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Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Net-Net Working Capital : $-0.54 (As of Jun. 2023)


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What is Vahanna Tech Edge Acquisition I 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.

Vahanna Tech Edge Acquisition I's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $-0.54.

The industry rank for Vahanna Tech Edge Acquisition I's Net-Net Working Capital or its related term are showing as below:

VHNA's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vahanna Tech Edge Acquisition I Net-Net Working Capital Historical Data

The historical data trend for Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I Net-Net Working Capital Chart

Vahanna Tech Edge Acquisition I Annual Data
Trend Dec21 Dec22
Net-Net Working Capital
-0.24 -0.32

Vahanna Tech Edge Acquisition I Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -0.26 -0.27 -0.32 -0.40 -0.54

Competitive Comparison of Vahanna Tech Edge Acquisition I's Net-Net Working Capital

For the Shell Companies subindustry, Vahanna Tech Edge Acquisition I'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.


Vahanna Tech Edge Acquisition I's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Vahanna Tech Edge Acquisition I's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Vahanna Tech Edge Acquisition I's Price-to-Net-Net-Working-Capital falls into.



Vahanna Tech Edge Acquisition I Net-Net Working Capital Calculation

Vahanna Tech Edge Acquisition I's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.051+0.75 * 0+0.5 * 0-7.956
-0-0)/25.0125
=-0.32

Vahanna Tech Edge Acquisition I's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.077+0.75 * 0+0.5 * 0-13.675
-0-0)/25.0125
=-0.54

* 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.


Vahanna Tech Edge Acquisition I  (NAS:VHNA) 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.


Vahanna Tech Edge Acquisition I Net-Net Working Capital Related Terms

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Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020
Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Avacara Pte, Ltd. 10 percent owner 14 ROBINSON ROAD, #12-01/02, FAR EAST FINANCE BUILDING, SINGAPORE U0 048545
Steven J. Carlson director C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Zoe Ashcroft director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Ankur Kamboj officer: Chief Operating Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Mohit Pasricha officer: Chief Financial Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Rohan Malhotra director, officer: Chief Executive Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Supurna Vedbrat director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Xavier Blanchard officer: See Remarks C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Akshaya Bhargava 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Vinode Ramgopal 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Ajay Shah director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Abha Kumar director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Karan Puri officer: Chief Executive Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Vahanna Llc 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Saurav Adhikari director, officer: Chairman C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010

Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Headlines

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