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Slone Infosystems (NSE:SLONE) Net-Net Working Capital : ₹-6.58 (As of Sep. 2024)


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What is Slone Infosystems 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.

Slone Infosystems's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹-6.58.

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

NSE:SLONE's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 7.195
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Slone Infosystems Net-Net Working Capital Historical Data

The historical data trend for Slone Infosystems'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.

Slone Infosystems Net-Net Working Capital Chart

Slone Infosystems Annual Data
Trend Mar21 Mar22 Mar23
Net-Net Working Capital
-7.25 -7.53 -14.26

Slone Infosystems Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Net-Net Working Capital -7.25 -7.53 -14.26 - -6.58

Competitive Comparison of Slone Infosystems's Net-Net Working Capital

For the Electronics & Computer Distribution subindustry, Slone Infosystems'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.


Slone Infosystems's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Slone Infosystems's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Slone Infosystems Net-Net Working Capital Calculation

Slone Infosystems'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)
=(1.659+0.75 * 27.351+0.5 * 1.427-98.022
-0-0)/5.269
=-14.26

Slone Infosystems'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)
=(41.447+0.75 * 833.854+0.5 * 82.771-742.91
-0-0)/5.269
=-6.58

* 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.


Slone Infosystems  (NSE:SLONE) 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.


Slone Infosystems Net-Net Working Capital Related Terms

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Slone Infosystems Business Description

Traded in Other Exchanges
N/A
Address
5th Road Khar West, Ground Floor, Mohini Heights CHS LTD, Behind Rajasthan Hotel, Khar Delivery, Mumbai, MH, IND, 400052
Slone Infosystems Ltd is an IT hardware solutions company based in India. The company is involved in the sale and rental of IT equipment such as laptops, desktops, servers, and workstations. Additionally, the company offers IT service solutions including managing cloud servers and servicing IT equipment for corporate clients.

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