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Avalon Advanced Materials (STU:OU5A) Net-Net Working Capital : €-0.01 (As of Nov. 2023)


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What is Avalon Advanced Materials 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.

Avalon Advanced Materials's Net-Net Working Capital for the quarter that ended in Nov. 2023 was €-0.01.

The industry rank for Avalon Advanced Materials's Net-Net Working Capital or its related term are showing as below:

STU:OU5A's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Avalon Advanced Materials Net-Net Working Capital Historical Data

The historical data trend for Avalon Advanced Materials'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.

Avalon Advanced Materials Net-Net Working Capital Chart

Avalon Advanced Materials Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug23 Aug24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - -0.01 - -0.01

Avalon Advanced Materials Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 Feb23 May23 Aug23 Nov23 Aug24
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

Competitive Comparison of Avalon Advanced Materials's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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.


Avalon Advanced Materials's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avalon Advanced Materials's Price-to-Net-Net-Working-Capital falls into.



Avalon Advanced Materials Net-Net Working Capital Calculation

Avalon Advanced Materials's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2024 is calculated as

Net-Net Working Capital(A: Aug. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.473+0.75 * 0+0.5 * 0-5.815
-0-0)/571.79
=-0.01

Avalon Advanced Materials's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2023 is calculated as

Net-Net Working Capital(Q: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.52+0.75 * 0+0.5 * 0-3.606
-0-0)/560.374
=-0.01

* 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.


Avalon Advanced Materials  (STU:OU5A) 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.


Avalon Advanced Materials Net-Net Working Capital Related Terms

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Avalon Advanced Materials Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 2060, Toronto, ON, CAN, M5H 3P5
Avalon Advanced Materials Inc is a mineral exploration and development company. It is principally engaged in the acquisition, exploration, evaluation, and development of specialty and critical minerals properties, located principally in Canada. It holds an exploration license within four claims in the East Kemptville area of Yarmouth, Nova Scotia. The company also holds an interest in a mining lease in the Warren Township Anorthosite Project, Nechalacho REE Project and Net Smelter Returns (NSR) rights in the East Cedartree Gold Property, and the Wolf Mountain Platinum-Palladium Project.

Avalon Advanced Materials Headlines

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