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Whole Earth Brands (Whole Earth Brands) Net Current Asset Value : $-6.09 (As of Mar. 2024)


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What is Whole Earth Brands Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Whole Earth Brands's net current asset value per share for the quarter that ended in Mar. 2024 was $-6.09.

The historical rank and industry rank for Whole Earth Brands's Net Current Asset Value or its related term are showing as below:

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Whole Earth Brands was 4.64. The lowest was 4.64. And the median was 4.64.

FREE's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.66
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Whole Earth Brands Net Current Asset Value Historical Data

The historical data trend for Whole Earth Brands's Net Current Asset Value 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.

Whole Earth Brands Net Current Asset Value Chart

Whole Earth Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial 2.18 -2.54 -7.47 -5.94 -5.92

Whole Earth Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.14 -6.24 -6.14 -5.92 -6.09

Competitive Comparison of Whole Earth Brands's Net Current Asset Value

For the Packaged Foods subindustry, Whole Earth Brands's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Whole Earth Brands's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Whole Earth Brands's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Whole Earth Brands's Price-to-Net-Current-Asset-Value falls into.



Whole Earth Brands Net Current Asset Value Calculation

Whole Earth Brands's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(320.225-574.007-0-0)/42.8535
=-5.92

Whole Earth Brands's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(319.359-581.648-0-0)/43.0585
=-6.09

* 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.


Whole Earth Brands  (NAS:FREE) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. 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.

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 Working Capital. They are collected under our Net-Net screener.


Whole Earth Brands Net Current Asset Value Related Terms

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Whole Earth Brands (Whole Earth Brands) Business Description

Traded in Other Exchanges
Address
125 South Wacker Drive, Suite 3150, Chicago, IL, USA, 60606
Whole Earth Brands Inc is a food company enabling healthier lifestyles and providing access to high-quality, plant-based sweeteners, flavor enhancers and other foods through diverse portfolio of trusted brands and delicious products. The company operates in two segments namely, Branded CPG and Flavors & Ingredients. Its portfolio consists of three main product groups: sweeteners, adjacencies and ingredients.
Executives
Rajnish Ohri officer: Interim Co-CEO 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Sababa Holdings Free Llc 10 percent owner C/O MARIPOSA CAPITAL, 500 SOUTH POINTE DRIVE STE 240, MIAMI BEACH FL 33139
Michael F Goss director BAIN CAPITAL PARTNERS LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bernardo Fiaux officer: Chief Financial Officer 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Michael E. Franklin director 125 S. WACKER DRIVE, SUITE 1250, CHICAGO IL 60606
Trisha L Fox officer: Chief Human Resources Officer 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
Martin E Franklin 10 percent owner C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Duane A Portwood officer: Chief Financial Officer 836 BARN OWL ROAD, MARIETTA GA 30068
Jeffrey S. Robinson officer: President, Mafco Worldwide LLC 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
Brian Litman officer: Chief Accounting Officer 125 S. WACKER DRIVE, SUITE 3150, CHICAGO IL 60606
John M. Mcmillin director 1345 AVENUE OF THE AMERICAS 11TH FLOOR, NEW NY 10105
Irwin D Simon director C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Ira J Lamel director C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Anuraag Agarwal director 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Denise M Faltischek director C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042