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Rulka Electricals (NSE:RULKA) Net-Net Working Capital : ₹-27.19 (As of Sep. 2023)


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What is Rulka Electricals 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.

Rulka Electricals's Net-Net Working Capital for the quarter that ended in Sep. 2023 was ₹-27.19.

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

NSE:RULKA's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.48
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rulka Electricals Net-Net Working Capital Historical Data

The historical data trend for Rulka Electricals'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.

Rulka Electricals Net-Net Working Capital Chart

Rulka Electricals Annual Data
Trend Mar21 Mar22 Mar23
Net-Net Working Capital
-8.10 -16.47 -18.14

Rulka Electricals Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Net-Net Working Capital -8.10 -16.47 -18.14 -27.19

Competitive Comparison of Rulka Electricals's Net-Net Working Capital

For the Engineering & Construction subindustry, Rulka Electricals'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.


Rulka Electricals's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rulka Electricals's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Rulka Electricals Net-Net Working Capital Calculation

Rulka Electricals'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)
=(0.975+0.75 * 129.556+0.5 * 103.139-226.962
-0-0)/4.258
=-18.14

Rulka Electricals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.434+0.75 * 105.784+0.5 * 58.048-226.588
-0-0)/4.258
=-27.19

* 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.


Rulka Electricals  (NSE:RULKA) 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.


Rulka Electricals Net-Net Working Capital Related Terms

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Rulka Electricals Business Description

Traded in Other Exchanges
N/A
Address
Lake Road, Unit-B-109, 1st Floor, Shiva Estate, Bhandup (West), Mumbai, MH, IND, 400078
Rulka Electricals Ltd is engaged in offering solution for all types of Electrical & Fire Fighting Turnkey Projects. It offers range of services like Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turn Key Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting and Data & Voice Cabling Installation across the Industrial Sector, Commercial, Retail and Theatre sector also offer electrical contracting services for all types of industrial plants.

Rulka Electricals Headlines

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