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HealthBeacon (DUB:HBCN) Net-Net Working Capital : €0.40 (As of Dec. 2022)


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What is HealthBeacon 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.

HealthBeacon's Net-Net Working Capital for the quarter that ended in Dec. 2022 was €0.40.

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

DUB:HBCN's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.1
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

HealthBeacon Net-Net Working Capital Historical Data

The historical data trend for HealthBeacon'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.

HealthBeacon Net-Net Working Capital Chart

HealthBeacon Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial 0.14 0.08 0.18 1.41 0.40

HealthBeacon Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Net-Net Working Capital Get a 7-Day Free Trial 0.18 0.01 1.41 1.08 0.40

Competitive Comparison of HealthBeacon's Net-Net Working Capital

For the Health Information Services subindustry, HealthBeacon'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.


HealthBeacon's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthBeacon's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



HealthBeacon Net-Net Working Capital Calculation

HealthBeacon's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.168+0.75 * 1.35+0.5 * 1.969-7.343
-0-0)/16.8896
=0.40

HealthBeacon's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2022 is calculated as

Net-Net Working Capital(Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.168+0.75 * 1.35+0.5 * 1.969-7.343
-0-0)/16.8896
=0.40

* 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.


HealthBeacon  (DUB:HBCN) 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.


HealthBeacon Net-Net Working Capital Related Terms

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HealthBeacon (DUB:HBCN) Business Description

Traded in Other Exchanges
Address
Naas Road, Muirfield Drive, Unit 20, Naas Road Business Park, Dublin, IRL, D12WD85
HealthBeacon PLC is a digital therapeutics company that develops products for managing injectable medications for patients in the home. Its Injection Care Management System tracks adherence and persistence with medication schedules through the provision of medication management reminders, safe and sustainable sharps disposal devices, educational tools, and artificial intelligence-driven data analytics. It has three operating segments: Direct-to-Consumer, Patient safety Hub and Patient Support Programmes. The company generates the majority of revenue from the DTC segment.

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