What is JMP Group LLC 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.
JMP Group LLC's Net-Net Working Capital for the quarter that ended in Sep. 2021 was $-0.80.
The industry rank for JMP Group LLC's Net-Net Working Capital or its related term are showing as below:
JMP Group LLC Net-Net Working Capital Historical Data
The historical data trend for JMP Group LLC'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.
JMP Group LLC Net-Net Working Capital Chart
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JMP Group LLC Annual Data
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Dec11 |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
| Net-Net Working Capital |
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-42.60 |
-40.77 |
-57.66 |
-5.46 |
-3.70 |
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JMP Group LLC Quarterly Data
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Dec16 |
Mar17 |
Jun17 |
Sep17 |
Dec17 |
Mar18 |
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Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
| Net-Net Working Capital |
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-4.49 |
-3.70 |
-3.48 |
-2.07 |
-0.80 |
Competitive Comparison of JMP Group LLC's Net-Net Working Capital
For the Capital Markets subindustry, JMP Group LLC'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.
JMP Group LLC's Price-to-Net-Net-Working-Capital Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, JMP Group LLC's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where JMP Group LLC's Price-to-Net-Net-Working-Capital falls into.
JMP Group LLC Net-Net Working Capital Calculation
JMP Group LLC's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2020 is calculated as
JMP Group LLC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2021 is calculated as
* 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.
JMP Group LLC (JMP Group LLC) Business Description
Traded in Other Exchanges
N/A
Address
600 Montgomery Street, Suite 1100, San Francisco, CA, USA, 94111
JMP Group LLC is an investment bank that focuses its investment banking and equity research services on small and middle-market firms in five industries: consumer, financial services, health care, real estate, and technology. JMP provides capital raising, financial advisory, sales and trading, and equity research services. JMP also manages more than $1 billion of assets through its hedge funds and collateralized loan obligation management business.
Executives
| Glenn H Tongue |
director |
600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111 |
| Craig R Johnson |
director |
600 MONTGOMERY STREET SAN FRANCISCO CA 94111 |
| Kenneth M Karmin |
director |
11111 SANTA MONICA BLVD. SUITE 1640 LOS ANGELES CA 90025 |
| Harry Mark Lunenburg |
director |
C/O TALON CAPITAL 1001 FARMINGTON AVE WEST HARTFORD CT 06107 |
| David M Dipietro |
director |
10 CHITTENDEN LANE OWINGS MILLS MD 21117 |
| Jonathan M Orszag |
director |
C/O COMPASS LEXECON 1101 K STREET NW, 8TH FLOOR WASHINGTON DC 20005 |
| Joseph A Jolson |
director, 10 percent owner, officer: CEO |
600 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94111 |
| Thomas Rowe Wright |
officer: Director of Equities |
450 PARK AVENUE 5TH FLOOR NEW YORK NY 10022 |
| Carter D Mack |
director, officer: President |
600 MONTGOMERY STREET SAN FRANCISCO CA 94111 |
| Raymond Jackson |
officer: CFO |
600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111 |
| Mark L Lehmann |
director, officer: President, JMP Securities |
600 MONTGOMERY STREET SAN FRANCISCO CA 94111 |
| Kent Ledbetter |
other: executive committee member |
600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111 |
JMP Group LLC (JMP Group LLC) Headlines
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