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Blueknight Energy Partners LP (Blueknight Energy Partners LP) Net Current Asset Value : $0.00 (As of Jun. 2022)


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What is Blueknight Energy Partners LP Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Blueknight Energy Partners LP's net current asset value per share for the quarter that ended in Jun. 2022 was $0.00.

The historical rank and industry rank for Blueknight Energy Partners LP's Net Current Asset Value or its related term are showing as below:

BKEPP.PFD's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.78
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Blueknight Energy Partners LP Net Current Asset Value Historical Data

The historical data trend for Blueknight Energy Partners LP's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blueknight Energy Partners LP Net Current Asset Value Chart

Blueknight Energy Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
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Blueknight Energy Partners LP Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Blueknight Energy Partners LP's Net Current Asset Value

For the Oil & Gas Midstream subindustry, Blueknight Energy Partners LP's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blueknight Energy Partners LP's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Blueknight Energy Partners LP's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Blueknight Energy Partners LP's Price-to-Net-Current-Asset-Value falls into.



Blueknight Energy Partners LP Net Current Asset Value Calculation

Blueknight Energy Partners LP's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(7.644-129.341-0-0)/0
=N/A

Blueknight Energy Partners LP's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2022 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(13.627-148.88-0-0)/0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blueknight Energy Partners LP  (NAS:BKEPP.PFD) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Blueknight Energy Partners LP Net Current Asset Value Related Terms

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Blueknight Energy Partners LP (Blueknight Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
6060 American Plaza, Suite 600, Tulsa, OK, USA, 74135
Blueknight Energy Partners LP is a limited partnership operating in the US. The company is engaged in providing storage, gathering, and distribution services that support the domestic transportation infrastructure markets.
Executives
Matthew R Lewis officer: Chief Financial Officer 6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
D Andrew Woodward officer: Chief Financial Officer C/O ANDX, FINDLAY OH 45840
Michael G Mclanahan officer: Chief Accounting Officer 6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
Joel Pastorek director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Wiley Rebhun Adams director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Joel Kanvik officer: Cheif Legal Officer 6060 AMERICAN PLAZA, SUITE 600, TULSA OK 74135
Edward Drew Brooks director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Jimmy Arden Langdon director 2829 LAKELAND DRIVE, FLOWOOD MS 39232
Robert Howard Lampton director 2829 LAKELAND DRIVE, 2000, FLOWOOD MS 39232
William Walter Lampton director 2829 LAKELAND DRIVE, SUITE 2000, JACKSON MS 39232
Donald M Brooks director 6165 W. DETROIT ST., CHANDLER AZ 85284
Michael R Eisenson director C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Charlesbank Capital Partners Llc 10 percent owner, other: Director by Deputization 600 ATLANTIC AVENUE, BOSTON MA 02210
Cb-blueknight, Llc 10 percent owner, other: Director by Deputization 200 CLARENDON STREET, FLOOR 54, BOSTON MA 02116
Jon Biotti director C/O CHARLESBANK CAPITAL PARTNERS LLC, 200 CLARENDON STREET, 54TH FLOOR, BOSTON MA 02109

Blueknight Energy Partners LP (Blueknight Energy Partners LP) Headlines