SailPoint Technologies Holdings (SailPoint Technologies Holdings) Net-Net Working Capital : $-2.47 (As of Jun. 2022)

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What is SailPoint Technologies 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.

SailPoint Technologies Holdings's Net-Net Working Capital for the quarter that ended in Jun. 2022 was $-2.47.

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

SAIL's Price-to-Net-Net-Working-Capital is not ranked ^*
in the Software industry.
Industry Median: 7.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

SailPoint Technologies Holdings Net-Net Working Capital Historical Data

The historical data trend for SailPoint Technologies 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.

SailPoint Technologies Holdings Net-Net Working Capital Chart

SailPoint Technologies Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Net-Net Working Capital

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-0.09

-0.11

-0.36

-0.18

-2.24

SailPoint Technologies Holdings Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Net-Net Working Capital	Get a 7-Day Free Trial															-1.80	-1.91	-2.24	-2.39	-2.47

Competitive Comparison of SailPoint Technologies Holdings's Net-Net Working Capital

For the Software - Infrastructure subindustry, SailPoint Technologies 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.

SailPoint Technologies Holdings's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, SailPoint Technologies Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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

SailPoint Technologies Holdings Net-Net Working Capital Calculation

SailPoint Technologies Holdings'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 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(435.445	+	0.75 * 147.156	+	0.5 * 0	-	755.601
-	0	-	0)	/	93.764
=	-2.24

SailPoint Technologies Holdings'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 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(402.447	+	0.75 * 144.185	+	0.5 * 0	-	744.342
-	0	-	0)	/	94.794
=	-2.47

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.

SailPoint Technologies Holdings (NYSE:SAIL) 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.

SailPoint Technologies Holdings Net-Net Working Capital Related Terms

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SailPoint Technologies Holdings (SailPoint Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SailPoint Technologies Holdings Inc (NYSE:SAIL) » Definitions » Net-Net Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

11120 Four Points Drive, Suite 100, Austin, TX, USA, 78726

Website

https://www.sailpoint.com

SailPoint Technologies Holdings Inc is an us-based company that acts as a provider of enterprise identity governance solutions. It mainly designs, develops, and markets identity governance software that helps organizations govern user access to critical systems and data. The company offers on-premises software and cloud-based solutions, which provide organizations with the intelligence required to empower users and govern their access to applications and data across hybrid IT (Information Technology) environments, whether comprised of on-premises, cloud or mobile applications. The company markets its products and services throughout North America, Europe, and the Asia Pacific regions. Most of the company's revenue comes from the United States.

Executives

Healy Colleen	officer: CFO	11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Christopher Schmitt	officer: General Counsel and Secretary	11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Matt Mills	officer: Chief Revenue Officer	11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Tracey Newell	director	4750 WILLOW ROAD, PLEASANTON CA 94588
Grady Summers	officer: EVP, Solutions and Technology	1440 MCCARTHY BLVD, MILPITAS CA 95035
William G Bock	director	400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Mark D. Mcclain	director, officer: CEO and President	C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC 11120 FOUR POINTS DRIVE, SUITE 100 AUSTIN TX 78726
Eric Domagalski	officer: Chief Accounting Officer	11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
James Cameron Mcmartin	officer: CFO and Treasurer	C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC, 11120 FOUR POINTS DRIVE, SUITE 100, AUSTIN TX 78726
Heidi M Melin	director	C/O TALEO CORPORATION 4140 DUBLIN BOULEVARD, SUITE 400 DUBLIN CA 94568
Ronald J Green	director	11120 FOUR POINTS DRIVE SUITE 100 AUSTIN TX 78726
Michael J Sullivan	director	C/O DAVIS POLK & WARDWELL 450 LEXINGTON AVENUE NEW YORK NY 10017
Sudhakar Ramakrishna	director	4750 WILLOW RD., PLEASANTON CA 94588
Jason Ream	officer: Chief Financial Officer	C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Juliette Rizkallah	officer: Chief Marketing Officer	C/O SAILPOINT TECHNOLOGIES HOLDINGS, INC 11120 FOUR POINTS DRIVE, SUITE 100 AUSTIN TX 78726