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.
The Lovesac Co's Net-Net Working Capital for the quarter that ended in Jan. 2024 was $-7.64.
The industry rank for The Lovesac Co's Net-Net Working Capital or its related term are showing as below:
The Lovesac Co Net-Net Working Capital Historical Data
The historical data trend for The Lovesac Co'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.
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The Lovesac Co Annual Data
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Trend |
Jan16 |
Jan17 |
Jan18 |
Jan19 |
Jan20 |
Jan21 |
Jan22 |
Jan23 |
Jan24 |
| Net-Net Working Capital |
Array
(
[0] => -
[1] => -
[2] => -
[3] => -
[4] => 2.40
[5] => 2.77
[6] => -3.85
[7] => -6.93
[8] => -7.64
)
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|
|
|
|
2.40 |
2.77 |
-3.85 |
-6.93 |
-7.64 |
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The Lovesac Co Quarterly Data
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Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Net-Net Working Capital |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-6.93 |
-8.31 |
-8.63 |
-9.36 |
-7.64 |
Competitive Comparison
For the Furnishings, Fixtures & Appliances subindustry, The Lovesac Co'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.
The Lovesac Co Price-to-Net-Net-Working-Capital Distribution
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, The Lovesac Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where The Lovesac Co's Price-to-Net-Net-Working-Capital falls into.
The Lovesac Co Net-Net Working Capital Calculation
The Lovesac Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2024 is calculated as
The Lovesac Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2024 is calculated as
* 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.
The Lovesac Co (The Lovesac Co) Business Description
Traded in Other Exchanges
N/A
Address
Two Landmark Square, Suite 300, Stamford, CT, USA, 06901
The Lovesac Co designs, manufactures and sells alternative furniture which is comprised of modular couches called sactionals and premium foam beanbag chairs called sacs. It also offers other accessories such as sactional-specific drink holders, Footsac blankets, decorative pillows, fitted seat tables and ottoman. Its products are sold across the United States through its website or company-owned retail stores which are used in homes and offices. Majority of the firm's revenue gets derives from the sale of Sactionals.
Executives
| Andrew R Heyer |
director, 10 percent owner |
501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019 |
| Shawn David Nelson |
director, officer: Chief Executive Officer |
2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820 |
| Satori Capital, Llc |
10 percent owner |
2501 N. HARWOOD ST., 20TH FLOOR, DALLAS TX 75201 |
| Keith R. Siegner |
officer: EVP and CFO |
TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901 |
| Vineet Mehra |
director |
330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013 |
| Sharon M Leite |
director |
100 PIER 1 PLACE, FT. WORTH TX 76102 |
| Shirley Romig |
director |
TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901 |
| Albert Jack Krause |
director, officer: President and COO |
2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820 |
| Walter Field Mclallen |
director |
1225 17TH AVE SOUTH, NASHVILLE TN 37212 |
| Mary Fox |
director |
TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901 |
| Mistral Equity Partners, Lp |
10 percent owner |
650 FIFTH AVENUE, 31ST FLOOR, New York NY 10019 |
| Mistral Sac Holdings, Llc |
10 percent owner |
650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019 |
| Jared Rubin |
director |
4300 E. FIFTH AVE., COLUMBUS OH 43219 |
| Sac Acquisition Llc |
10 percent owner |
700 CANAL STREET, 4TH FLOOR, STAMFORD CT 06902 |
| Donna Dellomo |
officer: Executive VP and CFO |
35 SAWGRASS DRIVE, SUITE 2, BELLPORT NY 11713 |
The Lovesac Co (The Lovesac Co) Headlines
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