I think a company can be worthless and be profitable with no debt if they can't collect their accts receivs outstanding and that number is more than the cash the company has on hand or if profits are rising slower than Accts Receivs and they have accts payable to worry about. That' assuming we assign a zero value for the rest of the company.
But in Alloy's case clearly they will not be worthless. They collect on their ARs relatively well.
OK, i'm done for the day. Gotta spend time with family. The Mrs aint happy these days, hope she deosn't change the rules on me with investing.
I've had an order at $0.91 for days but I didn't get any today.