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Teerth Gopicon (NSE:TGL) Net-Net Working Capital : ₹-28.78 (As of Sep. 2024)


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What is Teerth Gopicon 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.

Teerth Gopicon's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹-28.78.

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

NSE:TGL's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Teerth Gopicon Net-Net Working Capital Historical Data

The historical data trend for Teerth Gopicon'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.

Teerth Gopicon Net-Net Working Capital Chart

Teerth Gopicon Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-7.95 -12.91 -12.27 -51.26

Teerth Gopicon Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial -12.91 -12.27 -32.58 -51.26 -28.78

Competitive Comparison of Teerth Gopicon's Net-Net Working Capital

For the Engineering & Construction subindustry, Teerth Gopicon'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.


Teerth Gopicon's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

For the Construction industry and Industrials sector, Teerth Gopicon's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Teerth Gopicon Net-Net Working Capital Calculation

Teerth Gopicon'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)
=(10.5+0.75 * 332.8+0.5 * 588.5-1169.5
-0-0)/12.000
=-51.26

Teerth Gopicon'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)
=(10.3+0.75 * 456.3+0.5 * 649.7-1022.7
-0-0)/12.000
=-28.78

* 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.


Teerth Gopicon  (NSE:TGL) 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.


Teerth Gopicon Net-Net Working Capital Related Terms

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Teerth Gopicon Business Description

Traded in Other Exchanges
N/A
Address
204 Amar Metro, Near BalniketanSangh Pagnis Paga, Pagnispaga, Indore, MP, IND, 452007
Teerth Gopicon Ltd is engaged in engineering construction and development, mainly focusing on roads, sewerage, and water distribution projects in Madhya Pradesh. The company provides civil engineering projects such as building construction work, water supply, pipeline, sewerage network, sewerage treatment plant, nalla tapping work, reuse network, overhead tanks, GSR, Road work, Rejuvenation of Lake, etc. Its projects are MVS Sanaudha Saga, Ladies Hostel Karai, DB Project MP, and others.