NNWC Increasing Screen

Asset based Stock Screener

This screen displays companies with positive and increasing Net Net Working Capital (NNWC) compared to the previous quarter.

Such companies have been able to increase cash, accounts receivables and/or inventory at a much higher rate than debt.

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

Read more: NCAV, NNWC and increasing NNWC backtest