SSMTF (Sensible Meats) Net-Net Working Capital: $0.02 (As of Aug. 2024)

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What is Sensible Meats Net-Net Working Capital?

Sensible Meats SSMTF Net-Net Working Capital is $0.02 as of Aug. 2024.

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.

Sensible Meats's Net-Net Working Capital for the quarter that ended in Aug. 2024 was $0.02.

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

SSMTF's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sensible Meats  (OTCPK:SSMTF) 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.


Sensible Meats Net-Net Working Capital Related Terms


Sensible Meats Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats Net-Net Working Capital Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Net-Net Working Capital
0.00 0.10 0.08

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.08 0.08 0.02

SSMTF vs TLCC, AJYG, RIBT: Net-Net Working Capital Comparison

For the Packaged Foods subindustry, Sensible Meats'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.


Sensible Meats Price-to-Net-Net-Working-Capital vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sensible Meats's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Sensible Meats Net-Net Working Capital Calculation

Sensible Meats's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2023 is calculated as

Net-Net Working Capital(A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.315+0.75 * 0+0.5 * 0-0.129
-0-0)/52.300
=0.08

Sensible Meats's Net-Net Working Capital (NNWC) per share for the quarter that ended in Aug. 2024 is calculated as

Net-Net Working Capital(Q: Aug. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.977+0.75 * 0+0.5 * 0-0.109
-0-0)/53.032
=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.

What does a Net-Net Working Capital of $0.02 mean?
Sensible Meats (SSMTF) has a Net-Net Working Capital of $0.02 as of Aug. 2024. 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 Sensible Meats
Is Sensible Meats' Net-Net Working Capital too high?
Sensible Meats' current Net-Net Working Capital is $0.02. The Consumer Packaged Goods industry median Net-Net Working Capital is 6.50. Sensible Meats' value of $0.02 is 99.7% below this industry median.
How does Sensible Meats' Net-Net Working Capital compare to TLCC and AJYG?
Sensible Meats' Net-Net Working Capital of $0.02 can be compared against companies in the Consumer Packaged Goods industry. The industry median Net-Net Working Capital is 6.50. Sensible Meats' value of $0.02 is 99.7% below this benchmark. 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 Consumer Packaged Goods company?
The median Net-Net Working Capital among Consumer Packaged Goods companies is 6.50, based on 663 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. Sensible Meats's current Net-Net Working Capital of $0.02 is 99.7% below the industry median. 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 Sensible Meats For the Consumer Packaged Goods industry, the median Net-Net Working Capital is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sensible Meats's current Net-Net Working Capital is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Net-Net Working Capital of $0.02. The current Net-Net Working Capital is $0.02 and 99.7% below the Consumer Packaged Goods industry median of 6.50. 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 Sensible Meats (SSMTF), the current Net-Net Working Capital is $0.02 as of Aug. 2024. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.