GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Apollo Micro Systems Ltd (NSE:APOLLO) » Definitions » Net-Net Working Capital

Apollo Micro Systems (NSE:APOLLO) Net-Net Working Capital : ₹-1.42 (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Apollo Micro Systems 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.

Apollo Micro Systems's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹-1.42.

The industry rank for Apollo Micro Systems's Net-Net Working Capital or its related term are showing as below:

NSE:APOLLO's Price-to-Net-Net-Working-Capital is not ranked *
in the Aerospace & Defense industry.
Industry Median: 11.48
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Apollo Micro Systems Net-Net Working Capital Historical Data

The historical data trend for Apollo Micro Systems'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.

Apollo Micro Systems Net-Net Working Capital Chart

Apollo Micro Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 0.65 -1.40 -1.36 -1.57

Apollo Micro Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.98 - -1.57 - -1.42

Competitive Comparison of Apollo Micro Systems's Net-Net Working Capital

For the Aerospace & Defense subindustry, Apollo Micro Systems'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.


Apollo Micro Systems's Price-to-Net-Net-Working-Capital Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Apollo Micro Systems's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Apollo Micro Systems's Price-to-Net-Net-Working-Capital falls into.



Apollo Micro Systems Net-Net Working Capital Calculation

Apollo Micro Systems'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)
=(1.966+0.75 * 2352.717+0.5 * 4335.587-4370.215
-0-6.991)/282.359
=-1.57

Apollo Micro Systems'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)
=(185.153+0.75 * 2283.199+0.5 * 4984.878-4817.618
-0-7.246)/306.49
=-1.42

* 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.


Apollo Micro Systems  (NSE:APOLLO) 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.


Apollo Micro Systems Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Apollo Micro Systems's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Micro Systems Business Description

Traded in Other Exchanges
Address
Plot No 128/A, Road No. 12, BEL Road, IDA Mallapur, Uppal Mandal, Hyderabad, TG, IND, 500076
Apollo Micro Systems Ltd offers design, development, and assembly of custom-built electronics and electro-mechanical solutions. The company sells high-performance, mission and time-critical solutions to Space and Home Land Security, Aviation, Aerospace, Avionics, Defence and naval. It offers a wide range of services such as electronic manufacturing, hardware design services, IT and software services, electronic and mechanical- CAD services.

Apollo Micro Systems Headlines

No Headlines