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Micropro Software Solutions (NSE:MICROPRO) Net-Net Working Capital : ₹1.37 (As of Mar. 2023)


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What is Micropro Software Solutions 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.

Micropro Software Solutions's Net-Net Working Capital for the quarter that ended in Mar. 2023 was ₹1.37.

The industry rank for Micropro Software Solutions's Net-Net Working Capital or its related term are showing as below:

NSE:MICROPRO's Price-to-Net-Net-Working-Capital is ranked worse than
85.58% of 1179 companies
in the Software industry
Industry Median: 7.44 vs NSE:MICROPRO: 34.96

Micropro Software Solutions Net-Net Working Capital Historical Data

The historical data trend for Micropro Software Solutions'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.

Micropro Software Solutions Net-Net Working Capital Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
Net-Net Working Capital
-1.90 -2.26 1.37

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
Net-Net Working Capital -1.90 -2.26 1.37

Competitive Comparison of Micropro Software Solutions's Net-Net Working Capital

For the Information Technology Services subindustry, Micropro Software Solutions'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.


Micropro Software Solutions's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

* The bar in red indicates where Micropro Software Solutions's Price-to-Net-Net-Working-Capital falls into.



Micropro Software Solutions Net-Net Working Capital Calculation

Micropro Software Solutions's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.149+0.75 * 121.425+0.5 * 3.327-91.136
-0-0)/14.380
=1.37

Micropro Software Solutions's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.149+0.75 * 121.425+0.5 * 3.327-91.136
-0-0)/14.380
=1.37

* 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.


Micropro Software Solutions  (NSE:MICROPRO) 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.


Micropro Software Solutions Net-Net Working Capital Related Terms

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Micropro Software Solutions (NSE:MICROPRO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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