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Silkflex Polymers (India) (NSE:SILKFLEX) Net-Net Working Capital : ₹-21.73 (As of Mar. 2025)


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What is Silkflex Polymers (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.

Silkflex Polymers (India)'s Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-21.73.

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

NSE:SILKFLEX's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 7.86
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Silkflex Polymers (India) Net-Net Working Capital Historical Data

The historical data trend for Silkflex Polymers (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.

Silkflex Polymers (India) Net-Net Working Capital Chart

Silkflex Polymers (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
-2.81 -4.32 -5.73 - -21.73

Silkflex Polymers (India) Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial -4.32 -5.73 -7.86 -8.40 -21.73

Competitive Comparison of Silkflex Polymers (India)'s Net-Net Working Capital

For the Specialty Chemicals subindustry, Silkflex Polymers (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.


Silkflex Polymers (India)'s Price-to-Net-Net-Working-Capital Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Silkflex Polymers (India)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Silkflex Polymers (India) Net-Net Working Capital Calculation

Silkflex Polymers (India)'s Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.896+0.75 * 101.318+0.5 * 301.319-470.575
-0-0)/11.183
=-21.73

Silkflex Polymers (India)'s Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.896+0.75 * 101.318+0.5 * 301.319-470.575
-0-0)/11.183
=-21.73

* 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.


Silkflex Polymers (India)  (NSE:SILKFLEX) 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.


Silkflex Polymers (India) Net-Net Working Capital Related Terms

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Silkflex Polymers (India) Business Description

Traded in Other Exchanges
N/A
Address
Daga Complex, Sulati Jaladhulagori, Sankrail, Howrah, WB, IND, 711302
Silkflex Polymers (India) Ltd is engaged in the trading of textile printing inks and water-based wood coating polymer products of a Malaysian brand- "Silkflex" produced by Silkflex Polymers SDN BHD. The business is divided into two categories i.e., textile printing ink products and wood coating products. Textile printing ink products include screen coating, Glue, Machine grade non-pvc inks, Additives, and Specialty water-based non-pvc inks. Wood coating products include Base coat, Top coat, Stains, and Sealer.

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