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Rediff.com India (Rediff.com India) Net-Net Working Capital : $-0.07 (As of Sep. 2015)


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What is Rediff.com 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.

Rediff.com India's Net-Net Working Capital for the quarter that ended in Sep. 2015 was $-0.07.

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

REDFY's Price-to-Net-Net-Working-Capital is not ranked *
in the Interactive Media industry.
Industry Median: 5.62
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rediff.com India Net-Net Working Capital Historical Data

The historical data trend for Rediff.com 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.

Rediff.com India Net-Net Working Capital Chart

Rediff.com India Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.78 0.54 0.44 0.09

Rediff.com India Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.09 - -0.07 -

Competitive Comparison of Rediff.com India's Net-Net Working Capital

For the Internet Content & Information subindustry, Rediff.com 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.


Rediff.com India's Price-to-Net-Net-Working-Capital Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rediff.com India's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Rediff.com India Net-Net Working Capital Calculation

Rediff.com India's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2015 is calculated as

Net-Net Working Capital(A: Mar. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.295+0.75 * 2.937+0.5 * 0-7.989
-0-0)/27.5904
=0.09

Rediff.com India's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2015 is calculated as

Net-Net Working Capital(Q: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.85+0.75 * 1.98+0.5 * 0-10.19
-0-0)/27.590
=-0.07

* 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.


Rediff.com India  (OTCPK:REDFY) 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.


Rediff.com India Net-Net Working Capital Related Terms

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Rediff.com India (Rediff.com India) Business Description

Traded in Other Exchanges
N/A
Address
L. J. First Cross Road, 1st Floor, Mahalaxmi Engineering Estate, Mahim (West), Mumbai, MH, IND, 400016
Rediff.com India Ltd is an India-based internet company, which delivers digital content and e-commerce marketplace services. The services are delivered through the source of websites, tablets, and mobile which includes news and information, enterprise e-mail services, online shopping marketplace and Internet-based local television advertising platform. The group's secure Internet platform provides a communication suite to businesses of all sizes.

Rediff.com India (Rediff.com India) Headlines

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