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CapStar Financial Holdings (CapStar Financial Holdings) Net-Net Working Capital : $-104.42 (As of Dec. 2023)


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What is CapStar Financial Holdings 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.

CapStar Financial Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-104.42.

The industry rank for CapStar Financial Holdings's Net-Net Working Capital or its related term are showing as below:

CSTR's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 7.545
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

CapStar Financial Holdings Net-Net Working Capital Historical Data

The historical data trend for CapStar Financial Holdings'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.

CapStar Financial Holdings Net-Net Working Capital Chart

CapStar Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.72 -85.19 -85.39 -102.60 -104.42

CapStar Financial Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -102.60 -107.94 -109.23 -106.66 -104.42

Competitive Comparison of CapStar Financial Holdings's Net-Net Working Capital

For the Banks - Regional subindustry, CapStar Financial Holdings'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.


CapStar Financial Holdings's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CapStar Financial Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where CapStar Financial Holdings's Price-to-Net-Net-Working-Capital falls into.



CapStar Financial Holdings Net-Net Working Capital Calculation

CapStar Financial Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(249.611+359.32+0.75 * 12.588+0.5 * 0-2780.617
-0-0)/20.7074
=-104.42

CapStar Financial Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(249.611+359.32+0.75 * 12.588+0.5 * 0-2780.617
-0-0)/20.7074
=-104.42

* 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.


CapStar Financial Holdings  (NAS:CSTR) 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.


CapStar Financial Holdings Net-Net Working Capital Related Terms

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


CapStar Financial Holdings (CapStar Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1201 Demonbreun Street, Suite 700, Nashville, TN, USA, 37203
CapStar Financial Holdings Inc is a bank holding company for CapStar Bank. The products and services offered by the bank include commercial and industrial loans to small and medium-sized businesses, commercial real estate loans, private banking and wealth management services, correspondent banking services, and various other retail and consumer products. The company's primary sources of revenue are derived from interest and dividends earned on loans, investment securities, and other financial instruments.
Executives
Alison Lee Jefferson officer: Interim Prin. Acctg. Officer 406 11TH AVENUE NORTH, SUITE 200, NASHVILLE TN 37203
Michael J Fowler officer: See Remarks 100 NORTH MAIN STREET, GREENEVILLE TN 37743-4992
William Tilden Delay director 115 LYNNWOOD TERRACE, NASHVILLE TN 37205
Harrison Frist director C/O KHOSLA VENTURES ACQUISITION CO. III, 2128 SAND HILL RD, MENLO PARK CA 94025
Thomas R. Flynn director 606 DEEPWOOD DRIVE, HOPKINSVILLE KY 42240
Kenneth E Webb officer: EVP of Bank Operations 6226 BROWNLEE DRIVE, NASHVILLE TN 37205
Jeffrey L Moody officer: Principal Accounting Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Amy C Goodin officer: Chief Risk Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Turner James S. Jr. director 138 2ND AVENUE NORTH, NASHVILLE TN 37201
Denis J. Duncan officer: See Remarks 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Sam B. Devane director CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Kevin Lambert officer: Chief Credit Officer CAPSTAR FIN. HOLDINGS INC-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Valora S. Gurganious director CAPSTAR FIN. HOLDINGS INC.-BRENT BINNS, 1201 DEMONBREUN STREET, SUITE 700, NASHVILLE TN 37203
Christopher G Tietz officer: See Remarks 185 EAST MARKET STREET, ATTN: LEGAL DEPARTMENT, WARREN OH 44481
Capstar Financial Holdings, Inc. officer: Chief Financial Officer 1201 DEMONBREUN STREET, SUITE 700, SUITE 700, NASHVILLE TN 37203