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Unique Logistics International (Unique Logistics International) Net-Net Working Capital : $-0.08 (As of Feb. 2024)


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What is Unique Logistics International 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.

Unique Logistics International's Net-Net Working Capital for the quarter that ended in Feb. 2024 was $-0.08.

The industry rank for Unique Logistics International's Net-Net Working Capital or its related term are showing as below:

UNQL's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 5.195
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Unique Logistics International Net-Net Working Capital Historical Data

The historical data trend for Unique Logistics International'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.

Unique Logistics International Net-Net Working Capital Chart

Unique Logistics International Annual Data
Trend May20 May21 May22 May23
Net-Net Working Capital
-0.07 -0.12 -0.09 -0.07

Unique Logistics International Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.07 -0.07 -0.08 -0.07 -0.08

Competitive Comparison of Unique Logistics International's Net-Net Working Capital

For the Integrated Freight & Logistics subindustry, Unique Logistics International'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.


Unique Logistics International's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Unique Logistics International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Unique Logistics International's Price-to-Net-Net-Working-Capital falls into.



Unique Logistics International Net-Net Working Capital Calculation

Unique Logistics International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2023 is calculated as

Net-Net Working Capital(A: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.744+0.75 * 41.402+0.5 * 0-93.927
-0.001-3.546)/799.142
=-0.07

Unique Logistics International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2024 is calculated as

Net-Net Working Capital(Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.743+0.75 * 42.059+0.5 * 0-99.284
-0.001-3.606)/799.142
=-0.08

* 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.


Unique Logistics International  (OTCPK:UNQL) 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.


Unique Logistics International Net-Net Working Capital Related Terms

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Unique Logistics International (Unique Logistics International) Business Description

Traded in Other Exchanges
N/A
Address
154-09, 146th Avenue, Jamaica, NY, USA, 11434
Unique Logistics International Inc is a logistics and freight forwarding company. Its services include Air Freight, Ocean Freight, Customs Brokerage, Insurance, Domestic Distribution, and DDP and Fiscal Representation. Geographically, it derives a majority of its revenue from China, Hong Kong and Taiwan.
Executives
Migdalia Diaz officer: Chief Operating Officer 3722 CASTEEL PARK DRIVE, MARIETTA GA 30064
Sunandan Ray director, officer: Chief Executive Officer 320 SOUTHDOWN ROAD, LLYOD HARBOR NY 11743
Lee Patrick Man Bun director UNIT 05-06, 3/F, ENTERPRISE SQUARE, 9 SHEUNG YUET RD, KOWLOON BAY, KOWLOON K3 1703
David S. Briones director C/O PETRO RIVER OIL COMPANY, 1980 POST OAK BLVD., SUITE 2020, HOUSTON TX 77056
Sterling C. Barton 10 percent owner 823 SOUTH SIXTH STREET, SUITE 100, LAS VEGAS NV 89101
Keith S. Barton 10 percent owner 488 MADISON AVENUE, SUITE 1100, NEW YORK NY 10022
Gcnd, Inc. 10 percent owner C/O GARY WOLF ESQ., 488 MADISON AVE., STE. 1100, NEW YORK NY 10022

Unique Logistics International (Unique Logistics International) Headlines

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