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Shree Hanuman Sugar & Industries (BOM:537709) Net-Net Working Capital : ₹-46.31 (As of Mar. 2024)


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What is Shree Hanuman Sugar & 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.

Shree Hanuman Sugar & Industries's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-46.31.

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

BOM:537709's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.36
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Shree Hanuman Sugar & Industries Net-Net Working Capital Historical Data

The historical data trend for Shree Hanuman Sugar & 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.

Shree Hanuman Sugar & Industries Net-Net Working Capital Chart

Shree Hanuman Sugar & Industries Annual Data
Trend Jun15 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 -36.41 -36.48 -45.98 -46.25 -46.31

Shree Hanuman Sugar & Industries Quarterly Data
Jun19 Sep19 Dec19 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 -46.25 - -46.29 - -46.31

Competitive Comparison of Shree Hanuman Sugar & Industries's Net-Net Working Capital

For the Confectioners subindustry, Shree Hanuman Sugar & 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.


Shree Hanuman Sugar & Industries's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Hanuman Sugar & Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Shree Hanuman Sugar & Industries's Price-to-Net-Net-Working-Capital falls into.



Shree Hanuman Sugar & Industries Net-Net Working Capital Calculation

Shree Hanuman Sugar & Industries'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)
=(1.119+0.75 * 0+0.5 * 1.125-858.479
-0-0)/18.5
=-46.31

Shree Hanuman Sugar & Industries'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)
=(1.119+0.75 * 0+0.5 * 1.125-858.479
-0-0)/18.5
=-46.31

* 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.


Shree Hanuman Sugar & Industries  (BOM:537709) 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.


Shree Hanuman Sugar & Industries Net-Net Working Capital Related Terms

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Shree Hanuman Sugar & Industries (BOM:537709) Business Description

Traded in Other Exchanges
N/A
Address
2/7 Sarat Bose Road, Premises No. 9 Ground Floor, Vasundhara Building, Kolkata, WB, IND, 700 020
Shree Hanuman Sugar & Industries Ltd is engaged in the manufacturing and sale of crystal white sugar. Also, it trades in-store items that are used by the sugar industry and trading construction rights. The company's sugar plant is located in the Indian state of Bihar. Its by-product molasses is sold to the distilleries and/or the ethanol units. The company operates in the segments of Sugar and Construction.

Shree Hanuman Sugar & Industries (BOM:537709) Headlines

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