GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Inverite Insights Inc (XCNQ:INVR) » Definitions » Net-Net Working Capital

Inverite Insights (XCNQ:INVR) Net-Net Working Capital : C$-0.02 (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Inverite Insights 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.

Inverite Insights's Net-Net Working Capital for the quarter that ended in Dec. 2024 was C$-0.02.

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

XCNQ:INVR's Price-to-Net-Net-Working-Capital is not ranked *
in the Credit Services industry.
Industry Median: 7.18
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Inverite Insights Net-Net Working Capital Historical Data

The historical data trend for Inverite Insights'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.

Inverite Insights Net-Net Working Capital Chart

Inverite Insights Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
-0.10 -0.09 -0.10 -0.08 -0.08

Inverite Insights Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24 Dec24
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 -0.02 -0.02 -0.02 -0.02 -0.02

Competitive Comparison of Inverite Insights's Net-Net Working Capital

For the Credit Services subindustry, Inverite Insights'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.


Inverite Insights's Price-to-Net-Net-Working-Capital Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Inverite Insights's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

Inverite Insights Net-Net Working Capital Calculation

Inverite Insights'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)
=(1.107+0.75 * 0.157+0.5 * 0-8.996
-0-0)/93.220
=-0.08

Inverite Insights's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.112+0.75 * 0.123+0.5 * 0-4.461
-0-0)/213.948
=-0.02

* 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.


Inverite Insights  (XCNQ:INVR) 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.


Inverite Insights Net-Net Working Capital Related Terms

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


Inverite Insights Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2.
Inverite Insights Inc provides AI-driven software focusing on real-time financial data, which empowers business lenders and financial institutions to transact effectively for data enrichment, identify-KYC, risk management, and compliance. The company operates a cloud-based transactional and Risk Model as a Service (RMaaS) platform; and offers open banking and consumer-directed finance solutions, including banking verification solutions to the financial services industry for income verification, credit decisioning, fraud reduction, and know-your-client/anti-money laundering purposes.
Executives
Bradley Nixon Scharfe 10% Security Holder
Michele Marrandino 10% Security Holder, Director, Senior Officer

Inverite Insights Headlines

No Headlines