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SKKY (Skkynet Cloud Systems) Net-Net Working Capital : $0.02 (As of Jan. 2025)


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What is Skkynet Cloud Systems 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.

Skkynet Cloud Systems's Net-Net Working Capital for the quarter that ended in Jan. 2025 was $0.02.

The industry rank for Skkynet Cloud Systems's Net-Net Working Capital or its related term are showing as below:

SKKY's Price-to-Net-Net-Working-Capital is ranked worse than
86.28% of 1246 companies
in the Software industry
Industry Median: 7.43 vs SKKY: 40.00

Skkynet Cloud Systems Net-Net Working Capital Historical Data

The historical data trend for Skkynet Cloud Systems'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.

Skkynet Cloud Systems Net-Net Working Capital Chart

Skkynet Cloud Systems Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Skkynet Cloud Systems Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.01 0.01 0.01 0.01 0.02

Competitive Comparison of Skkynet Cloud Systems's Net-Net Working Capital

For the Software - Infrastructure subindustry, Skkynet Cloud Systems'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.


Skkynet Cloud Systems's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Skkynet Cloud Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Skkynet Cloud Systems's Price-to-Net-Net-Working-Capital falls into.


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Skkynet Cloud Systems Net-Net Working Capital Calculation

Skkynet Cloud Systems's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2024 is calculated as

Net-Net Working Capital(A: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.158+0.75 * 0.361+0.5 * 0-0.66
-0-0)/53.144
=0.01

Skkynet Cloud Systems's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2025 is calculated as

Net-Net Working Capital(Q: Jan. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.311+0.75 * 0.513+0.5 * 0-0.705
-0-0)/53.144
=0.02

* 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.


Skkynet Cloud Systems  (OTCPK:SKKY) 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.


Skkynet Cloud Systems Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Skkynet Cloud Systems's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Skkynet Cloud Systems Business Description

Traded in Other Exchanges
N/A
Address
2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7
Skkynet Cloud Systems Inc is an industrial middleware vendor company. Skkynet operates its business through its wholly owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet, Inc. (Skkynet (USA), Skkynet Corp. (Skkynet (Canada)). Skkynet was established to enhance Cogent's existing business lines through the integration of cloud-based systems (Cloud), and to deliver a Software-as-a-Service (SaaS) product targeting the Industrial Internet of Things (IoT) market, often referred to by the term Industry 4.0. The business serves North America, Europe, Asia Pacific, South America and other regions.
Executives
Andrew S Thomas director, 10 percent owner, officer: Chief Executive Officer 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Paul Benford director, 10 percent owner, officer: Chief Operating Officer 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Lowell Thomas Holden officer: Chief Financial Officer 631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408
Paul E Thomas director, 10 percent owner, officer: President 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Xavier Eric Mesrobian officer: VP Sales and Marketing 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
John X Adiletta director 51 BOULDERWOOD DRIVE, BERNARDSVILLE NJ 07924
Kenneth W. Jennings director 2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Norman Evans director 5650 TOMKEN RD., UNIT 16, MISSISSAUGA A6 L4W 4P1
Michael R Thomas other: Advisor 2233 ARGENTIA ROAD, SUITE 306, MISSISSAUGA A6 L5N 2X7

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