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Gupta Synthetics (BOM:514116) Net-Net Working Capital : ₹0.00 (As of Dec. 2017)


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What is Gupta Synthetics 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.

Gupta Synthetics's Net-Net Working Capital for the quarter that ended in Dec. 2017 was ₹0.00.

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

BOM:514116's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.18
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Gupta Synthetics Net-Net Working Capital Historical Data

The historical data trend for Gupta Synthetics'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.

Gupta Synthetics Net-Net Working Capital Chart

Gupta Synthetics Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -273.32 -303.73 -337.95 -372.55 -388.85

Gupta Synthetics Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Sep17 Dec17
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 - - -388.85 - -

Competitive Comparison of Gupta Synthetics's Net-Net Working Capital

For the Textile Manufacturing subindustry, Gupta Synthetics'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.


Gupta Synthetics's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gupta Synthetics's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Gupta Synthetics Net-Net Working Capital Calculation

Gupta Synthetics's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2017 is calculated as

Net-Net Working Capital(A: Mar. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.509+0.75 * 478.272+0.5 * 95.341-3128.009
-150-0)/7.3527
=-388.85

Gupta Synthetics's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2017 is calculated as

Net-Net Working Capital(Q: Dec. 2017 )
=(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)/7.3527
=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.


Gupta Synthetics  (BOM:514116) 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.


Gupta Synthetics Net-Net Working Capital Related Terms

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Gupta Synthetics (BOM:514116) Business Description

Traded in Other Exchanges
N/A
Address
101, Trividh Chambers, Opposite Fire Brigade Station, Surat, Gujrat, IND, 395 002
Gupta Synthetics Ltd is a textile manufacturing company. Principally, it is engaged in the business of texturing, draw twisting, twisting, and dyeing of yarn. The company's product consists of Polyester filament yarn, DTY yarn, Dyed yarn, Metalic yarn, Colour yarn, FDY yarn and Nylon yarn and many more.

Gupta Synthetics (BOM:514116) Headlines

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