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Vox Valor Capital (LSE:VOX) Net-Net Working Capital : £0.00 (As of Dec. 2023)


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What is Vox Valor Capital 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.

Vox Valor Capital's Net-Net Working Capital for the quarter that ended in Dec. 2023 was £0.00.

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

LSE:VOX's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.225
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vox Valor Capital Net-Net Working Capital Historical Data

The historical data trend for Vox Valor Capital'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.

Vox Valor Capital Net-Net Working Capital Chart

Vox Valor Capital Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
- - - -

Vox Valor Capital Semi-Annual Data
Dec20 Dec21 Jun22 Jun23 Dec23
Net-Net Working Capital - - - - -

Competitive Comparison of Vox Valor Capital's Net-Net Working Capital

For the Asset Management subindustry, Vox Valor Capital'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.


Vox Valor Capital's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

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

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



Vox Valor Capital Net-Net Working Capital Calculation

Vox Valor Capital's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.114+0.75 * 0.89+0.5 * 0-2.796
-0-0)/2368.4
=-0.00

Vox Valor Capital's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.114+0.75 * 0.89+0.5 * 0-2.796
-0-0)/2368.4
=-0.00

* 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.


Vox Valor Capital  (LSE:VOX) 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.


Vox Valor Capital Net-Net Working Capital Related Terms

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Vox Valor Capital (LSE:VOX) Business Description

Traded in Other Exchanges
N/A
Address
Forbes Hare Trust Company Limited, 10 Market Street, Suite 716, Cassia Court, Camana Bay, Grand Cayman, CYM, KY1-9006
Vox Valor Capital Ltd is the holding company for Vox Capital Limited and its subsidiary companies. It has a focus on making acquisitions of majority stakes in the financial services sector, fund management businesses, niche investment banks, trustee and custodian services businesses, and financial planning businesses.

Vox Valor Capital (LSE:VOX) Headlines

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