WIBFF (West Island Brands) Net-Net Working Capital: $-0.10 (As of Sep. 2022)

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WIBFF West Island Brands Inc WIBFF
30 GF Score
Price $0.00
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What is West Island Brands Net-Net Working Capital?

West Island Brands WIBFF -99.97% 30 Net-Net Working Capital is $-0.10 as of Sep. 2022. GuruFocus rates WIBFF with a GF Score™ of 30/100.

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.

West Island Brands's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $-0.10.

The industry rank for West Island Brands's Net-Net Working Capital or its related term are showing as below:

WIBFF's Price-to-Net-Net-Working-Capital is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.75
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

West Island Brands  (OTCPK:WIBFF) 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.


West Island Brands Net-Net Working Capital Related Terms


West Island Brands Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for West Island Brands'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.

West Island Brands Net-Net Working Capital Chart

West Island Brands Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.51 0.22 0.07 -0.14

West Island Brands Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.03 -0.14 -0.09 -0.09 -0.10

WIBFF vs CLSH, NXEN, SNOA: Net-Net Working Capital Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, West Island Brands'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.


West Island Brands Price-to-Net-Net-Working-Capital vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, West Island Brands's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where West Island Brands's Price-to-Net-Net-Working-Capital falls into.


WIBFF
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West Island Brands Inc WIBFF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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West Island Brands Net-Net Working Capital Calculation

West Island Brands's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.184+0.75 * 0.553+0.5 * 0.36-2.241
-0-0)/10.712
=-0.14

West Island Brands's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.533+0.75 * 0.526+0.5 * 0.515-2.637
-0-0)/15.109
=-0.10

* 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 $-0.10 mean?
West Island Brands (WIBFF) has a Net-Net Working Capital of $-0.10 as of Sep. 2022. 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 West Island Brands
Is West Island Brands' Net-Net Working Capital too high?
West Island Brands' current Net-Net Working Capital is $-0.10. Overall, West Island Brands has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does West Island Brands' Net-Net Working Capital compare to CLSH and NXEN?
West Island Brands' Net-Net Working Capital of $-0.10 can be compared against companies in the Drug Manufacturers industry. The industry median Net-Net Working Capital is 7.75. 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 Drug Manufacturers company?
The median Net-Net Working Capital among Drug Manufacturers companies is 7.75, based on 415 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 West Island Brands For the Drug Manufacturers industry, the median Net-Net Working Capital is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Island Brands's current Net-Net Working Capital is $-0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Island Brands stock overvalued right now?
West Island Brands (WIBFF) has a current Net-Net Working Capital of $-0.10. The current Net-Net Working Capital is $-0.10. West Island Brands' overall GF Score™ is 30/100. 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 West Island Brands (WIBFF), the current Net-Net Working Capital is $-0.10 as of Sep. 2022. 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.

West Island Brands Business Description

Address 44 Victoria Street, Suite No 1102, Toronto, ON, CAN, M5C 1Y2
West Island Brands Inc is a multi-faceted, company in the Quebec cannabis space. A Health Canada Licence Holder West Island has standard cultivation licence, standard processing, medical sales and sales licences.
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