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Lightspeed Commerce (LTS:0A8V) Net-Net Working Capital : C$5.29 (As of Mar. 2024)


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What is Lightspeed Commerce 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.

Lightspeed Commerce's Net-Net Working Capital for the quarter that ended in Mar. 2024 was C$5.29.

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

LTS:0A8V's Price-to-Net-Net-Working-Capital is ranked better than
71.44% of 1222 companies
in the Software industry
Industry Median: 7.235 vs LTS:0A8V: 3.86

Lightspeed Commerce Net-Net Working Capital Historical Data

The historical data trend for Lightspeed Commerce'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.

Lightspeed Commerce Net-Net Working Capital Chart

Lightspeed Commerce Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only 1.22 6.32 6.40 5.97 5.29

Lightspeed Commerce 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 5.97 5.67 5.61 5.44 5.29

Competitive Comparison of Lightspeed Commerce's Net-Net Working Capital

For the Software - Application subindustry, Lightspeed Commerce'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.


Lightspeed Commerce's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Lightspeed Commerce's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Lightspeed Commerce Net-Net Working Capital Calculation

Lightspeed Commerce's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(977.437+0.75 * 58.308+0.5 * 22.324-220.302
-0-0)/153.548
=5.29

Lightspeed Commerce'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(977.437+0.75 * 58.308+0.5 * 22.324-220.302
-0-0)/153.548
=5.29

* 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.


Lightspeed Commerce  (LTS:0A8V) 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.


Lightspeed Commerce Net-Net Working Capital Related Terms

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Lightspeed Commerce (LTS:0A8V) Business Description

Traded in Other Exchanges
Address
700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6
Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia and other countries. It derives a majority of its revenue from the United States.

Lightspeed Commerce (LTS:0A8V) Headlines

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