GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Live Energy Minerals Corp (XCNQ:LIVE) » Definitions » Net-Net Working Capital

Live Energy Minerals (XCNQ:LIVE) Net-Net Working Capital : C$0.02 (As of Jan. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Live Energy Minerals 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.

Live Energy Minerals's Net-Net Working Capital for the quarter that ended in Jan. 2024 was C$0.02.

The industry rank for Live Energy Minerals's Net-Net Working Capital or its related term are showing as below:

XCNQ:LIVE's Price-to-Net-Net-Working-Capital is ranked worse than
88.57% of 884 companies
in the Metals & Mining industry
Industry Median: 5.1 vs XCNQ:LIVE: 22.50

Live Energy Minerals Net-Net Working Capital Historical Data

The historical data trend for Live Energy Minerals'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.

Live Energy Minerals Net-Net Working Capital Chart

Live Energy Minerals Annual Data
Trend Oct21 Oct22 Oct23
Net-Net Working Capital
0.04 0.02 0.02

Live Energy Minerals Quarterly Data
Apr21 Jul21 Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.01 0.01 0.02 0.02

Competitive Comparison of Live Energy Minerals's Net-Net Working Capital

For the Gold subindustry, Live Energy Minerals'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.


Live Energy Minerals's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Live Energy Minerals's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Live Energy Minerals's Price-to-Net-Net-Working-Capital falls into.



Live Energy Minerals Net-Net Working Capital Calculation

Live Energy Minerals's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2023 is calculated as

Net-Net Working Capital(A: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.383+0.75 * 0+0.5 * 0-0.053
-0-0)/18.2205
=0.02

Live Energy Minerals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2024 is calculated as

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.339+0.75 * 0+0.5 * 0-0.055
-0-0)/18.2205
=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.


Live Energy Minerals  (XCNQ:LIVE) 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.


Live Energy Minerals Net-Net Working Capital Related Terms

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


Live Energy Minerals (XCNQ:LIVE) Business Description

Traded in Other Exchanges
Address
810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Live Energy Minerals Corp is an exploration of resource properties. It holds interests in the Skygold Project located in the Cariboo Placer Region in British Columbia and also has the McDermitt Lithium Property. The company has one business segment the exploration of resource properties, in two geographic locations Canada and the United States.

Live Energy Minerals (XCNQ:LIVE) Headlines

From GuruFocus

Live Ventures Announces Acquisition of The Kinetic Co., Inc.

By GuruFocusNews GuruFocusNews 07-10-2022

Live Ventures Subsidiary Vintage Stock Announces Opening of its 70th store in Boise, Idaho

By Stock market mentor Stock market mentor 01-31-2023

Live Ventures Announces Release Date for Results for Fiscal Year 2021

By GuruFocusNews GuruFocusNews 12-15-2021