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Liberty Kenya Holdings (NAI:LBTY) Net-Net Working Capital : KES-40.18 (As of Dec. 2023)


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What is Liberty Kenya Holdings 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.

Liberty Kenya Holdings's Net-Net Working Capital for the quarter that ended in Dec. 2023 was KES-40.18.

The industry rank for Liberty Kenya Holdings's Net-Net Working Capital or its related term are showing as below:

NAI:LBTY's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 4.645
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Liberty Kenya Holdings Net-Net Working Capital Historical Data

The historical data trend for Liberty Kenya Holdings'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.

Liberty Kenya Holdings Net-Net Working Capital Chart

Liberty Kenya Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.44 -45.76 -43.26 -42.75 -40.18

Liberty Kenya Holdings Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 -47.44 -45.76 -43.26 -42.75 -40.18

Competitive Comparison of Liberty Kenya Holdings's Net-Net Working Capital

For the Insurance - Diversified subindustry, Liberty Kenya Holdings'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.


Liberty Kenya Holdings's Price-to-Net-Net-Working-Capital Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Liberty Kenya Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Liberty Kenya Holdings's Price-to-Net-Net-Working-Capital falls into.



Liberty Kenya Holdings Net-Net Working Capital Calculation

Liberty Kenya Holdings'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 )
=(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)
=(12857.391+0+0.75 * 253.026+0.5 * 0-34184.434
-0-387.61)/535.708
=-40.18

Liberty Kenya Holdings'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 )
=(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)
=(12857.391+0+0.75 * 253.026+0.5 * 0-34184.434
-0-387.61)/535.708
=-40.18

* 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.


Liberty Kenya Holdings  (NAI:LBTY) 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.


Liberty Kenya Holdings Net-Net Working Capital Related Terms

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Liberty Kenya Holdings (NAI:LBTY) Business Description

Traded in Other Exchanges
N/A
Address
Liberty House, Processional Way, P. O. Box 30364, Nairobi, KEN, 00100
Liberty Kenya Holdings Ltd is an insurance company. It offers long-term insurance products and services to individual and corporate markets. Its products include life insurance, health insurance, and short-term insurance. Its insurance contracts are categorized as long-term and general insurance businesses depending on the duration of risk. Its long-term business includes a life assurance business, superannuation business, industrial life assurance business, and bond investment business. General insurance business includes insurance business of aviation, engineering, fire, liability, marine, motor, personal accident, theft, workmen's compensation and employer's liability insurance, and miscellaneous insurance.

Liberty Kenya Holdings (NAI:LBTY) Headlines

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