SELECT * FROM `stock_list` WHERE `symbol` = "VVDTF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='VVDTF' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "VVDTF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 VVDTF (Vivid Technology) Net-Net Working Capital
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vivid Technology Ltd (OTCPK:VVDTF) » Definitions » Net-Net Working Capital

Vivid Technology (Vivid Technology) Net-Net Working Capital : $-0.01 (As of Dec. 2018)


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What is Vivid Technology 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.

Vivid Technology's Net-Net Working Capital for the quarter that ended in Dec. 2018 was $-0.01.

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

VVDTF's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 7.1
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vivid Technology Net-Net Working Capital Historical Data

The historical data trend for Vivid Technology'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.

Vivid Technology Net-Net Working Capital Chart

Vivid Technology Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 -0.01 - -0.01

Vivid Technology Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 -0.01

Competitive Comparison of Vivid Technology's Net-Net Working Capital

For the Utilities - Renewable subindustry, Vivid Technology'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.


Vivid Technology's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vivid Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Vivid Technology Net-Net Working Capital Calculation

Vivid Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2018 is calculated as

Net-Net Working Capital(A: Jun. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.495+0.75 * 0.699+0.5 * 0.768-4.002
-0--0.03)/475.72
=-0.01

Vivid Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2018 is calculated as

Net-Net Working Capital(Q: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.901+0.75 * 0.612+0.5 * 0.594-4.535
-0--0.029)/531.76
=-0.01

* 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.


Vivid Technology  (OTCPK:VVDTF) 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.


Vivid Technology Net-Net Working Capital Related Terms

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Vivid Technology (Vivid Technology) Business Description

Traded in Other Exchanges
N/A
Address
500 Collins Street, Level 14, Melbourne, VIC, AUS, 3000
Vivid Technology Ltd is an Australian-based renewable energy company with interests in technology-focused solutions in industrial energy efficiency and CO2-to-fuel conversion markets. The company operates through three segments: Industrial Energy Efficiency which provides lighting solutions to industrial and commercial business in Australia and Pacific Rim, The Technology investment segment includes technology investments or projects; The Other investment segment includes company's previous investment in geothermal activities. The company generates maximum revenue from Energy efficiency segment.

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