SVAD (Silverton Adventures) Net-Net Working Capital: $0.00 (As of Sep. 2014)

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What is Silverton Adventures Net-Net Working Capital?

Silverton Adventures SVAD Net-Net Working Capital is $0.00 as of Sep. 2014.

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.

Silverton Adventures's Net-Net Working Capital for the quarter that ended in Sep. 2014 was $0.00.

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

SVAD's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.355
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Silverton Adventures  (OTCPK:SVAD) 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.


Silverton Adventures Net-Net Working Capital Related Terms


Silverton Adventures Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Silverton Adventures'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.

Silverton Adventures Net-Net Working Capital Chart

Silverton Adventures Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Net-Net Working Capital
Get a 7-Day Free Trial -3.70 -3.61 -10.41 -0.60 0.00

Silverton Adventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.38 -0.33 -0.38 0.00 0.00

SVAD vs STRG, BISA, BBOE: Net-Net Working Capital Comparison

For the Advertising Agencies subindustry, Silverton Adventures'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.


Silverton Adventures Price-to-Net-Net-Working-Capital vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silverton Adventures's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Silverton Adventures Net-Net Working Capital Calculation

Silverton Adventures's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2014 is calculated as

Net-Net Working Capital(A: Jun. 2014 )
=(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 * 0.012+0.5 * 0-1.083
-0-0)/1570.001
=-0.00

Silverton Adventures's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2014 is calculated as

Net-Net Working Capital(Q: Sep. 2014 )
=(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 * 0.015+0.5 * 0-1.106
-0-0)/1556.091
=-0.00

* 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 $0.00 mean?
Silverton Adventures (SVAD) has a Net-Net Working Capital of $0.00 as of Sep. 2014. 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 Silverton Adventures
Is Silverton Adventures' Net-Net Working Capital too high?
Silverton Adventures' current Net-Net Working Capital is $0.00.
How does Silverton Adventures' Net-Net Working Capital compare to STRG and BISA?
Silverton Adventures' Net-Net Working Capital of $0.00 can be compared against companies in the Media - Diversified industry. The industry median Net-Net Working Capital is 4.36. 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 Media - Diversified company?
The median Net-Net Working Capital among Media - Diversified companies is 4.36, based on 382 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. 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 Silverton Adventures For the Media - Diversified industry, the median Net-Net Working Capital is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silverton Adventures's current Net-Net Working Capital is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silverton Adventures stock overvalued right now?
Silverton Adventures (SVAD) has a current Net-Net Working Capital of $0.00. The current Net-Net Working Capital is $0.00. 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 Silverton Adventures (SVAD), the current Net-Net Working Capital is $0.00 as of Sep. 2014. 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.

Silverton Adventures Business Description

Address 31 Hung To Road, Room 1302, 13th Floor, Billion Trade Centre, Ngau Tau Kok, Kowloon, Hong Kong, HKG, 999077
Silverton Adventures Inc is engaged in the business of online e-commerce and off-line commerce, promotion, and marketing services business. The company is able to launch both online e-commerce and offline commerce together with providing promotion and marketing advisory activities using the ecFish brand, website, and its social media, and offline special events such as designing seasonal promotions campaigns during sales seasons and other special occasions.