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GCT Semiconductor Holding (GCT Semiconductor Holding) Net-Net Working Capital : $-1.69 (As of Mar. 2024)


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What is GCT Semiconductor Holding 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.

GCT Semiconductor Holding's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-1.69.

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

GCTS's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 8.635
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

GCT Semiconductor Holding Net-Net Working Capital Historical Data

The historical data trend for GCT Semiconductor Holding'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.

GCT Semiconductor Holding Net-Net Working Capital Chart

GCT Semiconductor Holding Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
-20.89 -4.40 -1.75

GCT Semiconductor Holding Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial -4.40 - -1.61 -1.75 -1.69

Competitive Comparison of GCT Semiconductor Holding's Net-Net Working Capital

For the Semiconductors subindustry, GCT Semiconductor Holding'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.


GCT Semiconductor Holding's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GCT Semiconductor Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



GCT Semiconductor Holding Net-Net Working Capital Calculation

GCT Semiconductor Holding'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)
=(0.258+0.75 * 4.92+0.5 * 1.486-131.865
-0-0)/72.6142
=-1.75

GCT Semiconductor Holding's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.122+0.75 * 5.103+0.5 * 1.784-98.179
-0-0)/45.833
=-1.69

* 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.


GCT Semiconductor Holding  (NYSE:GCTS) 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.


GCT Semiconductor Holding Net-Net Working Capital Related Terms

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GCT Semiconductor Holding (GCT Semiconductor Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131
GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Holding (GCT Semiconductor Holding) Headlines

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