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Castle Alternative Invest AG in Liquidation (LTS:0P6H) Net-Net Working Capital : CHF1.99 (As of Jun. 2022)


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What is Castle Alternative Invest AG in Liquidation 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.

Castle Alternative Invest AG in Liquidation's Net-Net Working Capital for the quarter that ended in Jun. 2022 was CHF1.99.

The industry rank for Castle Alternative Invest AG in Liquidation's Net-Net Working Capital or its related term are showing as below:

LTS:0P6H's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.25
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Castle Alternative Invest AG in Liquidation Net-Net Working Capital Historical Data

The historical data trend for Castle Alternative Invest AG in Liquidation'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.

Castle Alternative Invest AG in Liquidation Net-Net Working Capital Chart

Castle Alternative Invest AG in Liquidation Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.47 -0.81 1.73 1.64 1.73

Castle Alternative Invest AG in Liquidation Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 2.24 1.64 1.87 1.73 1.99

Competitive Comparison of Castle Alternative Invest AG in Liquidation's Net-Net Working Capital

For the Asset Management subindustry, Castle Alternative Invest AG in Liquidation'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.


Castle Alternative Invest AG in Liquidation's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Castle Alternative Invest AG in Liquidation's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Castle Alternative Invest AG in Liquidation's Price-to-Net-Net-Working-Capital falls into.



Castle Alternative Invest AG in Liquidation Net-Net Working Capital Calculation

Castle Alternative Invest AG in Liquidation's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(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)
=(15.825+0+0.75 * 0+0.5 * 0-6.846
-0-0.276)/5.04366
=1.73

Castle Alternative Invest AG in Liquidation's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2022 is calculated as

Net-Net Working Capital(Q: Jun. 2022 )
=(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)
=(10.295+0+0.75 * 0+0.5 * 0-0.277
-0-0)/5.04366
=1.99

* 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.


Castle Alternative Invest AG in Liquidation  (LTS:0P6H) 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.


Castle Alternative Invest AG in Liquidation Net-Net Working Capital Related Terms

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Castle Alternative Invest AG in Liquidation (LTS:0P6H) Business Description

Traded in Other Exchanges
N/A
Address
Schutzenstrasse 6, Pfaffikon, Zurich, CHE, CH-8808
Castle Alternative Invest AG is an investment company specializing in hedge fund investments. The company's investment objective is to provide Shareholders with long term capital growth through investment in a well-diversified and managed the portfolio of hedge funds, managed accounts, and other investment vehicles. It invests in a balanced portfolio using all hedge fund strategies including long/short, relative value, event driven and macro/CTA. The company operates its business through its subsidiaries in Grand Cayman, Cayman Island, and Dublin, Ireland.

Castle Alternative Invest AG in Liquidation (LTS:0P6H) Headlines

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