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KKR Acquisition Holdings I (KKR Acquisition Holdings I) Net-Net Working Capital : $-0.35 (As of Sep. 2022)


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What is KKR Acquisition Holdings I 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.

KKR Acquisition Holdings I's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $-0.35.

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

KAHC's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

KKR Acquisition Holdings I Net-Net Working Capital Historical Data

The historical data trend for KKR Acquisition Holdings I'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.

KKR Acquisition Holdings I Net-Net Working Capital Chart

KKR Acquisition Holdings I Annual Data
Trend Dec21
Net-Net Working Capital
-0.62

KKR Acquisition Holdings I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net-Net Working Capital Get a 7-Day Free Trial -0.60 -0.62 -0.51 -0.42 -0.35

Competitive Comparison of KKR Acquisition Holdings I's Net-Net Working Capital

For the Shell Companies subindustry, KKR Acquisition Holdings I'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.


KKR Acquisition Holdings I's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where KKR Acquisition Holdings I's Price-to-Net-Net-Working-Capital falls into.



KKR Acquisition Holdings I Net-Net Working Capital Calculation

KKR Acquisition Holdings I's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.585+0.75 * 0+0.5 * 0-108.064
-0-0)/172.5
=-0.62

KKR Acquisition Holdings I's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.585+0.75 * 0+0.5 * 0-62.323
-0-0)/172.5
=-0.35

* 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.


KKR Acquisition Holdings I  (OTCPK:KAHC) 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.


KKR Acquisition Holdings I Net-Net Working Capital Related Terms

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KKR Acquisition Holdings I (KKR Acquisition Holdings I) Business Description

Traded in Other Exchanges
N/A
Address
30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
Website
KKR Acquisition Holdings I Corp is a blank check company.
Executives
Stephanie Plaines director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Meghan Frank director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Paul E Raether director C/O IDEX CORP, 630 DUNDEE ROAD, NORTHBROOK IL 60062
Kimberly A. Ross director C/O AVON PRODUCTS,INC., 1345 AVENUE OF THE AMERICAS`, NEW YORK NY 10105-0196
Glenn Murphy director, officer: CEO & Executive Chairman C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J1C7
Paula Campbell Roberts director 30 HUDSON YARDS, SUITE 7500, NEW YORK NY 10001

KKR Acquisition Holdings I (KKR Acquisition Holdings I) Headlines