GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » SLANG Worldwide Inc (OTCPK:SLGWQ) » Definitions » Net-Net Working Capital

SLGWQ (SLANG Worldwide) Net-Net Working Capital : $-0.12 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is SLANG Worldwide 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.

SLANG Worldwide's Net-Net Working Capital for the quarter that ended in Jun. 2024 was $-0.12.

The industry rank for SLANG Worldwide's Net-Net Working Capital or its related term are showing as below:

SLGWQ's Price-to-Net-Net-Working-Capital is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.93
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

SLANG Worldwide Net-Net Working Capital Historical Data

The historical data trend for SLANG Worldwide'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.

SLANG Worldwide Net-Net Working Capital Chart

SLANG Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -0.53 -0.36 -0.15 -0.11 -0.09

SLANG Worldwide Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.07 -0.08 -0.09 -0.11 -0.12

Competitive Comparison of SLANG Worldwide's Net-Net Working Capital

For the Drug Manufacturers - Specialty & Generic subindustry, SLANG Worldwide'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.


SLANG Worldwide's Price-to-Net-Net-Working-Capital Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, SLANG Worldwide's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where SLANG Worldwide's Price-to-Net-Net-Working-Capital falls into.


;
;

SLANG Worldwide Net-Net Working Capital Calculation

SLANG Worldwide's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.769+0.75 * 1.43+0.5 * 4.902-28.014
-0-0)/227.712
=-0.09

SLANG Worldwide's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.927+0.75 * 1.252+0.5 * 3.637-32.508
-0-0)/229.181
=-0.12

* 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.


SLANG Worldwide  (OTCPK:SLGWQ) 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.


SLANG Worldwide Net-Net Working Capital Related Terms

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


SLANG Worldwide Business Description

Traded in Other Exchanges
N/A
Address
50 Carroll Street, Toronto, ON, CAN, M4M 3G3
SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers. It operates in two reportable segments Core Markets, and Emerging Markets, and the majority of its revenue comes from the Core Market. Geographically it operates in Canada and the U.S. It derives the majority of its revenue from the U.S. Its brand portfolio involves, Firefly, O.pen, and Alchemy Naturals.

SLANG Worldwide Headlines

From GuruFocus

Q1 2021 Slang Worldwide Inc Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q3 2022 Slang Worldwide Inc Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2020 Slang Worldwide Inc Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q4 2021 Slang Worldwide Inc Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2023 Slang Worldwide Inc Earnings Call Transcript

By GuruFocus Research 02-15-2024

Slang Worldwide Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 02-15-2024

Q3 2020 Slang Worldwide Inc Earnings Call Transcript

By GuruFocus Research 02-15-2024