A "net-net" is a stock which is trading for less than its current assets minus all liabilities. Over this series, I hope to illustrate how well Benjamin Graham's net-net investing strategy works today ...
Parties to a business transaction, whether structured as a purchase of equity or assets, typically agree on a method to adjust the purchase price based on the net working capital of the acquired ...
Ben Graham liked to buy stocks whose market cap approximated the company's "net-net" working capital. A small cap jewelry stock, Movado, is near that level. A strong cash position further adds to the ...
Fixed assets and working capital combined make up the major resources used by businesses to generate income. The ability of a company to use these resources efficiently directly affects profitability.