Clear Secured Services (NSE:CSSL) Net-Net Working Capital: ₹-29.37 (As of Mar. 2025)

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NSE:CSSL Clear Secured Services Ltd NSE:CSSL
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Price ₹101.05
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What is Clear Secured Services Net-Net Working Capital?

Clear Secured Services NSE:CSSL -4.22% 13 Net-Net Working Capital is ₹-29.37 as of Mar. 2025. GuruFocus rates NSE:CSSL with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 444 Business Services companies, Clear Secured Services ranks worse than 225225% on this metric.

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.

Clear Secured Services's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-29.37.

The industry rank for Clear Secured Services's Net-Net Working Capital or its related term are showing as below:

NSE:CSSL's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Clear Secured Services  (NSE:CSSL) 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.


Clear Secured Services Net-Net Working Capital Related Terms


Clear Secured Services Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Clear Secured Services'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.

Clear Secured Services Net-Net Working Capital Chart

Clear Secured Services Annual Data
Trend Mar23 Mar24 Mar25
Net-Net Working Capital
-20.24 -17.49 -29.37

Clear Secured Services Semi-Annual Data
Mar23 Mar24 Mar25
Net-Net Working Capital -20.24 -17.49 -29.37

NSE:CSSL vs KFY, RHI, TNET: Net-Net Working Capital Comparison

For the Staffing & Employment Services subindustry, Clear Secured Services'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.


Clear Secured Services Price-to-Net-Net-Working-Capital vs Business Services Industry

For the Business Services industry and Industrials sector, Clear Secured Services's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Clear Secured Services's Price-to-Net-Net-Working-Capital falls into.


NSE:CSSL
13GF Score
Clear Secured Services Ltd NSE:CSSL
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Clear Secured Services Net-Net Working Capital Calculation

Clear Secured Services'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)
=(59.115+0.75 * 850.047+0.5 * 96.563-1452.327
-0--1.224)/24.047
=-29.37

Clear Secured Services'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)
=(59.115+0.75 * 850.047+0.5 * 96.563-1452.327
-0--1.224)/24.047
=-29.37

* 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.

What does a Net-Net Working Capital of ₹-29.37 mean?
Clear Secured Services (NSE:CSSL) has a Net-Net Working Capital of ₹-29.37 as of Mar. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Clear Secured Services According to the industry distribution chart, Clear Secured Services ranks #999999 out of 444 companies in the Business Services industry.
Is Clear Secured Services' Net-Net Working Capital too high?
Clear Secured Services' current Net-Net Working Capital is ₹-29.37. Based on the distribution chart, Clear Secured Services ranks #999999 out of 444 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Clear Secured Services has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Clear Secured Services' Net-Net Working Capital compare to KFY and RHI?
According to the Business Services industry distribution chart, Clear Secured Services ranks #999999 out of 444 companies for Net-Net Working Capital. This places Clear Secured Services in the lower half of its industry. The industry median Net-Net Working Capital is 5.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Business Services company?
The median Net-Net Working Capital among Business Services companies is 5.60, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Clear Secured Services For the Business Services industry, the median Net-Net Working Capital is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clear Secured Services's current Net-Net Working Capital is ₹-29.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clear Secured Services stock overvalued right now?
Clear Secured Services (NSE:CSSL) has a current Net-Net Working Capital of ₹-29.37. The current Net-Net Working Capital is ₹-29.37. Clear Secured Services' overall GF Score™ is 13/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Clear Secured Services (NSE:CSSL), the current Net-Net Working Capital is ₹-29.37 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clear Secured Services Business Description

Address Corporate Park Sion Trombay Road, VN Purav Marg, Block No.15, Swastik Park, Chembur, Mumbai, MH, IND, 400071
Clear Secured Services Ltd provides a range of services aimed at improving operational efficiency and supporting business functions across different sectors. The company specializes in Integrated Facility Management (IFM), offering both soft services - such as housekeeping, security services, payment management services, and staffing services - and hard services, including electro-mechanical services, repair and maintenance services, facade cleaning and pest control services. The company also operates in the Trading of Agro products and the Manufacturing of Iron and Steel Products. It generates the majority of revenue by providing its services-Facility Management.
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