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Amkay Products (BOM:544169) Net-Net Working Capital : ₹5.53 (As of Sep. 2024)


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What is Amkay Products 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.

Amkay Products's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹5.53.

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

BOM:544169's Price-to-Net-Net-Working-Capital is ranked worse than
55.48% of 438 companies
in the Medical Devices & Instruments industry
Industry Median: 6.735 vs BOM:544169: 7.88

Amkay Products Net-Net Working Capital Historical Data

The historical data trend for Amkay Products'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.

Amkay Products Net-Net Working Capital Chart

Amkay Products Annual Data
Trend Mar21 Mar22 Mar23
Net-Net Working Capital
-2.24 -5.25 -3.93

Amkay Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Net-Net Working Capital -2.24 -5.25 -3.93 - 5.53

Competitive Comparison of Amkay Products's Net-Net Working Capital

For the Medical Instruments & Supplies subindustry, Amkay Products'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.


Amkay Products's Price-to-Net-Net-Working-Capital Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Amkay Products's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Amkay Products Net-Net Working Capital Calculation

Amkay Products's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.38+0.75 * 37.049+0.5 * 26.081-79.214
-0-0)/8.656
=-3.93

Amkay Products'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)
=(34.837+0.75 * 61.92+0.5 * 65.989-66.415
-0-0)/8.656
=5.53

* 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.


Amkay Products  (BOM:544169) 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.


Amkay Products Net-Net Working Capital Related Terms

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Amkay Products Business Description

Traded in Other Exchanges
N/A
Address
Waliv Road, Bunglow No. 68, Rashmi Park, CHS Ltd, Dhumal Nagar, Taluka Vasai, Thane, Mumbai, MH, IND, 401208
Amkay Products Ltd is a healthcare company. It manufacture, assemble & market a comprehensive portfolio of medical devices, disposables and other Healthcare Products like Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon cap etc. used by healthcare centers, hospitals/clinics, nursing homes etc. Additionally, engaged in branding and marketing of some of the products like Diapers, Plastic Gloves, Suction Machines etc.

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