roofing's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Solar Integrated Roofing Net-Net Working Capital Calculation

Solar Integrated Roofing's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2009 is calculated as

Net-Net Working Capital(A: Feb. 2009 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.066+0.75 * 0+0.5 * 0-0.003
-0-0)/0.00012
=525.00

Solar Integrated Roofing's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.48+0.75 * 5.512+0.5 * 0.151-61.495
-0--0.415)/3.61879
=-15.58

* 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.


Solar Integrated Roofing  (OTCPK:SIRC) 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.


Solar Integrated Roofing Net-Net Working Capital Related Terms

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Solar Integrated Roofing (Solar Integrated Roofing) Business Description

Traded in Other Exchanges
N/A
Address
2831 St. Rose Pkwy, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.
Executives
Richard G Stifel officer: CFO/Secretary 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Timothy Barritt director, officer: CEO/President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Raymond Murphy director, officer: COO/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Richard Stockdale director, officer: Treasurer/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718