NNWC Screen

Asset based Stock Screener

Screens for stocks where the price of the stock is trading below the Net Net Working Capital (NNWC).

NNWC = Cash & Equivalents + (Accounts Receivables x 0.75) + (Inventory x 0.5) - Total Liabilities

NNWC is more conservative than NCAV as it discounts certain items of the balance sheet.

NNWC can be considered as the liquidation value.

Read more: NCAV NNWC backtest