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Tempo Automation Holdings (Tempo Automation Holdings) Net-Net Working Capital : $-1.50 (As of Mar. 2023)


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What is Tempo Automation Holdings 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.

Tempo Automation Holdings's Net-Net Working Capital for the quarter that ended in Mar. 2023 was $-1.50.

The industry rank for Tempo Automation Holdings's Net-Net Working Capital or its related term are showing as below:

TMPOQ's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.95
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Tempo Automation Holdings Net-Net Working Capital Historical Data

The historical data trend for Tempo Automation Holdings'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.

Tempo Automation Holdings Net-Net Working Capital Chart

Tempo Automation Holdings Annual Data
Trend Dec20 Dec21 Dec22
Net-Net Working Capital
-2.70 -1.26 -1.38

Tempo Automation Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23
Net-Net Working Capital Get a 7-Day Free Trial -1.26 - -7.74 -1.38 -1.50

Competitive Comparison of Tempo Automation Holdings's Net-Net Working Capital

For the Electronic Components subindustry, Tempo Automation Holdings'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.


Tempo Automation Holdings's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tempo Automation Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Tempo Automation Holdings's Price-to-Net-Net-Working-Capital falls into.



Tempo Automation Holdings Net-Net Working Capital Calculation

Tempo Automation Holdings'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)
=(7.113+0.75 * 2.633+0.5 * 2.578-46.612
-0-0)/26.3292
=-1.38

Tempo Automation Holdings'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)
=(2.227+0.75 * 1.934+0.5 * 2.342-45.491
-0-0)/27.141
=-1.50

* 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.


Tempo Automation Holdings  (OTCPK:TMPOQ) 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.


Tempo Automation Holdings Net-Net Working Capital Related Terms

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Tempo Automation Holdings (Tempo Automation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2460 Alameda Street, San Francisco, CA, USA, 94103
Tempo Automation Holdings Inc is a software-accelerated electronics manufacturer, transforming the way top companies innovate and bring new products to market. Tempo's automated manufacturing platform optimizes the complex process of printed circuit board manufacturing to deliver unmatched quality, speed, and agility. The platform's all-digital process automation, data-driven intelligence, and connected smart factory create a distinctive competitive advantage for customers to deliver tomorrow's products today.
Executives
Sqn Venture Partners, Llc 10 percent owner 320 BROAD STREET, SUITE 250, CHARLESTON SC 29401
Jacqueline D. Schneider director 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Point72 Private Investments, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Matthew W Granade director C/O TEMPO AUTOMATION, INC., 2460 ALAMEDA STREET, SAN FRANCISCO CA 94103
Joy Weiss director, officer: President & CEO C/O TEMPO AUTOMATION, INC., 2460 ALAMEDA STREET, SAN FRANCISCO CA 94103
Ace Equity Partners Llc 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
David Young Ko 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Ace Equity Partners International Pte Ltd. 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Ace So5 Holdings Ltd 10 percent owner 8 MARINA VIEW, ASIA SQUARE TOWER 1, #43-01, SINGAPORE U0 018960
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Sunny Siu director, officer: President C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse director, officer: Secretary C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park officer: Chief Financial Officer C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski director C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805