Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Total Sports Media's Net-Net Working Capital for the quarter that ended in May. 2017 was $-1.91.
The industry rank for Total Sports Media's Net-Net Working Capital or its related term are showing as below:
TSMI's Price-to-Net-Net-Working-Capital is not ranked *
in the Media - Diversified industry.
Industry Median: 4.49 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Total Sports Media (OTCPK:TSMI) 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.
Total Sports Media Net-Net Working Capital Related Terms
Total Sports Media Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Total Sports Media'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.
TSMI vs ASKH, AFOM, GFMH: Net-Net Working Capital Comparison
For the Advertising Agencies subindustry, Total Sports Media'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.
Total Sports Media Price-to-Net-Net-Working-Capital vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Total Sports Media's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Total Sports Media's Price-to-Net-Net-Working-Capital falls into.
* 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 $-1.91 mean?
Total Sports Media (TSMI) has a Net-Net Working Capital of $-1.91 as of May. 2017. 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 Total Sports Media
Is Total Sports Media's Net-Net Working Capital too high?
Total Sports Media's current Net-Net Working Capital is $-1.91.
How does Total Sports Media's Net-Net Working Capital compare to ASKH and AFOM?
Total Sports Media's Net-Net Working Capital of $-1.91 can be compared against companies in the Media - Diversified industry. The industry median Net-Net Working Capital is 4.49. 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 4.49, based on 385 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 Total Sports Media For the Media - Diversified industry, the median Net-Net Working Capital is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Total Sports Media's current Net-Net Working Capital is $-1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Sports Media stock overvalued right now?
Total Sports Media (TSMI) has a current Net-Net Working Capital of $-1.91. The current Net-Net Working Capital is $-1.91. 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 Total Sports Media (TSMI), the current Net-Net Working Capital is $-1.91 as of May. 2017. 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.
Total Sports Media Inc is a digital media and technology services company. The company provides advertising and streaming services through its RadioLoyalty platform. It serves mobile broadcasters, the internet, and terrestrial radio stations as well as other broadcast content providers. All of the company's principal operations are located in Goleta, California. Its revenue is principally derived from advertising services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSMI has been successfully added to your 
