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Upsurge Seeds of Agriculture (NSE:USASEEDS) Net-Net Working Capital : ₹-25.70 (As of Mar. 2024)


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What is Upsurge Seeds of Agriculture 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.

Upsurge Seeds of Agriculture's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-25.70.

The industry rank for Upsurge Seeds of Agriculture's Net-Net Working Capital or its related term are showing as below:

NSE:USASEEDS's Price-to-Net-Net-Working-Capital is not ranked *
in the Agriculture industry.
Industry Median: 8.06
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Upsurge Seeds of Agriculture Net-Net Working Capital Historical Data

The historical data trend for Upsurge Seeds of Agriculture'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.

Upsurge Seeds of Agriculture Net-Net Working Capital Chart

Upsurge Seeds of Agriculture Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-6.75 -13.42 -19.67 -19.45 -25.70

Upsurge Seeds of Agriculture Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial -19.67 16.70 -19.45 -2.86 -25.70

Competitive Comparison of Upsurge Seeds of Agriculture's Net-Net Working Capital

For the Agricultural Inputs subindustry, Upsurge Seeds of Agriculture'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.


Upsurge Seeds of Agriculture's Price-to-Net-Net-Working-Capital Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Upsurge Seeds of Agriculture's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Upsurge Seeds of Agriculture's Price-to-Net-Net-Working-Capital falls into.


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Upsurge Seeds of Agriculture Net-Net Working Capital Calculation

Upsurge Seeds of Agriculture'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)
=(1.306+0.75 * 24.509+0.5 * 794.588-598.416
-0-0)/7.060
=-25.70

Upsurge Seeds of Agriculture'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)
=(1.306+0.75 * 24.509+0.5 * 794.588-598.416
-0-0)/7.060
=-25.70

* 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.


Upsurge Seeds of Agriculture  (NSE:USASEEDS) 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.


Upsurge Seeds of Agriculture Net-Net Working Capital Related Terms

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Upsurge Seeds of Agriculture Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 17, Shreenathji Industrial Estate, National Highway 8-B, Kuvadva, Rajkot, GJ, IND, 360023
Upsurge Seeds of Agriculture Ltd is a seeds manufacturing company engaged in the business of growing, developing, processing and marketing a variety of seeds for a range of field crops and vegetables. The company's product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek and others.

Upsurge Seeds of Agriculture Headlines

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