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TLGA.U (TLG Acquisition One) Net-Net Working Capital : $0.00 (As of Mar. 2023)


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What is TLG Acquisition One 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.

TLG Acquisition One's Net-Net Working Capital for the quarter that ended in Mar. 2023 was $0.00.

The industry rank for TLG Acquisition One's Net-Net Working Capital or its related term are showing as below:

TLGA.U's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.5
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

TLG Acquisition One Net-Net Working Capital Historical Data

The historical data trend for TLG Acquisition One'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.

TLG Acquisition One Net-Net Working Capital Chart

TLG Acquisition One Annual Data
Trend Dec20 Dec21 Dec22
Net-Net Working Capital
- - -

TLG Acquisition One Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of TLG Acquisition One's Net-Net Working Capital

For the Shell Companies subindustry, TLG Acquisition One'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.


TLG Acquisition One's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TLG Acquisition One's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where TLG Acquisition One's Price-to-Net-Net-Working-Capital falls into.


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TLG Acquisition One Net-Net Working Capital Calculation

TLG Acquisition One's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.02+0.75 * 0+0.5 * 0-22.935
-0-0)/0
=N/A

TLG Acquisition One's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.015+0.75 * 0+0.5 * 0-26.125
-0-0)/0
=N/A

* 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.


TLG Acquisition One  (NYSE:TLGA.U) 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.


TLG Acquisition One Net-Net Working Capital Related Terms

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TLG Acquisition One Business Description

Traded in Other Exchanges
N/A
Address
515 North Flagler Drive, Suite 520, West Palm Beach, FL, USA, 33401
TLG Acquisition One Corp is a blank check company.
Executives
Petrina Thomson officer: Chief Financial Officer 625 N. FLAGLER DRIVE, SUITE 1003, WEST PALM BEACH FL 33401
Jan Klube officer: Chief Technology Officer 625 N. FLAGLER DRIVE, SUITE 1003, WEST PALM BEACH FL 33401
Carol L Coughlin director C/O HAMILTON BANCORP, INC., 501 FAIRMOUNT AVENUE, SUITE 200, TOWSON MD 21286
Jennifer Elaine Lowry director 2 HOLLINS AVE, BALTIMORE MD 21210
Neha Palmer director 1021 MAIN ST., SUITE #1960, HOUSTON TX 77002
Gbif Management Ltd. director, 10 percent owner 2345 YONGE STREET, SUITE 804, TORONTO A6 M4P 2E5
Hoof James Van Jr officer: See Remarks 625 N. FLAGLER DRIVE SUITE 1003, WEST PALM BEACH FL 33401
Gideon Soesman director 625 N. FLAGLER DRIVE SUITE 1003, WEST PALM BEACH FL 33401
Frank A Magnotti director, officer: Chief Executive Officer C/O COMVERGE, INC., 120 EAGLE ROCK AVENUE, SUITE 190, EAST HANOVER NJ 07936
Kristina A. Peterson director C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Zainabu Oke director 8300 GOLF LINKS ROAD, OAKLAND CA 94605
Edward Ho director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Tlg Acquisition Founder Llc 10 percent owner 515 NORTH FLAGLER DRIVE, SUITE 520, WEST PALM BEACH FL 33401
Kristin Muhlner director 3877 FAIRFAX RIDGE ROAD, SOUTH TOWER, FAIRFAX VA 22030
David L Johnson director, officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682

TLG Acquisition One Headlines

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