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Suryachakra Power (LUX:174974) Net-Net Working Capital : $-1.48 (As of Mar. 2018)


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What is Suryachakra Power 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.

Suryachakra Power's Net-Net Working Capital for the quarter that ended in Mar. 2018 was $-1.48.

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

LUX:174974's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Regulated industry.
Industry Median: 7.08
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Suryachakra Power Net-Net Working Capital Historical Data

The historical data trend for Suryachakra Power'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.

Suryachakra Power Net-Net Working Capital Chart

Suryachakra Power Annual Data
Trend Mar09 Mar10 Mar11 Jun12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.84 -1.62 -0.94 -0.98 -1.48

Suryachakra Power Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Jun12 Mar14 Mar15 Mar16 Mar17 Mar18
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.84 -1.62 -0.94 -0.98 -1.48

Competitive Comparison of Suryachakra Power's Net-Net Working Capital

For the Utilities - Regulated Electric subindustry, Suryachakra Power'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.


Suryachakra Power's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suryachakra Power's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Suryachakra Power Net-Net Working Capital Calculation

Suryachakra Power's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2018 is calculated as

Net-Net Working Capital(A: Mar. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.006+0.75 * 0+0.5 * 0.197-11.167
-0-0)/7.48165
=-1.48

Suryachakra Power's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2018 is calculated as

Net-Net Working Capital(Q: Mar. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.006+0.75 * 0+0.5 * 0.197-11.167
-0-0)/7.48165
=-1.48

* 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.


Suryachakra Power  (LUX:174974) 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.


Suryachakra Power Net-Net Working Capital Related Terms

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Suryachakra Power (LUX:174974) Business Description

Traded in Other Exchanges
N/A
Address
Suryachakra House, Plot No. 304-L-III,, Road No.78, Jubilee Hills, Hyderabad, TG, IND, 500096
Suryachakra Power Corp Ltd is engaged in the generation and sale of electricity business activities. The company generates electricity using diesel and biomass. It also involved in architectural, engineering & related services and trading of coal. The company mainly operates in Andaman & Nicobar Islands and other parts of India. It derives most of its revenues from the sale of the electricity business activities and has operations spread across India.

Suryachakra Power (LUX:174974) Headlines

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