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Vocera Communications (Vocera Communications) Net-Net Working Capital : $-0.62 (As of Dec. 2021)


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What is Vocera Communications 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.

Vocera Communications's Net-Net Working Capital for the quarter that ended in Dec. 2021 was $-0.62.

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

VCRA's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.425
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vocera Communications Net-Net Working Capital Historical Data

The historical data trend for Vocera Communications'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.

Vocera Communications Net-Net Working Capital Chart

Vocera Communications Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 2.09 1.81 1.34 -0.62

Vocera Communications Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 1.34 0.41 -0.94 -0.66 -0.62

Competitive Comparison of Vocera Communications's Net-Net Working Capital

For the Communication Equipment subindustry, Vocera Communications'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.


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

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

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



Vocera Communications Net-Net Working Capital Calculation

Vocera Communications's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(332.393+0.75 * 48.213+0.5 * 7.165-393.963
-0-0)/34.9511
=-0.62

Vocera Communications's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2021 is calculated as

Net-Net Working Capital(Q: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(332.393+0.75 * 48.213+0.5 * 7.165-393.963
-0-0)/34.9511
=-0.62

* 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.


Vocera Communications  (NYSE:VCRA) 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.


Vocera Communications Net-Net Working Capital Related Terms

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


Vocera Communications (Vocera Communications) Business Description

Traded in Other Exchanges
N/A
Address
525 Race Street, San Jose, CA, USA, 95126
Vocera Communications Inc provides secure, integrated, and intelligent communication and workflow solutions that empower mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. It has two operating segments: Product and Service. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow. It also offers Vocera Communication and Workflow System, a software platform, which connects communication devices, including hands-free, wearable, voice-controlled communication badges and third-party mobile devices.
Executives
Paul T Johnson other: EVP Sales and Services C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Brent D. Lang director, officer: Chairman, President & CEO C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Mary Bridget Duffy officer: Chief Medical Officer C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Douglas Alan Carlen other: General Counsel 110 RIO ROBLES SAN JOSE CA 95134
John N Mcmullen director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Justin Spencer officer: EVP, Chief Financial Officer C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Ronald A Paulus director QUOVADX, INC. 7600 E. ORCHARD RD., SUITE 300S GREENWOOD VILLAGE CO 80111
Howard E Janzen director COOL PLANET 6400 S. FIDDLERS GREEN CIRCLE, STE 1300 GREENWOOD VILLAGE CO 80111
Alexa King director C/O FIREEYE, INC. 1440 MCCARTHY BOULEVARD MILPITAS CA 95035
Julie Iskow director 2900 UNIVERSITY BOULEVARD, AMES X1 50010
Michael Burkland director C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
Bharat Sundaram director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Jeff Hillebrand director 3061 ZANKER RD SAN JOSE CA 95134
John B. Grotting director C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Robert Zollars director 3061 ZANKER RD, SAN JOSEC CA 95134

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