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Smartsheet (Smartsheet) Net-Net Working Capital

: $0.56 (As of Jan. 2024)
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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.

Smartsheet's Net-Net Working Capital for the quarter that ended in Jan. 2024 was $0.56.

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

SMAR's Price-to-Net-Net-Working-Capital is ranked worse than
92.05% of 1232 companies
in the Software industry
Industry Median: 7.15 vs SMAR: 65.71

Smartsheet Net-Net Working Capital Historical Data

The historical data trend for Smartsheet'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.

Smartsheet Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net-Net Working Capital
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.75 1.09 0.50 -0.15 0.56

Smartsheet Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net-Net Working Capital 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 Premium Member Only Premium Member Only Premium Member Only -0.15 0.01 0.32 0.42 0.56

Competitive Comparison

For the Software - Application subindustry, Smartsheet'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.


Smartsheet Price-to-Net-Net-Working-Capital Distribution

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

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



Smartsheet Net-Net Working Capital Calculation

Smartsheet's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net-Net Working Capital(A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(628.795+0.75 * 238.708+0.5 * 0-731.624
-0-0)/136.884
=0.56

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

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(628.795+0.75 * 238.708+0.5 * 0-731.624
-0-0)/136.884
=0.56

* 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.


Smartsheet  (NYSE:SMAR) 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.


Smartsheet Net-Net Working Capital Related Terms

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


Smartsheet (Smartsheet) Business Description

Traded in Other Exchanges
Address
500 108th Avenue North East, Suite 200, Bellevue, WA, USA, 98004
Smartsheet is a provider of collaborative work management software delivered via a cloud-based, software-as-a-service model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases. Smartsheet's offering supports workflow management across teams, provides real-time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per-user basis, and incremental charges for added platform capabilities.
Executives
Jolene Lau Marshall officer: Chief Legal Officer C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Michael Arntz officer: Chief Revenue Officer C/O SMARTSHEET INC., 10500 NE 8TH ST, STE 1300, BELLEVUE WA 98004
Pete Godbole officer: CFO & Treasurer C/O SMARTSHEET INC., 10500 NE 8TH ST. #1, BELLEVUE WA 98004
Alissa Jamese Abdullah director C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Mark Patrick Mader director, officer: President and CEO 3514 45TH AVE NE, SEATTLE WA 98105
James N White director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Geoffrey T Barker director 1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Khozema Shipchandler director C/O PIVOTAL SOFTWARE, INC., 875 HOWARD STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Michael P Gregoire director C/O CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Stephen Robert Branstetter officer: Chief Operating Officer C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Elena Gomez director TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Megan Hansen officer: Chief People & Culture Officer C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Dennis M Durkin director C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Andrew Lee Bennett officer: Chief Marketing Officer C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Matthew S Mcilwain director 1000 SECOND AVENUE, SUITE 3700, SEATTLE WA 98104