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Eventbrite (Eventbrite) Net-Net Working Capital : $-0.72 (As of Mar. 2024)


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What is Eventbrite 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.

Eventbrite's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-0.72.

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

EB's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.375
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Eventbrite Net-Net Working Capital Historical Data

The historical data trend for Eventbrite'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.

Eventbrite Net-Net Working Capital Chart

Eventbrite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial 0.47 0.28 -1.01 -1.04 -0.76

Eventbrite Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.85 -0.62 -0.70 -0.76 -0.72

Competitive Comparison of Eventbrite's Net-Net Working Capital

For the Software - Application subindustry, Eventbrite'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.


Eventbrite's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

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



Eventbrite Net-Net Working Capital Calculation

Eventbrite'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)
=(642.946+0.75 * 2.814+0.5 * 0-721.573
-0-0)/101.276
=-0.76

Eventbrite's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(693.643+0.75 * 3.314+0.5 * 0-768.034
-0-0)/99.4873
=-0.72

* 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.


Eventbrite  (NYSE:EB) 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.


Eventbrite Net-Net Working Capital Related Terms

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Eventbrite (Eventbrite) Business Description

Industry
Traded in Other Exchanges
Address
535 Mission Street, 8th Floor, San Francisco, CA, USA, 94105
Eventbrite Inc is a United States based self-service ticketing and experience technology platform that serves event creators. It is engaged in creating a platform to enable creators to solve many challenges associated with creating live experiences. The Company's platform integrates components needed to seamlessly plan, promote and produce live events. Its platform helps to plan, promote and produce live events, thereby allowing creators to reduce friction and costs, increase reach and drive ticket sales. Geographically, it generates maximum revenue from the United States.
Executives
Charles Baker officer: Chief Financial Officer C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Vivek Sagi officer: Chief Technology Officer C/O EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Pilar Manchon director C/O EVENTBRITE, INC., 95 THIRD STREET, 2ND FLOOR, SAN FRANCISCO CA 94103
Julia D. Taylor officer: General Counsel C/O EVENTBRITE, INC., 535 MISSION STREET, 8TH FLOOR, SAN FRANCISCO CA 94105
Ted Dworkin officer: Chief Product Officer C/O EVENTBRITE, INC., 535 MISSION STREET, 8TH FLOOR, SAN FRANCISCO CA 94105
April Underwood director C/O ZILLOW GROUP, INC., 1301 2ND AVE, FLOOR 31, SEATTLE WA 98101
Sequoia Grove Ii, Llc 10 percent owner SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Manager, Llc 10 percent owner SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Xiaojing Fan officer: Chief Accounting Officer, other: Chief Accounting Officer C/O EVENTBRITE, INC., 155 5TH ST., 7TH FL., SAN FRANCISCO CA 94103
Naomi Wheeless director C/O EVENTBRITE, INC., 155 5TH ST., 7TH FL., SAN FRANCISCO CA 94103
Samantha Harnett officer: See Remarks 1836 CLEMENS ROAD, OAKLAND CA 94602
Patrick David Poels officer: SVP of Platform EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Sequoia Capital U.s. Venture 2010-seed Fund, L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Andrew Dreskin director EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Omer Cohen officer: Chief People Officer EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103