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CVC Capital Partners (XAMS:CVC) Net-Net Working Capital : €-3.42 (As of Dec. 2024)


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What is CVC Capital Partners 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.

CVC Capital Partners's Net-Net Working Capital for the quarter that ended in Dec. 2024 was €-3.42.

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

XAMS:CVC's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.65
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

CVC Capital Partners Net-Net Working Capital Historical Data

The historical data trend for CVC Capital Partners'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.

CVC Capital Partners Net-Net Working Capital Chart

CVC Capital Partners Annual Data
Trend Dec23 Dec24
Net-Net Working Capital
-2.46 -3.42

CVC Capital Partners Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Net-Net Working Capital - -2.46 -2.47 -3.42

Competitive Comparison of CVC Capital Partners's Net-Net Working Capital

For the Asset Management subindustry, CVC Capital Partners'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.


CVC Capital Partners's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CVC Capital Partners's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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CVC Capital Partners Net-Net Working Capital Calculation

CVC Capital Partners's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(618.289+0.75 * 42.304+0.5 * 0-3463.044
-0-817.984)/1062.984
=-3.42

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

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(618.289+0.75 * 42.304+0.5 * 0-3463.044
-0-817.984)/1062.984
=-3.42

* 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.


CVC Capital Partners  (XAMS:CVC) 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.


CVC Capital Partners Net-Net Working Capital Related Terms

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CVC Capital Partners Business Description

Traded in Other Exchanges
Address
Level 1, IFC 1, Esplanade, St Helier, JEY, JE2 3BX
Citibank established CVC Capital Partners in 1981 as its European venture capital business. Spun out as a wholly independent entity in 1993, CVC, in due course, transformed into a manager of private equity, private credit, real estate, and infrastructure funds. CVC invests most of its funds in Europe and the United States, with a smaller exposure to Asia.

CVC Capital Partners Headlines

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