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Bobshell Electrodes (BOM:526925) Net-Net Working Capital : ₹4.39 (As of Mar. 2024)


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What is Bobshell Electrodes 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.

Bobshell Electrodes's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹4.39.

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

BOM:526925's Price-to-Net-Net-Working-Capital is not ranked
in the Industrial Products industry.
Industry Median: 6.94 vs BOM:526925: 1.33

Bobshell Electrodes Net-Net Working Capital Historical Data

The historical data trend for Bobshell Electrodes'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.

Bobshell Electrodes Net-Net Working Capital Chart

Bobshell Electrodes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial 0.58 0.52 1.45 0.39 4.39

Bobshell Electrodes Quarterly Data
Mar17 Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 - 1.17 - 4.39

Competitive Comparison of Bobshell Electrodes's Net-Net Working Capital

For the Tools & Accessories subindustry, Bobshell Electrodes'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.


Bobshell Electrodes's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bobshell Electrodes's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Bobshell Electrodes Net-Net Working Capital Calculation

Bobshell Electrodes's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.701+0.75 * 21.047+0.5 * 1.762-4.027
-0-0)/6.006
=4.39

Bobshell Electrodes's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.701+0.75 * 21.047+0.5 * 1.762-4.027
-0-0)/6.006
=4.39

* 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.


Bobshell Electrodes  (BOM:526925) 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.


Bobshell Electrodes Net-Net Working Capital Related Terms

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Bobshell Electrodes (BOM:526925) Business Description

Traded in Other Exchanges
N/A
Address
Near Lal Bunglow, C.G. Road, 802, 8th Floor, Swagat Building, Ellisbridge, Ahmedabad, GJ, IND, 380006
Bobshell Electrodes Ltd is engaged in the business of manufacturing and marketing Low Heat Input Maintenance Welding Electrodes. The manufacturing unit of the company is situated at Village: Rakanpur, District: Gandhinagar in the state of Gujarat- India. Its portfolio of the company includes - Filling/Cladding Metal, Joining, and Surfacing.

Bobshell Electrodes (BOM:526925) Headlines

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