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BetMakers Technology Group (BetMakers Technology Group) Net-Net Working Capital : $0.00 (As of Dec. 2023)


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What is BetMakers Technology Group 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.

BetMakers Technology Group's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $0.00.

The industry rank for BetMakers Technology Group's Net-Net Working Capital or its related term are showing as below:

TPBTF's Price-to-Net-Net-Working-Capital is ranked worse than
61.35% of 207 companies
in the Travel & Leisure industry
Industry Median: 8.21 vs TPBTF: 9.05

BetMakers Technology Group Net-Net Working Capital Historical Data

The historical data trend for BetMakers Technology Group'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.

BetMakers Technology Group Net-Net Working Capital Chart

BetMakers Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial -0.02 0.04 0.09 0.05 -

BetMakers Technology Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.08 0.05 0.02 - -

Competitive Comparison of BetMakers Technology Group's Net-Net Working Capital

For the Gambling subindustry, BetMakers Technology Group'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.


BetMakers Technology Group's Price-to-Net-Net-Working-Capital Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BetMakers Technology Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where BetMakers Technology Group's Price-to-Net-Net-Working-Capital falls into.



BetMakers Technology Group Net-Net Working Capital Calculation

BetMakers Technology Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.544+0.75 * 10.367+0.5 * 2.799-32.852
-0-0)/943.542
=0.00

BetMakers Technology Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.417+0.75 * 10.831+0.5 * 2.821-30.195
-0-0)/948.262
=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.


BetMakers Technology Group  (OTCPK:TPBTF) 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.


BetMakers Technology Group Net-Net Working Capital Related Terms

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BetMakers Technology Group (BetMakers Technology Group) Business Description

Traded in Other Exchanges
Address
189 Flinders Lane, Level 4, Melbourne, VIC, AUS, 3000
BetMakers Technology Group Ltd engages in the development and provision of data and analytic products. The firm operates in three segments: Global racing network, Global betting services, and Global Tote. The Global racing network segment assists racing bodies and rights holders in producing and distributing race content including services such as barrier technology, official price calculation, vision, and pricing distribution. The Global betting services segment which derives the majority of revenue provides a variety of racing data and analytical tools consisting of basic race data such as pricing, runners, and form, analytical tools. The Global Tote segment includes the provision of tote software and integrations to facilitate tote liquidity and results.

BetMakers Technology Group (BetMakers Technology Group) Headlines