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Celestial Acquisition (TSXV:CES.P) Net-Net Working Capital : C$0.05 (As of Mar. 2025)


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What is Celestial Acquisition 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.

Celestial Acquisition's Net-Net Working Capital for the quarter that ended in Mar. 2025 was C$0.05.

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

TSXV:CES.P's Price-to-Net-Net-Working-Capital is ranked better than
51.16% of 215 companies
in the Diversified Financial Services industry
Industry Median: 1.2 vs TSXV:CES.P: 1.20

Celestial Acquisition Net-Net Working Capital Historical Data

The historical data trend for Celestial Acquisition'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.

Celestial Acquisition Net-Net Working Capital Chart

Celestial Acquisition Annual Data
Trend Sep22 Sep23 Sep24
Net-Net Working Capital
0.02 0.06 0.05

Celestial Acquisition Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Celestial Acquisition's Net-Net Working Capital

For the Shell Companies subindustry, Celestial Acquisition'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.


Celestial Acquisition's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Celestial Acquisition's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Celestial Acquisition Net-Net Working Capital Calculation

Celestial Acquisition's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Sep. 2024 is calculated as

Net-Net Working Capital(A: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.503+0.75 * 0+0.5 * 0-0.015
-0-0)/9.250
=0.05

Celestial Acquisition's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.481+0.75 * 0+0.5 * 0-0.008
-0-0)/9.250
=0.05

* 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.


Celestial Acquisition  (TSXV:CES.P) 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.


Celestial Acquisition Net-Net Working Capital Related Terms

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Celestial Acquisition Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Website
Celestial Acquisition Corp is a capital pool company. The principal business of the Corporation is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (as defined under the policies of the Exchange) (the "QT"). The Corporation has not commenced commercial operations and has no assets other than cash. Company operates single segment.

Celestial Acquisition Headlines

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