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Wise Travel India (NSE:WTICAB) Net-Net Working Capital : ₹13.41 (As of Sep. 2024)


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What is Wise Travel 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.

Wise Travel India's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₹13.41.

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

NSE:WTICAB's Price-to-Net-Net-Working-Capital is ranked worse than
64.75% of 417 companies
in the Business Services industry
Industry Median: 5.84 vs NSE:WTICAB: 10.65

Wise Travel India Net-Net Working Capital Historical Data

The historical data trend for Wise Travel 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.

Wise Travel India Net-Net Working Capital Chart

Wise Travel India Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-0.26 -0.46 -8.61 28.17

Wise Travel India Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Net-Net Working Capital Get a 7-Day Free Trial -0.46 -8.61 -5.71 28.17 13.41

Competitive Comparison of Wise Travel India's Net-Net Working Capital

For the Rental & Leasing Services subindustry, Wise Travel 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.


Wise Travel India's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wise Travel India's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Wise Travel India Net-Net Working Capital Calculation

Wise Travel 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)
=(967.507+0.75 * 856.963+0.5 * 0-939.421
-0-0)/23.812
=28.17

Wise Travel India'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)
=(821.918+0.75 * 1096.425+0.5 * 0-1355.812
-0-0.068)/21.506
=13.41

* 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.


Wise Travel India  (NSE:WTICAB) 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.


Wise Travel India Net-Net Working Capital Related Terms

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Wise Travel India Business Description

Traded in Other Exchanges
N/A
Address
D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka, GJ, IND, 110075
Wise Travel India Ltd is a transportation service provider company. It offers services like Car Rental Services, Employee Transportation Services, End-to-End Employee Transport Solutions (MSP), Flexible Fixed/Monthly Rental Plans, Convenient Airport Counters, Fleet Management Services, Mobility Services for MICE, Cutting-Edge Mobility Tech Solutions, Sustainable Mobility, etc.

Wise Travel India Headlines

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