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AgEagle Aerial Systems (AgEagle Aerial Systems) Net-Net Working Capital : $-1.23 (As of Dec. 2023)


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What is AgEagle Aerial Systems 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.

AgEagle Aerial Systems's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-1.23.

The industry rank for AgEagle Aerial Systems's Net-Net Working Capital or its related term are showing as below:

UAVS's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.66
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

AgEagle Aerial Systems Net-Net Working Capital Historical Data

The historical data trend for AgEagle Aerial Systems'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.

AgEagle Aerial Systems Net-Net Working Capital Chart

AgEagle Aerial Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 7.38 -2.48 -0.36 -1.23

AgEagle Aerial Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only -0.36 -0.37 -0.27 -1.10 -1.23

Competitive Comparison of AgEagle Aerial Systems's Net-Net Working Capital

For the Computer Hardware subindustry, AgEagle Aerial Systems'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.


AgEagle Aerial Systems's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AgEagle Aerial Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where AgEagle Aerial Systems's Price-to-Net-Net-Working-Capital falls into.



AgEagle Aerial Systems Net-Net Working Capital Calculation

AgEagle Aerial Systems's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.819+0.75 * 2.058+0.5 * 6.937-14.458
-0-0)/7.02601
=-1.23

AgEagle Aerial Systems'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)
=(0.819+0.75 * 2.058+0.5 * 6.937-14.458
-0-0)/7.02601
=-1.23

* 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.


AgEagle Aerial Systems  (AMEX:UAVS) 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.


AgEagle Aerial Systems Net-Net Working Capital Related Terms

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AgEagle Aerial Systems (AgEagle Aerial Systems) Business Description

Traded in Other Exchanges
Address
8863 East. 34th Street North, Wichita, KS, USA, 67226
AgEagle Aerial Systems Inc is a provider of drone imagery data analytics for the precision and sustainable agriculture markets. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through the sales of drones and drone-related products.
Executives
Barrett Mooney director, officer: Chairman and CEO C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Nicole M. Fernandez-mcgovern officer: Chief Financial Officer C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Grant A Begley director 420 ROYAL PALM WAY, SUITE 100, PALM BEACH FL 33480
Thomas J Gardner director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael D O'sullivan officer: Chief Commercial Officer C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Bret Chilcott director, officer: CEO, President, Secretary C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael Drozd officer: Chief Executive Officer 117 S. 4TH STREET, NEODESHA KS 66757
Kull Corbett director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4 STREET, NEODESHA KS 66757
Louis G Schott officer: Chief Financial Officer 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Scott R Burell director 6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Lindsay Katrina Edwards director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Kent Roach officer: Executive Vice President 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
David L Kunovic officer: Vice President of Exploration 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209

AgEagle Aerial Systems (AgEagle Aerial Systems) Headlines

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