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SBC Exports (BOM:542725) Net-Net Working Capital : ₹-1.29 (As of Mar. 2024)


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What is SBC Exports 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.

SBC Exports's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-1.29.

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

BOM:542725's Price-to-Net-Net-Working-Capital is not ranked *
in the Conglomerates industry.
Industry Median: 6.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

SBC Exports Net-Net Working Capital Historical Data

The historical data trend for SBC Exports'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.

SBC Exports Net-Net Working Capital Chart

SBC Exports 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 -0.19 -0.41 -0.56 -0.59 -1.29

SBC Exports Quarterly Data
Sep18 Dec18 Mar19 Sep19 Mar20 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 -0.59 - -0.24 - -1.29

Competitive Comparison of SBC Exports's Net-Net Working Capital

For the Conglomerates subindustry, SBC Exports'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.


SBC Exports's Price-to-Net-Net-Working-Capital Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SBC Exports's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



SBC Exports Net-Net Working Capital Calculation

SBC Exports'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)
=(138.353+0.75 * 908.385+0.5 * 354.854-1405.484
-0-0)/317.46
=-1.29

SBC Exports'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)
=(138.353+0.75 * 908.385+0.5 * 354.854-1405.484
-0-0)/317.46
=-1.29

* 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.


SBC Exports  (BOM:542725) 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.


SBC Exports Net-Net Working Capital Related Terms

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SBC Exports (BOM:542725) Business Description

Traded in Other Exchanges
Address
49/95 Site-IV Sahibabad Industrial Area, Ghaziabad, UP, IND, 201010
SBC Exports Ltd is engaged in the Trading of handmade carpets, cushion covers, cotton quilts, bedspreads, and others. To diversify the business, the group expanded business activities in Information Technology, Manpower Supply Services, and Tour and Travels Services. It also added services like IT Solutions, E-Governances Services, Web/Software Developments, Scanning and Digitization, System Integration, and others. Its segment comprises of Garment Manufacturing and Trading; IT and Manpower Supply; and Tour and Travelling Operator.

SBC Exports (BOM:542725) Headlines

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