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Cambium Networks (Cambium Networks) Net-Net Working Capital : $-1.32 (As of Dec. 2023)


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What is Cambium Networks 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.

Cambium Networks's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-1.32.

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

CMBM's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.615
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Cambium Networks Net-Net Working Capital Historical Data

The historical data trend for Cambium Networks'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.

Cambium Networks Net-Net Working Capital Chart

Cambium Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -1.88 -0.76 0.30 0.73 -1.32

Cambium Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.73 0.60 0.44 -0.10 -1.32

Competitive Comparison of Cambium Networks's Net-Net Working Capital

For the Communication Equipment subindustry, Cambium Networks'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.


Cambium Networks's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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



Cambium Networks Net-Net Working Capital Calculation

Cambium Networks's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.71+0.75 * 63.939+0.5 * 66.878-136.941
-0-0)/27.8349
=-1.32

Cambium Networks's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.71+0.75 * 63.939+0.5 * 66.878-136.941
-0-0)/27.8349
=-1.32

* 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.


Cambium Networks  (NAS:CMBM) 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.


Cambium Networks Net-Net Working Capital Related Terms

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Cambium Networks (Cambium Networks) Business Description

Traded in Other Exchanges
Address
C/o Cambium Networks, Inc, 3800 Golf Road, Suite 360, Rolling Meadows, IL, USA, 60008
Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises, and government agencies. The company's scalable, reliable and high-performance solutions create a purpose-built wireless fabric which connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics. Headquartered outside Chicago and with R&D centers in the U.S., U.K. and India, the company sells through a range of distributors overseas.
Executives
Vikram Verma director 810 WEST MAUDE AVENUE, SUNNYVALE CA 94085
Kevin J Lynch director 201 POST STREET, SUITE 1000, SAN FRANCISCO CA 94108
Archana Nirwan officer: Chief Human Resources Officer 5470 CAMINITO EXQUISITO, SAN DIEGO CA 92130
John Monroy Becerril officer: Controller & Chief Acct Off'r C/O CAMBIUM NETWORKS, INC., 3800 GOLF ROAD, SUITE 360, ROLLING MEADOWS IL 60008
Andrew P Bronstein officer: CFO 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Felt Bruce C. Jr. director C/O SUCCESSFACTORS, INC., 1500 FASHION ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Neal M Kurk other: Relative of CEO/Director RR 1, WEARE NH 03281
Kurk Morgan C S director, officer: President and CEO C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Sally Rau officer: General Counsel PO BOX 59366, SCHAUMBURG IL 60159
Vibhu Vivek officer: Senior VP, Products 136 MILL CREEK ROAD, FREMONT CA 94539
Ronald G Ryan officer: Senior VP, Gbl Channel Mgmt 3355 RYAN TRAIL, MCKINNEY TX 75071
Scott Imhoff officer: Senior VP, Product Mgmt 653 BENT RIDGE LANE, BARRINGTON IL 60010
Graaf Raymond De officer: Senior VP, Operations C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Alexander R Slusky director, 10 percent owner 456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Robert S Amen director, 10 percent owner C/O CAMBIUM NETWORKS CORPORATION, 38 GOLF ROAD, SUITE 360, ROLLING MEADOWS IL 60008