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Sasquatch Resources (XCNQ:SASQ) Net-Net Working Capital : C$0.02 (As of Jan. 2024)


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What is Sasquatch Resources 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.

Sasquatch Resources's Net-Net Working Capital for the quarter that ended in Jan. 2024 was C$0.02.

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

XCNQ:SASQ's Price-to-Net-Net-Working-Capital is ranked better than
54.08% of 882 companies
in the Metals & Mining industry
Industry Median: 5.155 vs XCNQ:SASQ: 4.75

Sasquatch Resources Net-Net Working Capital Historical Data

The historical data trend for Sasquatch Resources'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.

Sasquatch Resources Net-Net Working Capital Chart

Sasquatch Resources Annual Data
Trend Apr22 Apr23
Net-Net Working Capital
0.03 0.02

Sasquatch Resources Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only 0.02 0.02 0.03 0.02 0.02

Competitive Comparison of Sasquatch Resources's Net-Net Working Capital

For the Other Industrial Metals & Mining subindustry, Sasquatch Resources'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.


Sasquatch Resources's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

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

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



Sasquatch Resources Net-Net Working Capital Calculation

Sasquatch Resources's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Apr. 2023 is calculated as

Net-Net Working Capital(A: Apr. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.388+0.75 * 0+0.5 * 0-0.016
-0-0)/17.904
=0.02

Sasquatch Resources'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)
=(0.509+0.75 * 0+0.5 * 0-0.02
-0-0)/23.2754
=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.


Sasquatch Resources  (XCNQ:SASQ) 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.


Sasquatch Resources Net-Net Working Capital Related Terms

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Sasquatch Resources (XCNQ:SASQ) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7
Sasquatch Resources Corp is a mineral exploration company focused on its Mount Sicker Property in British Columbia, Canada. It engages in the acquisition, exploration, and evaluation of mineral properties.
Executives
Thomas David Lamb Director

Sasquatch Resources (XCNQ:SASQ) Headlines

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