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Marin Software (Marin Software) Net-Net Working Capital : $2.32 (As of Mar. 2024)


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What is Marin Software 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.

Marin Software's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $2.32.

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

MRIN's Price-to-Net-Net-Working-Capital is ranked better than
96.97% of 1222 companies
in the Software industry
Industry Median: 7.46 vs MRIN: 1.06

Marin Software Net-Net Working Capital Historical Data

The historical data trend for Marin Software'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.

Marin Software Net-Net Working Capital Chart

Marin Software 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 -2.99 -1.92 14.19 7.66 2.85

Marin Software 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 6.17 4.79 3.26 2.85 2.32

Competitive Comparison of Marin Software's Net-Net Working Capital

For the Software - Application subindustry, Marin Software'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.


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

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

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



Marin Software Net-Net Working Capital Calculation

Marin Software'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)
=(11.363+0.75 * 3.864+0.5 * 0-5.676
-0-0)/3.01067
=2.85

Marin Software'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)
=(9.563+0.75 * 3.422+0.5 * 0-5.022
-0-0)/3.061
=2.32

* 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.


Marin Software  (NAS:MRIN) 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.


Marin Software Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Marin Software's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Marin Software (Marin Software) Business Description

Traded in Other Exchanges
Address
845 Market Street, Suite 450, San Francisco, CA, USA, 94103
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
Executives
Robert Bertz officer: CFO 123 MISSION STREET, 27TH FLOOR, SAN FRANCISCO CA 94105
Christopher A. Lien director, officer: Chief Executive Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Diena Lee Mann director C/O MARIN SOFTWARE INC., 123 MISSION ST, 25TH FLOOR, SAN FRANCISCO CA 94105
Brian K Kinion director C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Donald P. Hutchison director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94104
Wister Walcott officer: EVP, Products and Platform C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
L Gordon Crovitz director
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Yagnesh Patel officer: VP,InterimPrinFin&AcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bradley Kinnish officer: VP Finance, Acting CFO C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bruce Dunlevie director, 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Catriona M. Fallon officer: Chief Financial Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Jugnu Bhatia officer: Controller,InterimPrinAcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Parveen Nandal officer: VP Fin,InterimPrinFinanOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105