GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CSL Finance Ltd (NSE:CSLFINANCE) » Definitions » Net-Net Working Capital

CSL Finance (NSE:CSLFINANCE) Net-Net Working Capital : ₹-277.39 (As of Mar. 2025)


View and export this data going back to 2022. Start your Free Trial

What is CSL Finance 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.

CSL Finance's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-277.39.

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

NSE:CSLFINANCE's Price-to-Net-Net-Working-Capital is not ranked *
in the Credit Services industry.
Industry Median: 7.57
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

CSL Finance Net-Net Working Capital Historical Data

The historical data trend for CSL Finance'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.

CSL Finance Net-Net Working Capital Chart

CSL Finance Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.32 -94.26 -182.23 -203.43 -277.39

CSL Finance Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -203.43 - -239.04 - -277.39

Competitive Comparison of CSL Finance's Net-Net Working Capital

For the Credit Services subindustry, CSL Finance'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.


CSL Finance's Price-to-Net-Net-Working-Capital Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, CSL Finance's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

CSL Finance Net-Net Working Capital Calculation

CSL Finance's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(805.104+0.75 * 0+0.5 * 0-7034.274
-0-0)/22.456
=-277.39

CSL Finance's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(805.104+0.75 * 0+0.5 * 0-7034.274
-0-0)/22.456
=-277.39

* 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.


CSL Finance  (NSE:CSLFINANCE) 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.


CSL Finance Net-Net Working Capital Related Terms

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


CSL Finance Business Description

Traded in Other Exchanges
Address
World Trade Tower, 716-717, 7th Floor, Tower B, Sector 16, Noida, UP, IND, 201301
CSL Finance Ltd operates as a non-banking financial institution. The business activity of the company is to offer secured and unsecured lending to small and medium-size business units to fulfil their financial needs. The company's business is classified into two broader segments of SME business and Wholesale business. SME business is mainly focused on micro and small business loans to various business entities, which is secured mostly against self-occupied Residential or Commercial properties. Wholesale business is focused on big ticket size loans for the working capital requirement of businesses. The primary revenue source of the company is interest income. The company operates within India.

CSL Finance Headlines

No Headlines