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lastminute.com NV (CHIX:LMNZ) Net-Net Working Capital : CHF-24.31 (As of Dec. 2024)


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What is lastminute.com NV 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.

lastminute.com NV's Net-Net Working Capital for the quarter that ended in Dec. 2024 was CHF-24.31.

The industry rank for lastminute.com NV's Net-Net Working Capital or its related term are showing as below:

CHIX:LMNz's Price-to-Net-Net-Working-Capital is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.85
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

lastminute.com NV Net-Net Working Capital Historical Data

The historical data trend for lastminute.com NV'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.

lastminute.com NV Net-Net Working Capital Chart

lastminute.com NV 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 -19.29 -19.72 -26.78 -23.34 -24.31

lastminute.com NV 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 -26.78 -24.46 -23.34 -24.60 -24.31

Competitive Comparison of lastminute.com NV's Net-Net Working Capital

For the Travel Services subindustry, lastminute.com NV'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.


lastminute.com NV's Price-to-Net-Net-Working-Capital Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, lastminute.com NV's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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lastminute.com NV Net-Net Working Capital Calculation

lastminute.com NV'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(64.648+0.75 * 72.769+0.5 * 0.049-379.024
-0-0)/10.684
=-24.31

lastminute.com NV'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(64.648+0.75 * 72.769+0.5 * 0.049-379.024
-0-0)/10.684
=-24.31

* 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.


lastminute.com NV  (CHIX:LMNz) 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.


lastminute.com NV Net-Net Working Capital Related Terms

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lastminute.com NV Business Description

Traded in Other Exchanges
Address
Rokin 92, Amsterdam, NLD, 1012 KZ
lastminute.com NV operates in the online travel and leisure industry. It offers online tools & technologies for search, compare, and booking flights, vacation packages, Car rentals, Lifestyle, hotel bookings, and other Ancillary Services. The group operates under several key brands, including lastminute.com, Bravofly, Rumbo, Volagratis, Jetcost, and others. The company offers services to customers through websites and mobile apps. Its business is spread across various geographical regions, including France, the UK, Spain, Switzerland, and internationally. The company's segments include B2B which represents its Meta, Media, and Long-term partnerships, and the B2C segment represents its core business offerings, Cruise business, and others.

lastminute.com NV Headlines

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