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Miata Metals (STU:8NQ) Net-Net Working Capital : €0.02 (As of Mar. 2025)


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What is Miata Metals 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.

Miata Metals's Net-Net Working Capital for the quarter that ended in Mar. 2025 was €0.02.

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

STU:8NQ's Price-to-Net-Net-Working-Capital is ranked worse than
58.99% of 829 companies
in the Metals & Mining industry
Industry Median: 7.41 vs STU:8NQ: 8.85

Miata Metals Net-Net Working Capital Historical Data

The historical data trend for Miata Metals'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.

Miata Metals Net-Net Working Capital Chart

Miata Metals Annual Data
Trend Mar22
Net-Net Working Capital
-

Miata Metals Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.04 0.02

Competitive Comparison of Miata Metals's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Miata Metals'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.


Miata Metals's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Miata Metals's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Miata Metals Net-Net Working Capital Calculation

Miata Metals's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2022 is calculated as

Net-Net Working Capital(A: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/26.515
=N/A

Miata Metals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.576+0.75 * 0+0.5 * 0-0.593
-0-1.039)/53.906
=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.


Miata Metals  (STU:8NQ) 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.


Miata Metals Net-Net Working Capital Related Terms

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Miata Metals Business Description

Traded in Other Exchanges
Address
2133-1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3
Miata Metals Corp engages in the identification, evaluation, acquisition, and exploration of mineral properties in Canada. It holds an interest in the Cabin Lake property. Currently working on two projects Sela Creek Gold and Nassau. The Sela Creek gold project in Suriname has been mined for alluvial gold and is currently mined for gold in weathered bedrock, called saprolite. Local miners started small-scale mining at Sela Creek in the period from 1920-1930, one of the earliest gold occurrences found in the Tapanahony river area. The Nassau Project is located ~125 km SE of Paramaribo and~100 km north of the Sela Project and is accessible via logging road. The Project is situated less than 10 km South of Newmont's Merian mine and along regional strike of Zijin's Rosebel mine.

Miata Metals Headlines

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