GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Mangalore Chemicals & Fertilizers Ltd (NSE:MANGCHEFER) » Definitions » Net-Net Working Capital

Mangalore Chemicals & Fertilizers (NSE:MANGCHEFER) Net-Net Working Capital : ₹-55.93 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Mangalore Chemicals & Fertilizers 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.

Mangalore Chemicals & Fertilizers's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-55.93.

The industry rank for Mangalore Chemicals & Fertilizers's Net-Net Working Capital or its related term are showing as below:

NSE:MANGCHEFER's Price-to-Net-Net-Working-Capital is not ranked *
in the Agriculture industry.
Industry Median: 7.03
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mangalore Chemicals & Fertilizers Net-Net Working Capital Historical Data

The historical data trend for Mangalore Chemicals & Fertilizers'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.

Mangalore Chemicals & Fertilizers Net-Net Working Capital Chart

Mangalore Chemicals & Fertilizers 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 -70.60 -44.82 -69.36 -70.68 -55.93

Mangalore Chemicals & Fertilizers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -70.68 - -41.07 - -55.93

Competitive Comparison of Mangalore Chemicals & Fertilizers's Net-Net Working Capital

For the Agricultural Inputs subindustry, Mangalore Chemicals & Fertilizers'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.


Mangalore Chemicals & Fertilizers's Price-to-Net-Net-Working-Capital Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mangalore Chemicals & Fertilizers's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Mangalore Chemicals & Fertilizers's Price-to-Net-Net-Working-Capital falls into.



Mangalore Chemicals & Fertilizers Net-Net Working Capital Calculation

Mangalore Chemicals & Fertilizers'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)
=(2904.304+0.75 * 6042.582+0.5 * 1685.585-14907.45
-0-0)/118.515
=-55.93

Mangalore Chemicals & Fertilizers's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2904.304+0.75 * 6042.582+0.5 * 1685.585-14907.45
-0-0)/118.515
=-55.93

* 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.


Mangalore Chemicals & Fertilizers  (NSE:MANGCHEFER) 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.


Mangalore Chemicals & Fertilizers Net-Net Working Capital Related Terms

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


Mangalore Chemicals & Fertilizers Business Description

Traded in Other Exchanges
Address
Vittal Mallya Road, Level-11, UB Towers, UB City Number 24, Bengaluru, KA, IND, 560001
Mangalore Chemicals & Fertilizers Ltd manufactures and markets chemical fertilizers in the state of Karnataka. It manufactures both Nitrogenous and Phosphatic fertilizers and is the only manufacturer of fertilizers in the state of Karnataka. About 77% of the company's products are sold in the state of Karnataka, which meets about 10% of the needs of the farmers in the State.

Mangalore Chemicals & Fertilizers Headlines

No Headlines