GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stardust Power Inc (NAS:SDST) » Definitions » Net-Net Working Capital

SDST (Stardust Power) Net-Net Working Capital : $-0.39 (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Stardust Power 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.

Stardust Power's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $-0.39.

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

SDST's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 8.53
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Stardust Power Net-Net Working Capital Historical Data

The historical data trend for Stardust Power'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.

Stardust Power Net-Net Working Capital Chart

Stardust Power Annual Data
Trend Dec23 Dec24
Net-Net Working Capital
-0.12 -0.58

Stardust Power Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial - -0.52 -0.36 -0.58 -0.39

Competitive Comparison of Stardust Power's Net-Net Working Capital

For the Electrical Equipment & Parts subindustry, Stardust Power'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.


Stardust Power's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stardust Power's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

Stardust Power Net-Net Working Capital Calculation

Stardust Power's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.913+0.75 * 0+0.5 * 0-28.409
-0-0)/47.736
=-0.58

Stardust Power's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.588+0.75 * 0+0.5 * 0-24.282
-0-0)/57.650
=-0.39

* 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.


Stardust Power  (NAS:SDST) 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.


Stardust Power Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Stardust Power's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Stardust Power Business Description

Traded in Other Exchanges
Address
15 East Putnam Avenue, Suite 378, Greenwich, CT, USA, 06830
Stardust Power Inc is developing a lithium refinery at its Facility in Muskogee, Oklahoma, with planned capacity of producing up to 50,000 metric tons per annum of BGLC once fully operational. The company will source lithium brine feedstock from various suppliers and may make investments upstream to secure additional feedstock. The Company seeks to sell its products to electric vehicle (EV) manufacturers as the primary market, with potential applications in other areas such as battery manufacturers, the U.S. military, and original equipment manufacturers (OEMs).