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Sarthak Metals (NSE:SMLT) Net-Net Working Capital : ₹49.73 (As of Dec. 2024)


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What is Sarthak Metals 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.

Sarthak Metals's Net-Net Working Capital for the quarter that ended in Dec. 2024 was ₹49.73.

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

NSE:SMLT's Price-to-Net-Net-Working-Capital is ranked better than
86.19% of 1311 companies
in the Industrial Products industry
Industry Median: 8.41 vs NSE:SMLT: 2.38

Sarthak Metals Net-Net Working Capital Historical Data

The historical data trend for Sarthak Metals'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.

Sarthak Metals Net-Net Working Capital Chart

Sarthak Metals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 5.26 18.28 36.09 51.82

Sarthak Metals Quarterly Data
Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.59 51.82 49.71 52.46 49.73

Competitive Comparison of Sarthak Metals's Net-Net Working Capital

For the Metal Fabrication subindustry, Sarthak Metals'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.


Sarthak Metals's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sarthak Metals's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Sarthak Metals Net-Net Working Capital Calculation

Sarthak Metals'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)
=(349.636+0.75 * 397.435+0.5 * 200.334-38.439
-0-0)/13.690
=51.82

Sarthak Metals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(271.82+0.75 * 466.239+0.5 * 279.828-80.557
-0-0)/13.690
=49.73

* 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.


Sarthak Metals  (NSE:SMLT) 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.


Sarthak Metals Net-Net Working Capital Related Terms

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Sarthak Metals Business Description

Traded in Other Exchanges
Address
B.B.C. Colony, G.E. Road, Near Bhilai ITI, Khursipar, Bhilai, CT, IND, 490011
Sarthak Metals Ltd focuses on precision metallurgy, enhancing steel manufacturing processes, and providing industrial welding consumables. The company is engaged in the manufacturing and selling of a wide variety of cored wires, ferroalloys, and aluminum flipping coils, providing products and solutions that are targeted to attaining precision in metallurgy and fine-tuning of steel manufacturing. The company generates the majority of its revenue from the sale of products within India.

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