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Haymaker Acquisition 4 (Haymaker Acquisition 4) Net-Net Working Capital : $0.00 (As of Dec. 2023)


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What is Haymaker Acquisition 4 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.

Haymaker Acquisition 4's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $0.00.

The industry rank for Haymaker Acquisition 4's Net-Net Working Capital or its related term are showing as below:

HYAC's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Haymaker Acquisition 4 Net-Net Working Capital Historical Data

The historical data trend for Haymaker Acquisition 4'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.

Haymaker Acquisition 4 Net-Net Working Capital Chart

Haymaker Acquisition 4 Annual Data
Trend Dec21 Dec23
Net-Net Working Capital
- -

Haymaker Acquisition 4 Quarterly Data
Dec21 Dec23
Net-Net Working Capital - -

Competitive Comparison of Haymaker Acquisition 4's Net-Net Working Capital

For the Shell Companies subindustry, Haymaker Acquisition 4'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.


Haymaker Acquisition 4's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Haymaker Acquisition 4's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Haymaker Acquisition 4's Price-to-Net-Net-Working-Capital falls into.



Haymaker Acquisition 4 Net-Net Working Capital Calculation

Haymaker Acquisition 4'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)
=(0.206+0.75 * 0+0.5 * 0-8.827
-0-0)/0
=N/A

Haymaker Acquisition 4's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.206+0.75 * 0+0.5 * 0-8.827
-0-0)/0
=N/A

* 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.


Haymaker Acquisition 4  (NYSE:HYAC) 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.


Haymaker Acquisition 4 Net-Net Working Capital Related Terms

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Haymaker Acquisition 4 (Haymaker Acquisition 4) Business Description

Traded in Other Exchanges
N/A
Address
501 Madison Avenue, Floor 5, New York, NY, USA, 10022
Haymaker Acquisition Corp 4 is a blank check company.
Executives
Andrew R Heyer director, 10 percent owner, officer: CEO and Executive Chairman 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Steven J Heyer director, 10 percent owner, officer: President and Director 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Roger Meltzer director 80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Christopher Bradley officer: Chief Financial Officer 650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Haymaker Sponsor Iv Llc 10 percent owner 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10022
Brian Shimko director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10022

Haymaker Acquisition 4 (Haymaker Acquisition 4) Headlines