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Z-Tech (India) (NSE:ZTECH) Net-Net Working Capital : ₹0.00 (As of Jun. 2024)


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What is Z-Tech (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.

Z-Tech (India)'s Net-Net Working Capital for the quarter that ended in Jun. 2024 was ₹0.00.

The industry rank for Z-Tech (India)'s Net-Net Working Capital or its related term are showing as below:

NSE:ZTECH's Price-to-Net-Net-Working-Capital is ranked worse than
98.7% of 615 companies
in the Consumer Packaged Goods industry
Industry Median: 6.89 vs NSE:ZTECH: 505.23

Z-Tech (India) Net-Net Working Capital Historical Data

The historical data trend for Z-Tech (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.

Z-Tech (India) Net-Net Working Capital Chart

Z-Tech (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-1.00 -0.44 -1.92 1.29

Z-Tech (India) Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Mar24 Jun24
Net-Net Working Capital Get a 7-Day Free Trial -1.92 - -1.00 1.29 -

Competitive Comparison of Z-Tech (India)'s Net-Net Working Capital

For the Household & Personal Products subindustry, Z-Tech (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.


Z-Tech (India)'s Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Z-Tech (India)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Z-Tech (India)'s Price-to-Net-Net-Working-Capital falls into.


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Z-Tech (India) Net-Net Working Capital Calculation

Z-Tech (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)
=(8.271+0.75 * 270.674+0.5 * 10.84-200.125
-0-0)/12.797
=1.29

Z-Tech (India)'s Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/12.797
=N/A

* 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.


Z-Tech (India)  (NSE:ZTECH) 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.


Z-Tech (India) Net-Net Working Capital Related Terms

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Z-Tech (India) Business Description

Traded in Other Exchanges
N/A
Address
Plot 140, Khasra No. 249, Mangla Puri, Gadaipur, South-West Delhi, New Delhi, IND, 110030
Z-Tech (India) Ltd is engaged in designing civil engineering products and services with state?of?the?art specialty in Geo? Technical Specialised Solutions in the field of infrastructure and civil construction projects to India. The company is engaged in providing innovative, safe and eco-friendly engineering solutions. These solutions include three categories: Sustainable Theme Park Development, Industrial Waste Water Management and Geo Technical Specialised Solutions. Its business segments include trading of Circular Knitting Needle & other items except solar related items and Manufacturing, trading and application of Solar Panel etc. Key revenue is generated from Circular Knitting Needle & other items except solar related items.

Z-Tech (India) Headlines

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