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RR Financial Consultants (BOM:511626) Net-Net Working Capital : ₹-5.69 (As of Mar. 2024)


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What is RR Financial Consultants 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.

RR Financial Consultants's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-5.69.

The industry rank for RR Financial Consultants's Net-Net Working Capital or its related term are showing as below:

BOM:511626's Price-to-Net-Net-Working-Capital is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.07
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

RR Financial Consultants Net-Net Working Capital Historical Data

The historical data trend for RR Financial Consultants'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.

RR Financial Consultants Net-Net Working Capital Chart

RR Financial Consultants Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.42 -5.63 -5.40 -4.78 -5.69

RR Financial Consultants Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.78 - -4.10 - -5.69

Competitive Comparison of RR Financial Consultants's Net-Net Working Capital

For the Financial Conglomerates subindustry, RR Financial Consultants'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.


RR Financial Consultants's Price-to-Net-Net-Working-Capital Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RR Financial Consultants's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where RR Financial Consultants's Price-to-Net-Net-Working-Capital falls into.



RR Financial Consultants Net-Net Working Capital Calculation

RR Financial Consultants'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)
=(32.706+0.75 * 58.424+0.5 * 28.585-127.182
-0-26.588)/11.0607
=-5.69

RR Financial Consultants's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(32.706+0.75 * 58.424+0.5 * 28.585-127.182
-0-26.588)/11.0607
=-5.69

* 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.


RR Financial Consultants  (BOM:511626) 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.


RR Financial Consultants Net-Net Working Capital Related Terms

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RR Financial Consultants (BOM:511626) Business Description

Traded in Other Exchanges
N/A
Address
21, Barakhamba Road, 412-422, 4th Floor, Indraprakash Building, New Delhi, IND, 110001
RR Financial Consultants Ltd is an India-based company engaged in the finance and insurance business. The company is also involved in the activities of financial advisory. Its business activities include equity broking, insurance broking, investment banking, and distribution. The company offers products such as stockbroking, commodity broking, futures and options, interest rate derivatives, currency derivatives, corporate and life insurance, retail general insurance, corporate finance, equity capital markets, private equity, mutual funds, fixed deposits, initial public offerings and tax saving schemes. It derives a majority of its revenue from offering brokerage, consultancy, and auxiliary services.

RR Financial Consultants (BOM:511626) Headlines

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