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LCAHU (Landcadia Holdings IV) Net-Net Working Capital : $0.00 (As of Sep. 2023)


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What is Landcadia Holdings IV 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.

Landcadia Holdings IV's Net-Net Working Capital for the quarter that ended in Sep. 2023 was $0.00.

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

LCAHU's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.15
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Landcadia Holdings IV Net-Net Working Capital Historical Data

The historical data trend for Landcadia Holdings IV'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.

Landcadia Holdings IV Net-Net Working Capital Chart

Landcadia Holdings IV Annual Data
Trend Dec20 Dec21 Dec22
Net-Net Working Capital
- - -

Landcadia Holdings IV Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Landcadia Holdings IV's Net-Net Working Capital

For the Shell Companies subindustry, Landcadia Holdings IV'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.


Landcadia Holdings IV's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Landcadia Holdings IV's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Landcadia Holdings IV Net-Net Working Capital Calculation

Landcadia Holdings IV'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)
=(1.558+0.75 * 0+0.5 * 0-5.888
-0-0)/0
=N/A

Landcadia Holdings IV's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.162+0.75 * 0+0.5 * 0-6.121
-0-0)/0
=N/A

* 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.


Landcadia Holdings IV  (NAS:LCAHU) 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.


Landcadia Holdings IV Net-Net Working Capital Related Terms

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Landcadia Holdings IV Business Description

Traded in Other Exchanges
N/A
Address
1510 West Loop South, Houston, TX, USA, 77027
Website
Landcadia Holdings IV Inc is a blank check company.
Executives
Michael S Chadwick director 3100 JP MORGAN CHASE TOWER, HOUSTON TX 77002
Nicholas Daraviras officer: Vice President, Acquisitions 520 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Jefferies Financial Group Inc. director, 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Tilman J Fertitta 10 percent owner LANDRYS SEAFOOD RESTAURANTS INC, 1400 POST OAK BLVD STE 1010, HOUSTON TX 77056
Steven L Scheinthal officer: VP, GC and Secretary 1510 W LOOP S, STE 800, HOUSTON TX 77027
Rick Liem officer: VP and Chief Financial Officer 1510 WEST LOOP SOUTH, HOUSTON TX 77027
Richard B Handler director, officer: President C/O JEFFERIES LLC, 520 MADISON AVE., NEW YORK NY 10022
Scott Joseph Kelly director 1510 WEST LOOP SOUTH, HOUSTON TX 77027
Dona Cornell director 1510 WEST LOOP SOUTH, HOUSTON TX 77027
Tjf, Llc 10 percent owner 1510 WEST LOOP SOUTH, HOUSTON TX 77027

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