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ESAF Small Finance Bank (NSE:ESAFSFB) Net-Net Working Capital : ₹-451.08 (As of Mar. 2025)


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What is ESAF Small Finance Bank 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.

ESAF Small Finance Bank's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-451.08.

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

NSE:ESAFSFB's Price-to-Net-Net-Working-Capital is not ranked *
in the Banks industry.
Industry Median: 5.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

ESAF Small Finance Bank Net-Net Working Capital Historical Data

The historical data trend for ESAF Small Finance Bank'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.

ESAF Small Finance Bank Net-Net Working Capital Chart

ESAF Small Finance Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -178.09 -287.19 -344.64 -430.71 -451.08

ESAF Small Finance Bank Quarterly Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Jun22 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 -430.71 - -430.55 - -451.08

Competitive Comparison of ESAF Small Finance Bank's Net-Net Working Capital

For the Banks - Regional subindustry, ESAF Small Finance Bank'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.


ESAF Small Finance Bank's Price-to-Net-Net-Working-Capital Distribution in the Banks Industry

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

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


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ESAF Small Finance Bank Net-Net Working Capital Calculation

ESAF Small Finance Bank'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19791.1+0+0.75 * 0+0.5 * 0-252292.4
-0-0)/515.427
=-451.08

ESAF Small Finance Bank'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 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19791.1+0+0.75 * 0+0.5 * 0-252292.4
-0-0)/515.427
=-451.08

* 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.


ESAF Small Finance Bank  (NSE:ESAFSFB) 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.


ESAF Small Finance Bank Net-Net Working Capital Related Terms

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ESAF Small Finance Bank Business Description

Traded in Other Exchanges
Address
Thrissur-Palakkad National Highway, Building No.VII/83/8, ESAF Bhavan, Mannuthy, Thrissur, KL, IND, 680681
ESAF Small Finance Bank Ltd is one of the dominant small finance banks in India in terms of client base size, the yield on advances, Net Interest Margin, assets under management CAGR, total deposit CAGR, loan portfolio concentration in rural and semi-urban areas, and the ratio of microloan advances to gross advances. It delivers its products and services through its business correspondents, customer service centers (which are operated by its business correspondents), Branches, banking agents, ATMs, ATM cum debit cards, mobile banking platforms, SMS alerts, internet banking portals and unified payment interface facilities. It has business segments segregating them into Treasury, Wholesale Banking, Retail Banking and Other Banking Operations. Majority of revenue comes from Retail Banking.

ESAF Small Finance Bank Headlines

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