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Arham Technologies (NSE:SMARHAM) Net-Net Working Capital : ₹0.65 (As of Mar. 2023)


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What is Arham Technologies 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.

Arham Technologies's Net-Net Working Capital for the quarter that ended in Mar. 2023 was ₹0.65.

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

NSE:SMARHAM's Price-to-Net-Net-Working-Capital is ranked worse than
98.76% of 1212 companies
in the Hardware industry
Industry Median: 6.935 vs NSE:SMARHAM: 210.85

Arham Technologies Net-Net Working Capital Historical Data

The historical data trend for Arham Technologies'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.

Arham Technologies Net-Net Working Capital Chart

Arham Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
-2.59 -2.80 -1.96 0.65

Arham Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Net-Net Working Capital -2.59 -2.80 -1.96 -3.04 0.65

Competitive Comparison of Arham Technologies's Net-Net Working Capital

For the Consumer Electronics subindustry, Arham Technologies'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.


Arham Technologies's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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



Arham Technologies Net-Net Working Capital Calculation

Arham Technologies'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)
=(8.789+0.75 * 103.975+0.5 * 126.247-138.98
-0-0)/16.92
=0.65

Arham Technologies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.789+0.75 * 103.975+0.5 * 126.247-138.98
-0-0)/16.92
=0.65

* 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.


Arham Technologies  (NSE:SMARHAM) 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.


Arham Technologies Net-Net Working Capital Related Terms

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Arham Technologies (NSE:SMARHAM) Business Description

Traded in Other Exchanges
N/A
Address
5 Chitrakoot Complex, Opp Vyavsayik Sahkari Bank, Jawahar Nagar, Raipur, CT, IND, 492001
Arham Technologies Ltd is engaged in the manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand STARSHINE. It's business segment is Manufacturing of Consumer Electronics & Appliances and principal geographical segment is India. The company also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers.

Arham Technologies (NSE:SMARHAM) Headlines

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