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.
Altice USA's net-net working capital per share for the quarter that ended in Mar. 2022 was $-73.12.
The industry rank for Altice USA's Net-Net Working Capital or its related term are showing as below:
Altice USA Net-Net Working Capital Historical Data
The historical data trend for Altice USA'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.
|
Altice USA Annual Data
|
|
Trend |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
| Net-Net Working Capital |
|
|
-38.94 |
-41.33 |
-48.65 |
-71.16 |
-73.76 |
|
Altice USA Quarterly Data
|
|
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
| Net-Net Working Capital |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-73.60 |
-75.06 |
-74.70 |
-73.76 |
-73.12 |
Competitive Comparison
For the Telecom Services subindustry, Altice USA's Net-Net Working Capital, along with its competitors' market caps and 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.
Altice USA Net-Net Working Capital Distribution
For the Telecommunication Services industry and Communication Services sector, Altice USA's Net-Net Working Capital distribution charts can be found below:
* The bar in red indicates where Altice USA's Net-Net Working Capital falls into.
Altice USA Net-Net Working Capital Calculation
Altice USA's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as
Altice USA's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2022 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.
Altice USA Business Description
Traded in Other Exchanges
Address
1 Court Square West, Long Island City, New York, NY, USA, 11101
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provided television, internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provided comparable services to about 5.5 million homes and business in the New York City metro area. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local 24-hour news networks in New York, i24News, a news operation focused on the Middle East and Israel, and Cheddar, a news upstart.
Executives
| Next Alt S.a.r.l. |
director, 10 percent owner |
5, RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453 |
| A4 S.a. |
director |
5, RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453 |
| Drahi Patrick |
director, 10 percent owner |
WIESTISTRASSE 14 ZERMATT V8 3920 |
| Boubazine Abdelhakim |
officer: President & COO |
1111 STEWART AVENUE BETHPAGE NY 11714 |
| Schmidt Colleen |
officer: EVP Human Resources |
1 COURT SQUARE W LONG ISLAND CITY NY 11101 |
| Olsen Michael |
officer: EVP, Gen. Counsel & Secy |
1 COURT SQUARE W LONG ISLAND CITY NY 11101 |
| Taki Layth |
officer: Chief Accounting Officer |
1 COURT SQUARE WEST LONG ISLAND CITY NY 11101 |
| Grau Michael |
officer: Chief Financial Officer |
1 COURT SQUARE W LONG ISLAND CITY NY 11101 |
| Goei Dexter |
director, officer: Chief Executive Officer |
1111 STEWART AVENUE BETHPAGE NY 11714 |
| Stewart Charles |
director |
1111 STEWART AVENUE BETHPAGE NY 11714 |
| Bakker Gerrit Jan |
director |
15 RUE PIERRE FATIO 6TH FLOOR GENEVA V8 1204 |
| Mullen Mark |
director |
1111 STEWART AVENUE BETHPAGE NY 11714 |
| Okhuijsen Dennis |
director |
1111 STEWART AVENUE BETHPAGE NY 11714 |
| Connolly David |
other: Former EVP & General Counsel |
1111 STEWART AVENUE BETHPAGE NY 11714 |
| Cie Management Ix Ltd |
10 percent owner |
HERITAGE HALL LE MARCHANT STREET ST. PETER PORT Y7 GY14HY |
Altice USA Headlines
By Seekingalpha 2022-02-16
By Seekingalpha 2021-07-29
By Seekingalpha 2021-09-24
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0.95(9.31%) Volume: 3,995,607 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NYSE:ATUS has been successfully added to your 