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Jakks Pacific (Jakks Pacific) Net-Net Working Capital

: $-1.78 (As of Dec. 2023)
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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.

Jakks Pacific's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-1.78.

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

JAKK's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.805
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jakks Pacific Net-Net Working Capital Historical Data

The historical data trend for Jakks Pacific'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.

Jakks Pacific 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 -52.56 -23.47 -10.86 -6.31 -1.78

Jakks Pacific 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 -6.31 -5.49 -5.52 -3.03 -1.78

Competitive Comparison

For the Leisure subindustry, Jakks Pacific'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.


Jakks Pacific Price-to-Net-Net-Working-Capital Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Jakks Pacific's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Jakks Pacific Net-Net Working Capital Calculation

Jakks Pacific'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(72.35+0.75 * 123.797+0.5 * 52.647-208.83
-0-0.708)/10.0962
=-1.78

Jakks Pacific'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(72.35+0.75 * 123.797+0.5 * 52.647-208.83
-0-0.708)/10.0962
=-1.78

* 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.


Jakks Pacific  (NAS:JAKK) 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.


Jakks Pacific Net-Net Working Capital Related Terms

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Jakks Pacific (Jakks Pacific) Business Description

Traded in Other Exchanges
Address
2951 28th Street, Santa Monica, CA, USA, 90405
Jakks Pacific Inc is a multi-brand toy company that designs, produces, markets, and distributes toys and related products, consumables, and related products, electronics and related products, kids' indoor and outdoor furniture, and other consumer products. Its products offering include Traditional toys and electronics such as Action figures, Toy vehicles, Dolls and accessories, Ride-on toys, Toys for pets, and others.
Executives
Benefit Street Partners Llc 10 percent owner 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lawrence I Rosen 10 percent owner 1578 SUSSEX TURNPIKE, BUILDING 5, RANDOLPH NJ 07689
Stephen G Berman director, 10 percent owner, officer: CEO, President and Secretary 22619 PACIFIC COAST HWY, MALIBU CA 90265
Lori Macpherson director C/O JAKKS PACIFIC INC., 2951 28TH ST., SANTA MONICA CA 90405
Thomas Gahan 10 percent owner 9 WEST 57TH STREET, SUITE 4700, NEW YORK NY 10019
John Joseph Mcgrath officer: Chief Operating Officer 22619 PACIFIC COAST HIGHWAY, MALIBU CA 90265
John Louis Kimble officer: Chief Financial Officer 49 8TH STREET, HERMOSA BEACH CA 90254
Carole Levine director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Axar Capital Management L.p. director, other: See Remarks 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Axar Gp, Llc director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Andrew Axelrod director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Matthew T. Winkler director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Brent T Novak officer: Chief Financial Officer C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Michael S Sitrick director 11777 SAN VICENTE BLVD SUITE 5500, LOS ANGELES CA 90049
Meisheng Cultural & Creative Corp., Ltd. 10 percent owner NANYAN DISTRICT, HI-TECH INDUSTRIAL PARK, XINCHANG, SHAOXING F4 312500