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Sahaj Solar (NSE:SAHAJSOLAR) Net-Net Working Capital : ₹14.89 (As of Sep. 2024)


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What is Sahaj Solar 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.

Sahaj Solar's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹14.89.

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

NSE:SAHAJSOLAR's Price-to-Net-Net-Working-Capital is ranked worse than
86.49% of 518 companies
in the Semiconductors industry
Industry Median: 8.105 vs NSE:SAHAJSOLAR: 30.10

Sahaj Solar Net-Net Working Capital Historical Data

The historical data trend for Sahaj Solar'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.

Sahaj Solar Net-Net Working Capital Chart

Sahaj Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-10.69 -14.96 -23.41 -27.81

Sahaj Solar Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial -14.96 -23.41 -17.68 -27.81 14.89

Competitive Comparison of Sahaj Solar's Net-Net Working Capital

For the Solar subindustry, Sahaj Solar'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.


Sahaj Solar's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sahaj Solar's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Sahaj Solar Net-Net Working Capital Calculation

Sahaj Solar'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)
=(118.313+0.75 * 885.638+0.5 * 150.459-1157.414
-0-5.889)/10.986
=-27.81

Sahaj Solar'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)
=(115.609+0.75 * 838.089+0.5 * 194.598-671.424
-0-6.509)/10.986
=14.89

* 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.


Sahaj Solar  (NSE:SAHAJSOLAR) 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.


Sahaj Solar Net-Net Working Capital Related Terms

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Sahaj Solar Business Description

Traded in Other Exchanges
N/A
Address
Office No. 301, Ashirvad Paras, Opposite Prahladnagar Garden, Satellite, Ahmedabad, GJ, IND, 380051
Sahaj Solar Ltd is a renewable energy solution provider engaged majorly into three businesses being manufacturing of PV modules, providing solar water pumping systems and providing EPC services to PAN India customers. Its product include Solar Panel, Solar Water Pump, Solar Mobile Trolleys, Solar Home Light and etc.

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