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Better Plant Sciences (STU:YG3A) Net-Net Working Capital : €-0.08 (As of Aug. 2023)


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What is Better Plant Sciences 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.

Better Plant Sciences's Net-Net Working Capital for the quarter that ended in Aug. 2023 was €-0.08.

The industry rank for Better Plant Sciences's Net-Net Working Capital or its related term are showing as below:

STU:YG3A's Price-to-Net-Net-Working-Capital is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.96
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Better Plant Sciences Net-Net Working Capital Historical Data

The historical data trend for Better Plant Sciences'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.

Better Plant Sciences Net-Net Working Capital Chart

Better Plant Sciences Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Net-Net Working Capital
Get a 7-Day Free Trial 0.06 -0.09 0.01 -0.04 -0.08

Better Plant Sciences Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 -0.07 -0.07 -0.08

Competitive Comparison of Better Plant Sciences's Net-Net Working Capital

For the Drug Manufacturers - Specialty & Generic subindustry, Better Plant Sciences'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.


Better Plant Sciences's Price-to-Net-Net-Working-Capital Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Better Plant Sciences's Price-to-Net-Net-Working-Capital falls into.



Better Plant Sciences Net-Net Working Capital Calculation

Better Plant Sciences's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2022 is calculated as

Net-Net Working Capital(A: Nov. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.124+0.75 * 0+0.5 * 0-1.642
-0-0)/19.918
=-0.08

Better Plant Sciences's Net-Net Working Capital (NNWC) per share for the quarter that ended in Aug. 2023 is calculated as

Net-Net Working Capital(Q: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.101+0.75 * 0.029+0.5 * 0-1.637
-0-0)/19.918
=-0.08

* 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.


Better Plant Sciences  (STU:YG3A) 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.


Better Plant Sciences Net-Net Working Capital Related Terms

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Better Plant Sciences (STU:YG3A) Business Description

Traded in Other Exchanges
N/A
Address
2770 Fraser Street, Unit 1, Vancouver, BC, CAN, V5T 3V7
Better Plant Sciences Inc provides marketing, financial, branding, bookkeeping, and other services.

Better Plant Sciences (STU:YG3A) Headlines

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