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SpaceNet Enterprises India (NSE:SPCENET) Net-Net Working Capital : ₹0.37 (As of Mar. 2024)


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What is SpaceNet Enterprises 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.

SpaceNet Enterprises India's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹0.37.

The industry rank for SpaceNet Enterprises India's Net-Net Working Capital or its related term are showing as below:

NSE:SPCENET's Price-to-Net-Net-Working-Capital is ranked worse than
94.83% of 290 companies
in the Capital Markets industry
Industry Median: 5.815 vs NSE:SPCENET: 91.81

SpaceNet Enterprises India Net-Net Working Capital Historical Data

The historical data trend for SpaceNet Enterprises 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.

SpaceNet Enterprises India Net-Net Working Capital Chart

SpaceNet Enterprises India 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 -3.35 -1.06 0.07 0.03 0.37

SpaceNet Enterprises India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 - 0.37 - 0.37

Competitive Comparison of SpaceNet Enterprises India's Net-Net Working Capital

For the Capital Markets subindustry, SpaceNet Enterprises 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.


SpaceNet Enterprises India's Price-to-Net-Net-Working-Capital Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SpaceNet Enterprises India's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where SpaceNet Enterprises India's Price-to-Net-Net-Working-Capital falls into.



SpaceNet Enterprises India Net-Net Working Capital Calculation

SpaceNet Enterprises India'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)
=(106.403+0.75 * 405.518+0.5 * 4.098-166.195
-0-45.792)/549.231
=0.37

SpaceNet Enterprises India's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(106.403+0.75 * 405.518+0.5 * 4.098-166.195
-0-45.792)/549.231
=0.37

* 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.


SpaceNet Enterprises India  (NSE:SPCENET) 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.


SpaceNet Enterprises India Net-Net Working Capital Related Terms

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SpaceNet Enterprises India (NSE:SPCENET) Business Description

Traded in Other Exchanges
N/A
Address
Street No. 03, Raidurgam, Prasanth Hills, Plot No. 114, Survey No. 66/2, Gachibowli, Nav Khalsa, Serilingampally, Ranga Reddy, Hyderabad, TG, IND, 500008
SpaceNet Enterprises India Ltd is primarily engaged in the trading of commodities, providing Information Technology Services and online advertising services. It operates in a single segment that is Trading in commodities and derives revenue from the sale of commodities. Its investment enterprise is across a broad range of tech industries.

SpaceNet Enterprises India (NSE:SPCENET) Headlines

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