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Rappid Valves (India) (NSE:RAPPID) Net-Net Working Capital : ₹-18.27 (As of Mar. 2024)


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What is Rappid Valves (India) 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.

Rappid Valves (India)'s Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-18.27.

The industry rank for Rappid Valves (India)'s Net-Net Working Capital or its related term are showing as below:

NSE:RAPPID's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.41
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rappid Valves (India) Net-Net Working Capital Historical Data

The historical data trend for Rappid Valves (India)'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.

Rappid Valves (India) Net-Net Working Capital Chart

Rappid Valves (India) Annual Data
Trend Mar22 Mar23 Mar24
Net-Net Working Capital
-15.11 -14.59 -18.27

Rappid Valves (India) Semi-Annual Data
Mar22 Mar23 Mar24
Net-Net Working Capital -15.11 -14.59 -18.27

Competitive Comparison of Rappid Valves (India)'s Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Rappid Valves (India)'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.


Rappid Valves (India)'s Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rappid Valves (India)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Rappid Valves (India)'s Price-to-Net-Net-Working-Capital falls into.


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Rappid Valves (India) Net-Net Working Capital Calculation

Rappid Valves (India)'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)
=(15.83+0.75 * 77.953+0.5 * 115.806-177.245
-49.8-0)/5.192
=-18.27

Rappid Valves (India)'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)
=(15.83+0.75 * 77.953+0.5 * 115.806-177.245
-49.8-0)/5.192
=-18.27

* 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.


Rappid Valves (India)  (NSE:RAPPID) 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.


Rappid Valves (India) Net-Net Working Capital Related Terms

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Rappid Valves (India) Business Description

Traded in Other Exchanges
N/A
Address
Genesis Industrial Complex, Plot No.30 & 31, Village Kolgaon, Palghar (East), District Palghar, Thane, MH, IND, 401404
Rappid Valves (India) Ltd is an engineering company engaged in the manufacturing of Valve solutions. Its product portfolio includes Ball valves, Gate Valves, Globe Valves, Butterfly Valves, Check Valves, Double Block valves, Strainer Valves and Marine Valves which are manufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering to diverse requirement.

Rappid Valves (India) Headlines

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