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Veea (VEEA) Net-Net Working Capital : $-1.29 (As of Sep. 2024)


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What is Veea 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.

Veea's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-1.29.

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

VEEA's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.115
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Veea Net-Net Working Capital Historical Data

The historical data trend for Veea'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.

Veea Net-Net Working Capital Chart

Veea Annual Data
Trend
Net-Net Working Capital

Veea Quarterly Data
Sep23 Jun24 Sep24
Net-Net Working Capital - -0.78 -1.29

Competitive Comparison of Veea's Net-Net Working Capital

For the Information Technology Services subindustry, Veea'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.


Veea's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

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


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Veea Net-Net Working Capital Calculation

Veea's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Veea's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.803+0.75 * 0.085+0.5 * 7.977-53
-0-0)/35.687
=-1.29

* 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.


Veea  (NAS:VEEA) 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.


Veea Net-Net Working Capital Related Terms

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Veea Business Description

Industry
Traded in Other Exchanges
N/A
Address
164 East 83rd Street, New York, NY, USA, 10028
Veea Inc is a company providing edge platform having extensive knowledge and expertise on content delivery and edge computing, and has brought a broad range of Wi-Fi, 4G/5G mobile wireless, and IoT products to market over the past two decades. It has first-in-class VeeaHub smart computing hubs integrate a full range of connectivity options, application processing power, and a full security stack to form an elastic edge computing platform with a dynamic connectivity and application mesh that can easily be deployed and centrally managed from the cloud.