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Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Net-Net Working Capital : R$-12.06 (As of Mar. 2024)


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What is Wiz Co Participacoes e Corretagem de Seguros 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.

Wiz Co Participacoes e Corretagem de Seguros's Net-Net Working Capital for the quarter that ended in Mar. 2024 was R$-12.06.

The industry rank for Wiz Co Participacoes e Corretagem de Seguros's Net-Net Working Capital or its related term are showing as below:

BSP:WIZC3's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 4.56
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Wiz Co Participacoes e Corretagem de Seguros Net-Net Working Capital Historical Data

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

Wiz Co Participacoes e Corretagem de Seguros Net-Net Working Capital Chart

Wiz Co Participacoes e Corretagem de Seguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.94 -3.08 -12.78 -12.88 -11.94

Wiz Co Participacoes e Corretagem de Seguros Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.02 -11.17 -10.51 -11.94 -12.06

Competitive Comparison of Wiz Co Participacoes e Corretagem de Seguros's Net-Net Working Capital

For the Insurance Brokers subindustry, Wiz Co Participacoes e Corretagem de Seguros'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.


Wiz Co Participacoes e Corretagem de Seguros's Price-to-Net-Net-Working-Capital Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wiz Co Participacoes e Corretagem de Seguros's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Wiz Co Participacoes e Corretagem de Seguros's Price-to-Net-Net-Working-Capital falls into.



Wiz Co Participacoes e Corretagem de Seguros Net-Net Working Capital Calculation

Wiz Co Participacoes e Corretagem de Seguros'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(35.566+20.866+0.75 * 128.458+0.5 * 0-1388.285
-0-673.937)/159.907
=-11.94

Wiz Co Participacoes e Corretagem de Seguros'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(36.996+27.276+0.75 * 139.21+0.5 * 0-1399.414
-0-696.971)/159.907
=-12.06

* 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.


Wiz Co Participacoes e Corretagem de Seguros  (BSP:WIZC3) 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.


Wiz Co Participacoes e Corretagem de Seguros Net-Net Working Capital Related Terms

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Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Business Description

Traded in Other Exchanges
N/A
Address
Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904
Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Headlines

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