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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.
Weave Communications's Net-Net Working Capital for the quarter that ended in Sep. 2024 was $-0.26.
The industry rank for Weave Communications's Net-Net Working Capital or its related term are showing as below:
The historical data trend for Weave Communications'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.
Weave Communications Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Net-Net Working Capital | -2.02 | -2.64 | 0.98 | -0.14 | -0.15 |
Weave Communications Quarterly Data | |||||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Net-Net Working Capital | Get a 7-Day Free Trial | -0.13 | -0.15 | -0.28 | -0.25 | -0.26 |
For the Health Information Services subindustry, Weave Communications'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.
For the Healthcare Providers & Services industry and Healthcare sector, Weave Communications's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Weave Communications's Price-to-Net-Net-Working-Capital falls into.
Weave Communications'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 ) | ||||||
= | (Cash, Cash Equivalents, Marketable Securities | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (108.844 | + | 0.75 * 3.511 | + | 0.5 * 0 | - | 122.055 |
- | 0 | - | 0) | / | 70.1164 | ||
= | -0.15 |
Weave Communications'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) | ||
= | (98.158 | + | 0.75 * 8.364 | + | 0.5 * 0 | - | 123.191 |
- | 0 | - | 0) | / | 72.5177 | ||
= | -0.26 |
* 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.
Weave Communications (NYSE:WEAV) 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.
Thank you for viewing the detailed overview of Weave Communications's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.
Blake G Modersitzki | director | 2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121 |
Crosslink Capital Inc | 10 percent owner | 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025 |
Erin Goodsell | officer: Chief Legal Officer & Corp.Sec | C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043 |
Alan Taylor | officer: Chief Financial Officer | C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043 |
Branden Neish | officer: Chief Product &Technology Ofcr | C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043 |
Matthew C. Hyde | officer: Chief Revenue Officer | C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043 |
Bessemer Venture Partners Ix L.p. | 10 percent owner | C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538 |
Tiger Global Management Llc | 10 percent owner | 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019 |
George P Scanlon | director | 13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224 |
Marty Smuin | officer: Chief Operating Officer | C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043 |
Wendy Harper | officer: Chief Legal Officer & Corp.Sec | C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043 |
Harvey Stuart C. Jr | director | C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602 |
Ashish Chaudhary | officer: Chief Technology Officer | C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043 |
Debora B Tomlin | director | 6550 OAK LEAF COURT, YOUNTVILLE CA 94599 |
Coleman Charles P Iii | 10 percent owner | C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019 |
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