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Ncino (NCNO) Net-Net Working Capital : $-0.88 (As of Jan. 2024)


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What is Ncino 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.

Ncino's Net-Net Working Capital for the quarter that ended in Jan. 2024 was $-0.88.

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

NCNO's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.365
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Ncino Net-Net Working Capital Historical Data

The historical data trend for Ncino'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.

Ncino Net-Net Working Capital Chart

Ncino Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net-Net Working Capital
Get a 7-Day Free Trial 0.45 2.92 -0.84 -1.35 -0.88

Ncino Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1.35 -1.20 -1.06 -0.85 -0.88

Competitive Comparison of Ncino's Net-Net Working Capital

For the Software - Application subindustry, Ncino'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.


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

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

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



Ncino Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(112.085+0.75 * 106.17+0.5 * 0-287.826
-0-3.428)/113.684
=-0.88

Ncino's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2024 is calculated as

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(112.085+0.75 * 106.17+0.5 * 0-287.826
-0-3.428)/113.684
=-0.88

* 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.


Ncino  (NAS:NCNO) 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.


Ncino Net-Net Working Capital Related Terms

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


Ncino (NCNO) Business Description

Industry
Traded in Other Exchanges
Address
6770 Parker Farm Drive, Wilmington, NC, USA, 28405
Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflow and utilizes data analytics & artificial intelligence that enables financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit, and other accounts and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. Ncino generates the majority of its revenue from subscription services. The company caters to global financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.
Executives
April Rieger officer: Chief Lgl. & Compl. Ofc., Sec. 6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
Sean Desmond officer: Chief Customer Success Officer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Pierre Naude director, officer: CEO 6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
Steven A Collins director 20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Matthew Royce Hansen officer: Chief Product Officer C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Jeanette Sellers officer: VP of Accounting 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Joshua L Glover officer: President & Chief Rev Officer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Gregory Orenstein officer: Chief Corp Dev & Strat Officer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Jeff Horing director, 10 percent owner INSIGHT PARTNERS, 680 5TH AVENUE 8TH FLOOR, NEW YORK NY 10019
William R Spruill director 6770 PARKER FARM DRIVE, SUITE 200, WILMINGTON NC 28405
David Rudow officer: CFO & Treasurer 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON NC 28405
Jeffrey W Lunsford director C/O WEBSIDESTORY, INC., 10182 TELESIS COURT, 6TH FLOOR, SAN DIEGO CA 92121
Pamela Kilday director 6770 PARKER FARM DRIVE, SUITE 300, WILMINGTON, NC NC 28405
William J Ruh director PO BOX 1329, RANCHO SANTA FE CA 92067
Insight Sn Holdings 2, Llc director, 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036