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Liechtensteinische Landesbank AG (CHIX:LLBNZ) Net-Net Working Capital : CHF-602.93 (As of Dec. 2024)


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What is Liechtensteinische Landesbank AG 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.

Liechtensteinische Landesbank AG's Net-Net Working Capital for the quarter that ended in Dec. 2024 was CHF-602.93.

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

CHIX:LLBNz's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 6.47
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Liechtensteinische Landesbank AG Net-Net Working Capital Historical Data

The historical data trend for Liechtensteinische Landesbank AG'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.

Liechtensteinische Landesbank AG Net-Net Working Capital Chart

Liechtensteinische Landesbank AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -463.74 -487.95 -538.81 -548.73 -602.93

Liechtensteinische Landesbank AG Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -538.81 -532.46 -548.73 -568.74 -602.93

Competitive Comparison of Liechtensteinische Landesbank AG's Net-Net Working Capital

For the Banks - Regional subindustry, Liechtensteinische Landesbank AG'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.


Liechtensteinische Landesbank AG's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Liechtensteinische Landesbank AG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Liechtensteinische Landesbank AG Net-Net Working Capital Calculation

Liechtensteinische Landesbank AG's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7187.565+0+0.75 * 0+0.5 * 0-25538.426
-0-1.046)/30.438
=-602.93

Liechtensteinische Landesbank AG's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7187.565+0+0.75 * 0+0.5 * 0-25538.426
-0-1.046)/30.438
=-602.93

* 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.


Liechtensteinische Landesbank AG  (CHIX:LLBNz) 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.


Liechtensteinische Landesbank AG Net-Net Working Capital Related Terms

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Liechtensteinische Landesbank AG Business Description

Traded in Other Exchanges
Address
Stadtle 44, P.O. Box 384, Vaduz, LIE, 9490
Liechtensteinische Landesbank AG is a universal banking and financial services group. The bank's business activities are divided into the following segments: Retail & Corporate Banking and International Wealth Management. The company's product and services portfolio includes various financial services, such as payment processing, lending, mortgage, individual pension fund solutions, wealth planning, taxation, asset management, and investment advisory, among others. The company generates a majority of its revenue from the Retail & Corporate Banking segment and more than half of its revenue is earned in Liechtenstein and the rest from Switzerland and Austria.

Liechtensteinische Landesbank AG Headlines

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