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Mavenome and Growth VCT 3 (LSE:MIG3) Net-Net Working Capital : £0.06 (As of Nov. 2024)


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What is Mavenome and Growth VCT 3 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.

Mavenome and Growth VCT 3's Net-Net Working Capital for the quarter that ended in Nov. 2024 was £0.06.

The industry rank for Mavenome and Growth VCT 3's Net-Net Working Capital or its related term are showing as below:

LSE:MIG3's Price-to-Net-Net-Working-Capital is ranked worse than
52.3% of 499 companies
in the Asset Management industry
Industry Median: 7.16 vs LSE:MIG3: 7.73

Mavenome and Growth VCT 3 Net-Net Working Capital Historical Data

The historical data trend for Mavenome and Growth VCT 3'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.

Mavenome and Growth VCT 3 Net-Net Working Capital Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.07 0.17 0.03 0.06

Mavenome and Growth VCT 3 Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 0.17 0.07 0.03 0.04 0.06

Competitive Comparison of Mavenome and Growth VCT 3's Net-Net Working Capital

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Price-to-Net-Net-Working-Capital falls into.


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Mavenome and Growth VCT 3 Net-Net Working Capital Calculation

Mavenome and Growth VCT 3's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Nov. 2024 is calculated as

Net-Net Working Capital(A: Nov. 2024 )
=(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)
=(7.586+0+0.75 * 0+0.5 * 0-0.346
-0-0)/121.130
=0.06

Mavenome and Growth VCT 3's Net-Net Working Capital (NNWC) per share for the quarter that ended in Nov. 2024 is calculated as

Net-Net Working Capital(Q: Nov. 2024 )
=(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)
=(7.586+0+0.75 * 0+0.5 * 0-0.346
-0-0)/121.130
=0.06

* 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.


Mavenome and Growth VCT 3  (LSE:MIG3) 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.


Mavenome and Growth VCT 3 Net-Net Working Capital Related Terms

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Mavenome and Growth VCT 3 Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a part of the financial services sector. It operating as a venture capital trust, the company aims to achieve long-term capital growth and income for its shareholders. It follows an of investing he majority of its funds in shares and securities of unquoted UK companies and AIM-quoted companies. The company funds portfolio includes Greater Manchester Loan Fund, Private Equity, and Property Fund.

Mavenome and Growth VCT 3 Headlines

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