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Globesecure Technologies (NSE:GSTL) Net-Net Working Capital : ₹1.14 (As of Sep. 2024)


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What is Globesecure Technologies 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.

Globesecure Technologies's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹1.14.

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

NSE:GSTL's Price-to-Net-Net-Working-Capital is ranked worse than
60.46% of 1229 companies
in the Software industry
Industry Median: 8.38 vs NSE:GSTL: 11.71

Globesecure Technologies Net-Net Working Capital Historical Data

The historical data trend for Globesecure Technologies'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.

Globesecure Technologies Net-Net Working Capital Chart

Globesecure Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial -11.66 -16.23 -15.09 -9.27 -5.38

Globesecure Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.81 -9.27 -7.85 -5.38 1.14

Competitive Comparison of Globesecure Technologies's Net-Net Working Capital

For the Software - Infrastructure subindustry, Globesecure Technologies'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.


Globesecure Technologies's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

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


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Globesecure Technologies Net-Net Working Capital Calculation

Globesecure Technologies'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)
=(2.867+0.75 * 39.262+0.5 * 101.468-135.215
-0-0)/9.697
=-5.38

Globesecure Technologies'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)
=(20.548+0.75 * 70.402+0.5 * 99.467-112.036
-0-0)/9.697
=1.14

* 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.


Globesecure Technologies  (NSE:GSTL) 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.


Globesecure Technologies Net-Net Working Capital Related Terms

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Globesecure Technologies Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, A-309, Unit No. 902/903, B Wing, Sagar Tech Plaza, Opposite Rubber Factory, Sakinaka, Andheri East, Mumbai, MH, IND, 400072
Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. It engages in various cyber security transformation projects, infrastructure, and digital transformation projects for different institutions and also provides similar independent services to its clients. The company classifies its business into the following lines of business: Cyber Security; Integrated Enterprise Solutions; and Managed Services. The services offered across the different lines of its business include managed security, cloud security, data protection, unified communication, software defined networking (SDN), network transformation, and technical support services among others. The company has only one segment which is Cyber Security.

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