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Agni Green Power (NSE:AGNI) Net-Net Working Capital : ₹1.45 (As of Sep. 2023)


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What is Agni Green Power 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.

Agni Green Power's Net-Net Working Capital for the quarter that ended in Sep. 2023 was ₹1.45.

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

NSE:AGNI's Price-to-Net-Net-Working-Capital is ranked worse than
85.55% of 526 companies
in the Semiconductors industry
Industry Median: 8.56 vs NSE:AGNI: 32.48

Agni Green Power Net-Net Working Capital Historical Data

The historical data trend for Agni Green Power'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.

Agni Green Power Net-Net Working Capital Chart

Agni Green Power Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
-5.12 -5.32 -7.79 -3.90 -2.41

Agni Green Power Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial - -3.90 -1.46 -2.41 1.45

Competitive Comparison of Agni Green Power's Net-Net Working Capital

For the Solar subindustry, Agni Green Power'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.


Agni Green Power's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Agni Green Power's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Agni Green Power Net-Net Working Capital Calculation

Agni Green Power's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.162+0.75 * 76.688+0.5 * 74.166-143.807
-0-0)/19.5348
=-2.41

Agni Green Power's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 202.13+0.5 * 62.768-155.153
-0-0)/19.183
=1.45

* 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.


Agni Green Power  (NSE:AGNI) 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.


Agni Green Power Net-Net Working Capital Related Terms

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Agni Green Power (NSE:AGNI) Business Description

Traded in Other Exchanges
N/A
Address
114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata, WB, IND, 700107
Agni Green Power Ltd is engaged in the business of executing turn-key solar PV power plant projects. It also involves of manufacture, sale and installation of solar photovoltaic power plants, solar lamps, solar power conditioning units and other solar products like charge controller, solar pump controller, solar adaptors, solar generators, junction boxes etc. The Company's product categories consist of Lighting Systems, Power Conditioning Units, Solar MPPT Chargers, Balance Of Systems (BOS), Solarizer (Solar Adaptor), Solar Pumps and Remote Monitoring System.

Agni Green Power (NSE:AGNI) Headlines

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