NNWC Increasing Stock Screen
Finds improving companies where fundamental asset base is increasing
Quick Screen Summary
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