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LIV Capital Acquisition II (LIV Capital Acquisition II) Net-Net Working Capital : $-1.18 (As of Jun. 2023)


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What is LIV Capital Acquisition II 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.

LIV Capital Acquisition II's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $-1.18.

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

LIVB's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

LIV Capital Acquisition II Net-Net Working Capital Historical Data

The historical data trend for LIV Capital Acquisition II'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.

LIV Capital Acquisition II Net-Net Working Capital Chart

LIV Capital Acquisition II Annual Data
Trend Dec21 Dec22
Net-Net Working Capital
-0.03 -0.52

LIV Capital Acquisition II Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.47 -0.52 -0.58 -1.18

Competitive Comparison of LIV Capital Acquisition II's Net-Net Working Capital

For the Shell Companies subindustry, LIV Capital Acquisition II'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.


LIV Capital Acquisition II's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

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

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



LIV Capital Acquisition II Net-Net Working Capital Calculation

LIV Capital Acquisition II'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)
=(0.001+0.75 * 0+0.5 * 0-6.521
-0-0)/12.5434
=-0.52

LIV Capital Acquisition II's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.037+0.75 * 0+0.5 * 0-7.939
-0-0)/6.6884
=-1.18

* 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.


LIV Capital Acquisition II  (NAS:LIVB) 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.


LIV Capital Acquisition II Net-Net Working Capital Related Terms

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LIV Capital Acquisition II (LIV Capital Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
Torre Virreyes, Col. Molino del Rey, Pedregal No. 24, Piso 6-601, Mexico, MEX, 11040
LIV Capital Acquisition Corp II is a blank check company.
Executives
Javier Najera director TORRE VIRREYES PEDREGAL NO. 24, PISO 6 - 601 COL. MOLINO DEL REY, MEXICO CITY O5 11040
Jose Alverde Losada director TORRE VIRREYES PEDREGAL NO. 24, PISO 6 - 601 COL. MOLINO DEL REY, MEXICO CITY O5 11040
Jorge Esteve Recolons director TORRE VIRREYES, PEDREGAL NO. 24, PISO 6-601, COL. MOLINO DEL REY O5 CP 11040
Liv Sponsor Ii Gp, Llc 10 percent owner TORRE VIRREYES, PEDREGAL NO. 24, PISO 6 - 601, COL. MOLINO DEL REY, MEXICO CITY O5 CP 11040
Campos Carlos Alberto Rohm director LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Miguel Angel Davila director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Gamero Luis Rodrigo Clemente officer: Chief Financial Officer C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Alexander R. Rossi director, officer: CEO & Chairman C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Humberto Zesati director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Arroyo Jose Antonio Solano director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Liv Capital Acquisition Sponsor Ii, L.p. 10 percent owner TORRE VIRREYES, PEDREGAL NO. 24, PISO 6 - 601, COL. MOLINO DEL REY O5 CP 11040

LIV Capital Acquisition II (LIV Capital Acquisition II) Headlines