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Atlas Jewellery India (BOM:514394) Net-Net Working Capital : ₹0.00 (As of Dec. 2021)


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What is Atlas Jewellery India 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.

Atlas Jewellery India's Net-Net Working Capital for the quarter that ended in Dec. 2021 was ₹0.00.

The industry rank for Atlas Jewellery India's Net-Net Working Capital or its related term are showing as below:

BOM:514394's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.03
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Atlas Jewellery India Net-Net Working Capital Historical Data

The historical data trend for Atlas Jewellery India'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.

Atlas Jewellery India Net-Net Working Capital Chart

Atlas Jewellery India Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.48 10.41 10.96 11.76 11.43

Atlas Jewellery India Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 - 11.43 - 11.54 -

Competitive Comparison of Atlas Jewellery India's Net-Net Working Capital

For the Luxury Goods subindustry, Atlas Jewellery India'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.


Atlas Jewellery India's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Atlas Jewellery India's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Atlas Jewellery India's Price-to-Net-Net-Working-Capital falls into.



Atlas Jewellery India Net-Net Working Capital Calculation

Atlas Jewellery India's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2021 is calculated as

Net-Net Working Capital(A: Mar. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.812+0.75 * 1527.854+0.5 * 119.198-55.691
-0-0)/100.655
=11.43

Atlas Jewellery India's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2021 is calculated as

Net-Net Working Capital(Q: Dec. 2021 )
=(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)/100.655
=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.


Atlas Jewellery India  (BOM:514394) 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.


Atlas Jewellery India Net-Net Working Capital Related Terms

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Atlas Jewellery India (BOM:514394) Business Description

Traded in Other Exchanges
N/A
Address
DLF Tower A, Plot Number 10, JA-710, 7th Floor, Jasola District, New Delhi, IND, 110025
Atlas Jewellery India Ltd is an Indian based company operating in the Gems and Jewellery Sector. It is engaged in manufacturing, retail trade and export of gold, diamonds, and other precious ornaments. Its products include fashionable jewellery, modern and chic as well as traditional and ethnic ornaments. It sells its jewellery through its retail stores. The company has all its revenue from operations within the Indian market.

Atlas Jewellery India (BOM:514394) Headlines

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