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Verisk Analytics (Verisk Analytics) Net-Net Working Capital : $-24.53 (As of Dec. 2023)


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What is Verisk Analytics 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.

Verisk Analytics's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-24.53.

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

VRSK's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 6.26
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Verisk Analytics Net-Net Working Capital Historical Data

The historical data trend for Verisk Analytics'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.

Verisk Analytics Net-Net Working Capital Chart

Verisk Analytics 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 -26.54 -26.77 -28.94 -31.64 -24.53

Verisk Analytics 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 -31.64 -24.66 -23.64 -22.75 -24.53

Competitive Comparison of Verisk Analytics's Net-Net Working Capital

For the Consulting Services subindustry, Verisk Analytics'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.


Verisk Analytics's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Verisk Analytics's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Verisk Analytics Net-Net Working Capital Calculation

Verisk Analytics'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)
=(302.7+0.75 * 317.1+0.5 * 0-4043.9
-0-12.2)/143.309
=-24.53

Verisk Analytics'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)
=(302.7+0.75 * 317.1+0.5 * 0-4043.9
-0-12.2)/143.309
=-24.53

* 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.


Verisk Analytics  (NAS:VRSK) 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.


Verisk Analytics Net-Net Working Capital Related Terms

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


Verisk Analytics (Verisk Analytics) Business Description

Address
545 Washington Boulevard, Jersey City, NJ, USA, 07310-1686
Verisk Analytics is the leading provider of statistical, actuarial, and underwriting data for the United States' property and casualty insurance industry. Verisk leverages a vast contributory database and proprietary data assets to develop analytical tools helping insurance providers to better assess and price risk, achieve operational efficiency and optimize claim settlement processes. While Verisk also offers tools to quantify costs after loss events occur and to detect fraudulent activity, it is expanding into adjacent markets of life insurance, marketing, and non-U.S. operations.
Executives
Nicholas Daffan officer: Chief Information Officer C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Samuel G Liss director VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Bruce Edward Hansen director 17732 VINEYARD LANE, POWAY CA 92064
Wendy E Lane director
David J. Grover officer: Chief Accounting Officer C/O VERISK ANALYSIS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Christopher M Foskett director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
David B Wright director C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kathy Card Beckles officer: EVP, Gen Counsel and Corp Sec C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 073I0
Elizabeth Mann officer: Chief Financial Officer C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Olumide Soroye director 6920 SEAWAY BLVD., EVERETT WA 98203
Lee Shavel officer: EVP and CFO ONE LIBERTY PLAZA, NEW YORK NY 10006
Jeffrey J Dailey director 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Kimberly S Stevenson director 199 FREMONT STREET, 7TH FLOOR, SAN FRANCISCO CA 94105
Scott G Stephenson officer: EVP & COO C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686