NNWC Stock Screen
Stocks trading below Net Net Working Capital Value
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