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Livongo Health (Livongo Health) Net-Net Working Capital : $3.71 (As of Sep. 2020)


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What is Livongo Health 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.

Livongo Health's Net-Net Working Capital for the quarter that ended in Sep. 2020 was $3.71.

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

LVGO's Price-to-Net-Net-Working-Capital is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 6.58 vs LVGO: 35.76

Livongo Health Net-Net Working Capital Historical Data

The historical data trend for Livongo Health'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.

Livongo Health Net-Net Working Capital Chart

Livongo Health Annual Data
Trend Dec17 Dec18 Dec19
Net-Net Working Capital
-1.04 -1.64 4.03

Livongo Health Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.10 4.03 3.59 4.21 3.71

Competitive Comparison of Livongo Health's Net-Net Working Capital

For the Medical Devices subindustry, Livongo Health'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.


Livongo Health's Price-to-Net-Net-Working-Capital Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Livongo Health's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Livongo Health Net-Net Working Capital Calculation

Livongo Health's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2019 is calculated as

Net-Net Working Capital(A: Dec. 2019 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(391.939+0.75 * 40.875+0.5 * 28.983-53.197
-0-0)/95.301
=4.03

Livongo Health's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2020 is calculated as

Net-Net Working Capital(Q: Sep. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(796.898+0.75 * 78.479+0.5 * 22.513-489.999
-0-0)/101.585
=3.71

* 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.


Livongo Health  (NAS:LVGO) 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.


Livongo Health Net-Net Working Capital Related Terms

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Livongo Health (Livongo Health) Business Description

Traded in Other Exchanges
N/A
Address
150 West Evelyn Avenue, Suite 150, Mountain View, CA, USA, 94041
Livongo Health Inc provides a data science and technology enabled platform for detection of diabetes. Its additional solutions include Livongo for Hypertension, Livongo for Prediabetes and Weight Management, and Livongo for Behavioral Health by myStrength. The company's client comprise of employers, health plans, government entities, and labor unions. Its operations are primarily located in the United States.
Executives
Lee Shapiro officer: Chief Financial Officer C/O ALLSCRIPTS HEALTCHARE SOLUTIONS, 2401 COMMERCE DR, LIBERTYVILLE IL 60048
Glen Tullman director, officer: Executive Chairman C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
Karen L Daniel director 2801 80TH STREET, KENOSHA WI 53141
Philip E Green director C/O LIVONGO HEALTH, INC, 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
Kenneth I Chenault 10 percent owner C/O GENERAL CATALYST, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
Gc Venture Lh Manager, Llc 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR CAMBRIDGE MA 02138
Gc Partners Holdings, Lp 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
Gcgm Investment Holdings, Lp 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Management Holdings Gp, Llc 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Management Holdings, L.p. 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Gp Vi, Llc 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Gp Viii, Llc 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Partners Vi, L.p. 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Viii Supplemental, L.p. 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Viii, L.p. 10 percent owner 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138

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