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Littelfuse (Littelfuse) Net-Net Working Capital : $-20.34 (As of Dec. 2023)


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What is Littelfuse 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.

Littelfuse's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-20.34.

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

LFUS's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.41
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Littelfuse Net-Net Working Capital Historical Data

The historical data trend for Littelfuse'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.

Littelfuse Net-Net Working Capital Chart

Littelfuse 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 -10.76 -6.04 -14.20 -25.29 -20.34

Littelfuse 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 -25.29 -28.47 -24.91 -22.12 -20.34

Competitive Comparison of Littelfuse's Net-Net Working Capital

For the Electronic Components subindustry, Littelfuse'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.


Littelfuse's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Littelfuse's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Littelfuse Net-Net Working Capital Calculation

Littelfuse'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)
=(555.748+0.75 * 287.018+0.5 * 474.607-1514.794
-0-0.312)/24.9128
=-20.34

Littelfuse'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)
=(555.748+0.75 * 287.018+0.5 * 474.607-1514.794
-0-0.312)/24.9128
=-20.34

* 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.


Littelfuse  (NAS:LFUS) 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.


Littelfuse Net-Net Working Capital Related Terms

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Littelfuse (Littelfuse) Business Description

Industry
Traded in Other Exchanges
Address
8755 West Higgins Road, Suite 500, Chicago, IL, USA, 60631
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
Executives
Deepak Nayar officer: SVP & GM Electronics Business 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Matthew Cole officer: SVP eMobility & Corp Strategy 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Gregory N. Henderson director C/O HITTITE MICROWAVE CORPORATION, 2 ELIZABETH DRIVE, CHELMSFORD MA 01824
T J Chung director C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Maggie Chu officer: SVP, CHRO 8755 W HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Kristina A. Cerniglia director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Cary T Fu director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Anthony Grillo director PLEASANTVILLE RD, NEW VERNON NJ 07976
William P Noglows director C/O CABOT MICROELECTRONICS CORP, 870 N. COMMONS DR, AURORA IL 60504
Maria C Green director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Jeffrey G Gorski officer: VP & Chief Accounting Officer C/O RR DONNELLEY $ SONS COMPANY, 35 W. WACKER DRIVE, CHICAGO IL 60601
Ryan K Stafford officer: EVP, CLO & Corp Secretary 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Meenal Sethna officer: Executive VP, CFO 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

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