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Virtuoso OptoElectronics (BOM:543597) Net-Net Working Capital : ₹-21.81 (As of Mar. 2024)


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What is Virtuoso OptoElectronics 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.

Virtuoso OptoElectronics's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-21.81.

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

BOM:543597's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.96
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Virtuoso OptoElectronics Net-Net Working Capital Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics Net-Net Working Capital Chart

Virtuoso OptoElectronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-11.85 -18.10 -31.97 -41.02 -21.81

Virtuoso OptoElectronics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial -31.97 -28.31 -41.02 -54.05 -21.81

Competitive Comparison of Virtuoso OptoElectronics's Net-Net Working Capital

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.


Virtuoso OptoElectronics's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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



Virtuoso OptoElectronics Net-Net Working Capital Calculation

Virtuoso OptoElectronics'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)
=(904.204+0.75 * 213.057+0.5 * 1647.635-2461.648
-0-0.533)/26.3388
=-21.81

Virtuoso OptoElectronics'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)
=(904.204+0.75 * 213.057+0.5 * 1647.635-2461.648
-0-0.533)/26.3388
=-21.81

* 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.


Virtuoso OptoElectronics  (BOM:543597) 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.


Virtuoso OptoElectronics Net-Net Working Capital Related Terms

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Virtuoso OptoElectronics (BOM:543597) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007
Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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