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DCB Bank (BOM:532772) Net-Net Working Capital : ₹-1,755.08 (As of Mar. 2024)


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What is DCB Bank 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.

DCB Bank's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-1,755.08.

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

BOM:532772's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 1.91
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

DCB Bank Net-Net Working Capital Historical Data

The historical data trend for DCB Bank'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.

DCB Bank Net-Net Working Capital Chart

DCB Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,015.97 -1,056.37 -1,178.64 -1,458.46 -1,755.08

DCB Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - -1,458.46 -1,610.48 - -1,755.08

Competitive Comparison of DCB Bank's Net-Net Working Capital

For the Banks - Regional subindustry, DCB Bank'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.


DCB Bank's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

For the Banks industry and Financial Services sector, DCB Bank's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



DCB Bank Net-Net Working Capital Calculation

DCB Bank'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(30658.8+0+0.75 * 0+0.5 * 0-579657
-0-0)/312.805
=-1,755.08

DCB Bank'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(30658.8+0+0.75 * 0+0.5 * 0-579657
-0-0)/312.805
=-1,755.08

* 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.


DCB Bank  (BOM:532772) 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.


DCB Bank Net-Net Working Capital Related Terms

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DCB Bank (BOM:532772) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 601 and 602, 6th Floor, Tower A, Peninsula Business Park, Lower Parel, Mumbai, IND, 400013
DCB Bank Ltd is an Indian commercial bank catering to corporate and retail customers. Its banking operations are structured into retail banking, wholesale banking, treasury operations, and other banking operations. It depends primarily on its retail banking operations for the core of the bank's revenues. Through this segment, it handles the lending, deposit-taking, and other services offered to retail customers. The Corporate/Wholesale Banking segment includes lending, deposit-taking, and other services offered to corporate customers. The treasury operations encompass all financial markets activities such as trading, maintenance of reserve requirements, and resource mobilization, and the other banking operations segment includes para banking activities and merchant banking.

DCB Bank (BOM:532772) Headlines

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