Quick Screen Summary
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