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Chrysalis Investments (LSE:CHRY) Net-Net Working Capital : £0.04 (As of Sep. 2023)


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What is Chrysalis Investments 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.

Chrysalis Investments's Net-Net Working Capital for the quarter that ended in Sep. 2023 was £0.04.

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

LSE:CHRY's Price-to-Net-Net-Working-Capital is ranked worse than
72.96% of 514 companies
in the Asset Management industry
Industry Median: 6.125 vs LSE:CHRY: 19.50

Chrysalis Investments Net-Net Working Capital Historical Data

The historical data trend for Chrysalis Investments'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.

Chrysalis Investments Net-Net Working Capital Chart

Chrysalis Investments Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Net-Net Working Capital
0.63 -0.19 -0.15 0.09 0.04

Chrysalis Investments Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial -0.15 0.11 0.09 0.07 0.04

Competitive Comparison of Chrysalis Investments's Net-Net Working Capital

For the Asset Management subindustry, Chrysalis Investments'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.


Chrysalis Investments's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Chrysalis Investments's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Chrysalis Investments Net-Net Working Capital Calculation

Chrysalis Investments's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2023 is calculated as

Net-Net Working Capital(A: Sep. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.626+0+0.75 * 0+0.5 * 0-1.703
-0-0)/595.15
=0.04

Chrysalis Investments'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.626+0+0.75 * 0+0.5 * 0-1.703
-0-0)/595.15
=0.04

* 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.


Chrysalis Investments  (LSE:CHRY) 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.


Chrysalis Investments Net-Net Working Capital Related Terms

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Chrysalis Investments (LSE:CHRY) Business Description

Traded in Other Exchanges
Address
Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL
Chrysalis Investments Ltd is an investment company. Its investment objective is to generate long term capital growth through investing in a portfolio consisting primarily of equity or equity-related investments in unquoted companies.

Chrysalis Investments (LSE:CHRY) Headlines

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