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VL Infraprojects (NSE:VLINFRA) Net-Net Working Capital : ₹-16.82 (As of Mar. 2024)


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What is VL Infraprojects 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.

VL Infraprojects's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-16.82.

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

NSE:VLINFRA's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

VL Infraprojects Net-Net Working Capital Historical Data

The historical data trend for VL Infraprojects'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.

VL Infraprojects Net-Net Working Capital Chart

VL Infraprojects Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-3.23 -4.49 -6.96 -16.82

VL Infraprojects Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Net-Net Working Capital -3.23 -4.49 -6.96 -13.57 -16.82

Competitive Comparison of VL Infraprojects's Net-Net Working Capital

For the Engineering & Construction subindustry, VL Infraprojects'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.


VL Infraprojects's Price-to-Net-Net-Working-Capital Distribution in the Construction Industry

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

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


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VL Infraprojects Net-Net Working Capital Calculation

VL Infraprojects'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)
=(1.348+0.75 * 166.341+0.5 * 30.199-405.538
-0-0)/15.713
=-16.82

VL Infraprojects'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)
=(1.348+0.75 * 166.341+0.5 * 30.199-405.538
-0-0)/15.713
=-16.82

* 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.


VL Infraprojects  (NSE:VLINFRA) 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.


VL Infraprojects Net-Net Working Capital Related Terms

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VL Infraprojects Business Description

Traded in Other Exchanges
N/A
Address
Near Vakil saheb Bridge Bopal, Office at 716, Shivalik Satyamev, Ahmedabad, GJ, IND, 380058
VL Infraprojects Ltd provides designing, construction, and commissioning of various types of government projects especially in water infrastructure and irrigation segment. It is engaged in executing water supply and sewerage infrastructure projects mainly involving the procurement of pipes and their laying, joining, and commissioning with backward integration including all allied civil engineering works like construction of civil work, pumping stations and installation of electro-mechanical equipment's (pumping machinery) for distribution of water supply from the river to household. The company also provide operations & maintenance services for water distribution pipelines.

VL Infraprojects Headlines

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