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hhgregg (hhgregg) Net-Net Working Capital : $-4.46 (As of Mar. 2016)


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What is hhgregg 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.

hhgregg's Net-Net Working Capital for the quarter that ended in Mar. 2016 was $-4.46.

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

HGGG's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.02
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

hhgregg Net-Net Working Capital Historical Data

The historical data trend for hhgregg'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.

hhgregg Net-Net Working Capital Chart

hhgregg Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.49 -2.90 -3.43 -4.55 -4.46

hhgregg Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.49 -2.90 -3.43 -4.55 -4.46

Competitive Comparison of hhgregg's Net-Net Working Capital

For the Specialty Retail subindustry, hhgregg'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.


hhgregg's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, hhgregg's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



hhgregg Net-Net Working Capital Calculation

hhgregg's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2016 is calculated as

Net-Net Working Capital(A: Mar. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.703+0.75 * 11.106+0.5 * 256.559-263.998
-0-0)/27.708
=-4.46

hhgregg's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2016 is calculated as

Net-Net Working Capital(Q: Mar. 2016 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.703+0.75 * 11.106+0.5 * 256.559-263.998
-0-0)/27.708
=-4.46

* 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.


hhgregg  (OTCPK:HGGG) 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.


hhgregg Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of hhgregg's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


hhgregg (hhgregg) Business Description

Traded in Other Exchanges
N/A
Address
4151 East 96th Street, Indianapolis, IN, USA, 46240
hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.
Executives
Aaron Trahan officer: Chief Merchandising Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Michael Andretti director 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Thomas Joseph Schuetz officer: Chief Information Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Samuel J Johnson officer: Chief Retail Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Kenneth Kocher director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Kevin Kovacs officer: Principal Accounting Officer HHGREGG INC., 4151 EAST 96TH STREET, INDIANAPOLIS IN 46420
William P Carmichael director 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Catherine A Langham director LANGHAM LOGISTICS, INC., 5335 WEST 74TH STREET, INDIANAPOLIS IN 46268
Keith M Zimmerman officer: Chief Merchandising Officer HHGREGG, INC., 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Robert James Riesbeck officer: Chief Financial Officer 100 PIER 1 PLACE, FORT WORTH TX 76102
Troy H Risch officer: Chief Operating Officer 300 RADIOSHACK CIRCLE, MS CF3-203, FORT WORTH TX 76102
Andrew S Giesler officer: INTERIM CFO 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Julie Clare Lyle officer: Chief Marketing Officer 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Jeffery G Haines officer: Chief Merchandising Officer 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240

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