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Shrem InvIT (NSE:SHREMINVIT) Net-Net Working Capital : ₹0.00 (As of Dec. 2023)


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What is Shrem InvIT 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.

Shrem InvIT's Net-Net Working Capital for the quarter that ended in Dec. 2023 was ₹0.00.

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

NSE:SHREMINVIT's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.61
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Shrem InvIT Net-Net Working Capital Historical Data

The historical data trend for Shrem InvIT'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.

Shrem InvIT Net-Net Working Capital Chart

Shrem InvIT Annual Data
Trend Mar22 Mar23
Net-Net Working Capital
-90.25 -110.15

Shrem InvIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -110.15 - - -

Competitive Comparison of Shrem InvIT's Net-Net Working Capital

For the Infrastructure Operations subindustry, Shrem InvIT'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.


Shrem InvIT's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shrem InvIT's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Shrem InvIT Net-Net Working Capital Calculation

Shrem InvIT'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)
=(2769.905+0.75 * 6617.771+0.5 * 0-68400.889
-0-590.156)/556.125
=-110.15

Shrem InvIT's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/560.267
=N/A

* 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.


Shrem InvIT  (NSE:SHREMINVIT) 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.


Shrem InvIT Net-Net Working Capital Related Terms

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Shrem InvIT (NSE:SHREMINVIT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Off Andheri Kurla Road, 1101, Viraj Towers Junction, W.E. Highway Near Landmark Building, Andheri (E), Mumbai, MH, IND, 400069
Shrem InvIT is set up to carry on the activity of an infrastructure investment trust and for making investments in the Project SPVs or infrastructure projects or securities of Indian companies engaged in the infrastructure sector. Its projects consist of National and State Highways, located in Madhya Pradesh, Maharashtra, Uttar Pradesh, Gujarat, and Karnataka.

Shrem InvIT (NSE:SHREMINVIT) Headlines

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