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Near Intelligence (Near Intelligence) Net-Net Working Capital : $-2.29 (As of Jun. 2023)


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What is Near Intelligence 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.

Near Intelligence's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $-2.29.

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

NIRLQ's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.36
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Near Intelligence Net-Net Working Capital Historical Data

The historical data trend for Near Intelligence'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.

Near Intelligence Net-Net Working Capital Chart

Near Intelligence Annual Data
Trend Dec20 Dec21
Net-Net Working Capital
-2.69 -4.91

Near Intelligence Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only - -5.11 -5.29 -2.71 -2.29

Competitive Comparison of Near Intelligence's Net-Net Working Capital

For the Software - Application subindustry, Near Intelligence'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.


Near Intelligence's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Near Intelligence's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Near Intelligence Net-Net Working Capital Calculation

Near Intelligence's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10.211+0.75 * 16.76+0.5 * 0-250.543
-0-0)/46.383
=-4.91

Near Intelligence's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.323+0.75 * 23.217+0.5 * 0-157.767
-0-0)/50.5883
=-2.29

* 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.


Near Intelligence  (OTCPK:NIRLQ) 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.


Near Intelligence Net-Net Working Capital Related Terms

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Near Intelligence (Near Intelligence) Business Description

Traded in Other Exchanges
N/A
Address
100 W Walnut Street, 4th Floor, Pasadena, CA, USA
Near Intelligence Inc is a global, full stack data intelligence software as a service platform that stitches and enriches data on people and places from which its customers can derive actionable intelligence of consumer behavior to help its customers make meaningful decisions.
Executives
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Sherman Iii Edmiston director ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Kathryn Petralia director TRICOLOR HOLDINGS, INC., 6021 CONNECTION DRIVE, 4TH FLOOR, IRVING TX 75039
Mark N Greene director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Um Legacy Llc 10 percent owner 130 WEST UNION STREET, PASADENA CA 91103
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Cecil Capital Pte. Ltd. 10 percent owner 160 ROBINSON ROAD, #20-03, SINGAPORE U0 068914
Shobhit Shukla officer: President 1096 KEELER AVENUE, BERKELEY CA 94708
Gladys Kong officer: COO and Secretary 1096 KEELER AVENUE, BERKELEY CA 94708
Rahul Agarwal officer: Chief Financial Officer 1096 KEELER AVENUE, BERKELEY CA 94708
Anil Mathews director, officer: CEO and Chairman 1096 KEELER AVENUE, BERKELEY CA 94708
Jay Angelo officer: General Counsel 1096 KEELER AVENUE, BERKELEY CA 94708
Sequoia Capital India Iii Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Ronald Steger director 13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Blake Ross 10 percent owner 1887 WHITNEY MESA DRIVE, #2070, HENDERSON NV 89014