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World Wrestling Entertainment (World Wrestling Entertainment) Net-Net Working Capital : $0.58 (As of Jun. 2023)


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What is World Wrestling Entertainment 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.

World Wrestling Entertainment's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $0.58.

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

WWE's Price-to-Net-Net-Working-Capital is not ranked
in the Media - Diversified industry.
Industry Median: 5.03 vs WWE: 173.53

World Wrestling Entertainment Net-Net Working Capital Historical Data

The historical data trend for World Wrestling Entertainment'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.

World Wrestling Entertainment Net-Net Working Capital Chart

World Wrestling Entertainment Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 -4.77 -3.56 -3.76 -3.68

World Wrestling Entertainment Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -3.50 -4.20 -3.68 -3.43 0.58

Competitive Comparison of World Wrestling Entertainment's Net-Net Working Capital

For the Entertainment subindustry, World Wrestling Entertainment'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.


World Wrestling Entertainment's Price-to-Net-Net-Working-Capital Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, World Wrestling Entertainment's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



World Wrestling Entertainment Net-Net Working Capital Calculation

World Wrestling Entertainment's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(478.717+0.75 * 112.362+0.5 * 2.915-838.318
-0-0)/74.4164
=-3.68

World Wrestling Entertainment's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(523.823+0.75 * 161.949+0.5 * 2.223-597.909
-0-0)/82.9081
=0.58

* 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.


World Wrestling Entertainment  (NYSE:WWE) 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.


World Wrestling Entertainment Net-Net Working Capital Related Terms

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World Wrestling Entertainment (World Wrestling Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1241 East Main Street, Stamford, CT, USA, 06902
World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events. Its segments include Media, Live Events, and Consumer Products. The majority of its revenue comes from the Media segment, which includes the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The geographical segments are North America, which accounts for the majority of revenue; Europe/Middle East/Africa; Asia Pacific; and Latin America.
Executives
Karen M Mullane officer: Controller & Chief Accting Off C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11201
Rajan Mehta officer: EVP, Chief Product & Tech Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Suzette Ramirez-carr officer: EVP, Chief Human Resources Off 1241 EAST MAIN STREET, STAMFORD CT 06902
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Steven R Koonin director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Mckenna Michelle director 20 DAVIS DRIVE, BELMONT CA 94002
Nick Khan director, officer: Chief Executive Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Maurice F Edelson officer: EVP, Chief Legal Officer 1241 EAST MAIN STREET, STAMFORD CT 06902
Dillon Joellen Lyons director BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HARTFORDSHIRE X0 AL 109UL
Riddick Frank A Iii officer: President & CFO C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Ignace Lahoud director 1241 EAST MAIN STREET, STAMFORD CT 06902
Kevin Dunn officer: Exec Prod. & Chief Glob. Telev 1241 EST MAIN STREET, STAMFORD CT 06902
Elisebeth Collins officer: SVP General Counsel & Corp Sec 1241 EAST MAIN STREET, STAMFORD CT 06902
Bradley Blum officer: EVP, Operations & COS 1241 EAST MAIN STREET, STAMFORD CT 06902
Samira Shah officer: EVP, General Counsel & Corp Se 1241 EAST MAIN STREET, STAMFORD CT 06902