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Videocon Industries (BOM:511389) Net-Net Working Capital : ₹-1,510.76 (As of Sep. 2022)


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What is Videocon Industries 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.

Videocon Industries's Net-Net Working Capital for the quarter that ended in Sep. 2022 was ₹-1,510.76.

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

BOM:511389's Price-to-Net-Net-Working-Capital is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 5.99
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Videocon Industries Net-Net Working Capital Historical Data

The historical data trend for Videocon Industries'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.

Videocon Industries Net-Net Working Capital Chart

Videocon Industries Annual Data
Trend Sep09 Dec10 Dec11 Dec14 Dec15 Mar17 Mar18 Mar19 Mar21 Mar22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,389.26 -1,546.69 -1,802.04 - -1,430.20

Videocon Industries Quarterly Data
Sep05 Sep06 Sep07 Sep08 Sep09 Dec10 Dec11 Dec15 Mar18 Mar19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -1,331.24 - -1,430.20 - -1,510.76

Competitive Comparison of Videocon Industries's Net-Net Working Capital

For the Furnishings, Fixtures & Appliances subindustry, Videocon Industries'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.


Videocon Industries's Price-to-Net-Net-Working-Capital Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Videocon Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Videocon Industries Net-Net Working Capital Calculation

Videocon Industries's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2022 is calculated as

Net-Net Working Capital(A: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3206.07+0.75 * 23860.35+0.5 * 2366.99-500623.64
-0-0)/334.455
=-1,430.20

Videocon Industries's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3045.01+0.75 * 28209.84+0.5 * 2348.38-530618.42
-0-0)/334.430
=-1,510.76

* 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.


Videocon Industries  (BOM:511389) 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.


Videocon Industries Net-Net Working Capital Related Terms

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Videocon Industries (BOM:511389) Business Description

Traded in Other Exchanges
N/A
Address
14 KM Stone, Aurangabad Paithan Road, Village Chittegaon, Taluka Paithan, Aurangabad, MH, IND, 431 105
Videocon Industries is an India-based company that focuses on manufacturing and distributing a variety of consumer electronics and home appliances. The company is principally engaged in three business segments: consumer electronics and home appliances; crude oil and natural gas; and telecommunications. The crude oil and natural gas segment generates the most revenue for the company through extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances, and this business contributes the second-largest portion of the company's total revenue.

Videocon Industries (BOM:511389) Headlines

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