Trident Techlabs (NSE:TECHLABS) Net-Net Working Capital : ₹-3.40 (As of Mar. 2024)

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What is Trident Techlabs 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.

Trident Techlabs's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-3.40.

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

NSE:TECHLABS's Price-to-Net-Net-Working-Capital is not ranked ^*
in the Software industry.
Industry Median: 8.58
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Trident Techlabs Net-Net Working Capital Historical Data

The historical data trend for Trident Techlabs'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.

Trident Techlabs Net-Net Working Capital Chart

Trident Techlabs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Net-Net Working Capital

-7.33

-5.72

-0.77

-3.40

Trident Techlabs Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Net-Net Working Capital	-7.33	-5.72	-0.77	-3.40

Competitive Comparison of Trident Techlabs's Net-Net Working Capital

For the Software - Application subindustry, Trident Techlabs'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.

Trident Techlabs's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Trident Techlabs's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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

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Trident Techlabs Net-Net Working Capital Calculation

Trident Techlabs'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)
=	(4.45	+	0.75 * 596.249	+	0.5 * 24.701	-	522.73
-	0	-	0)	/	17.281
=	-3.40

Trident Techlabs'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)
=	(4.45	+	0.75 * 596.249	+	0.5 * 24.701	-	522.73
-	0	-	0)	/	17.281
=	-3.40

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.

Trident Techlabs (NSE:TECHLABS) 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.

Trident Techlabs Net-Net Working Capital Related Terms

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Trident Techlabs Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Rani Jhansi Road, 1/18-20, 2nd floor, White House, New Delhi, IND, 110055

Website

https://www.tridenttechlabs.com

Trident Techlabs Ltd offers custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, semiconductor and power distribution sectors. It has two business verticals i.e. Engineering Solutions and Power System Solutions. Engineering Solutions portfolio consists of system-level electronics design, chip-level electronics design, embedded design, PCB designing, electromagnetic simulations and other products and services. Power Solutions portfolio of products and related services helps power distribution utilities that face new challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability. The company operates in two segments; trading business, and consultancy business which generates the majority of the revenue.

Trident Techlabs Headlines

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