GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Belmont Resources Inc (TSXV:BEA) » Definitions » Net-Net Working Capital

Belmont Resources (TSXV:BEA) Net-Net Working Capital : C$0.00 (As of Jul. 2024)


View and export this data going back to 1979. Start your Free Trial

What is Belmont Resources 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.

Belmont Resources's Net-Net Working Capital for the quarter that ended in Jul. 2024 was C$0.00.

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

TSXV:BEA's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Belmont Resources Net-Net Working Capital Historical Data

The historical data trend for Belmont Resources'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.

Belmont Resources Net-Net Working Capital Chart

Belmont Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 - - - -

Belmont Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - -0.01 - - -

Competitive Comparison of Belmont Resources's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Belmont Resources'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.


Belmont Resources's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Belmont Resources's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Belmont Resources Net-Net Working Capital Calculation

Belmont Resources's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net-Net Working Capital(A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.302+0.75 * 0.007+0.5 * 0-0.621
-0-0)/92.6833
=-0.00

Belmont Resources's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2024 is calculated as

Net-Net Working Capital(Q: Jul. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.076+0.75 * 0.004+0.5 * 0-0.223
-0-0)/102.183
=-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.


Belmont Resources  (TSXV:BEA) 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.


Belmont Resources Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Belmont Resources's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Belmont Resources Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Belmont Resources Inc is a Canadian resources company that is engaged in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. Its business activity of the company is the acquisition and exploration of lithium in the Kibby Basin property in Nevada, USA. It also holds interests in a gold project which is Pathfinder, Athelstan Jackpot, CBC Copper, Lone Star Copper, and Crackingstone Uranium project.
Executives
Gary Musil Director
George Sookochoff Director
Laurence Sookochoff Director
James Howard Place Director
Karim Rayani Director

Belmont Resources Headlines

No Headlines