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Syrma SGS Technology (BOM:543573) Net-Net Working Capital : ₹-27.53 (As of Mar. 2025)


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What is Syrma SGS Technology 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.

Syrma SGS Technology's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-27.53.

The industry rank for Syrma SGS Technology's Net-Net Working Capital or its related term are showing as below:

BOM:543573's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 7.195
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Syrma SGS Technology Net-Net Working Capital Historical Data

The historical data trend for Syrma SGS Technology'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.

Syrma SGS Technology Net-Net Working Capital Chart

Syrma SGS Technology Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial -1.02 -9.23 -15.97 -43.00 -27.53

Syrma SGS Technology Quarterly Data
Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -43.00 - -32.61 - -27.53

Competitive Comparison of Syrma SGS Technology's Net-Net Working Capital

For the Electronic Components subindustry, Syrma SGS Technology'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.


Syrma SGS Technology's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Syrma SGS Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Syrma SGS Technology's Price-to-Net-Net-Working-Capital falls into.


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Syrma SGS Technology Net-Net Working Capital Calculation

Syrma SGS Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4455.43+0.75 * 14774.61+0.5 * 8218.66-23798.52
-0-748.55)/178.047
=-27.53

Syrma SGS Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4455.43+0.75 * 14774.61+0.5 * 8218.66-23798.52
-0-748.55)/178.047
=-27.53

* 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.


Syrma SGS Technology  (BOM:543573) 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.


Syrma SGS Technology Net-Net Working Capital Related Terms

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Syrma SGS Technology Business Description

Traded in Other Exchanges
Address
MEPZ-SEZ, Plot B27, Phase II, Zone B, Tambaram, Chennai, TN, IND, 600045
Syrma SGS Technology Ltd provides Electronic Manufacturing Services. The company is engaged in the business of manufacturing various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies adapters, fiber optic assemblies, magnetic induction coils and RFID products, and other electronic products. It serves national and international B2B customers in the industrial, consumer electronics, healthcare, automotive, computer, medical, and railways business segments. The company derives key revenue from the Electronic Manufacturing Services, and the rest from the Medical Equipment Manufacturing Services, and Others segment. Geographically, the majority of its revenue is generated within India.

Syrma SGS Technology Headlines

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