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Suraj Estate Developers (BOM:544054) Net-Net Working Capital : ₹-67.57 (As of Sep. 2024)


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What is Suraj Estate Developers 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.

Suraj Estate Developers's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹-67.57.

The industry rank for Suraj Estate Developers's Net-Net Working Capital or its related term are showing as below:

BOM:544054's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.97
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Suraj Estate Developers Net-Net Working Capital Historical Data

The historical data trend for Suraj Estate Developers'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.

Suraj Estate Developers Net-Net Working Capital Chart

Suraj Estate Developers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-93.08 -98.45 -120.99 -71.73

Suraj Estate Developers Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only - - -71.73 - -67.57

Competitive Comparison of Suraj Estate Developers's Net-Net Working Capital

For the Real Estate - Development subindustry, Suraj Estate Developers'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.


Suraj Estate Developers's Price-to-Net-Net-Working-Capital Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suraj Estate Developers's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Suraj Estate Developers's Price-to-Net-Net-Working-Capital falls into.



Suraj Estate Developers Net-Net Working Capital Calculation

Suraj Estate Developers'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)
=(64.16+0.75 * 1066.66+0.5 * 7391.55-7741.65
-0-0.26)/44.3611
=-71.73

Suraj Estate Developers's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(648.26+0.75 * 943.6+0.5 * 7860.95-8283.77
-0-0.25)/44.3611
=-67.57

* 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.


Suraj Estate Developers  (BOM:544054) 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.


Suraj Estate Developers Net-Net Working Capital Related Terms

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Suraj Estate Developers Business Description

Comparable Companies
Traded in Other Exchanges
Address
Veer Savarkar Marg, 301, 3rd Floor, Aman Chambers, Opposite Bengal Chemicals, Prabhadevi, Mumbai, MH, IND, 400025
Suraj Estate Developers Ltd is involved in the real estate business. It develops real estate across the residential and commercial sectors in the South Central Mumbai region. The Company is principally engaged in the development of real estate in India which includes the development and sale of residential and commercial premises. The company generates all of its revenue within India. The company's projects include Suraj Emmanuel, Ocean Star, Suraj Lumina, The Palette, Louisandra, Ave Maria, Nirvana, Vitalis, Park View, and Eterna.

Suraj Estate Developers Headlines

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