GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Absolute PCL (BKK:EA) » Definitions » Net-Net Working Capital

Energy Absolute PCL (BKK:EA) Net-Net Working Capital : ฿-15.95 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Energy Absolute PCL Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Energy Absolute PCL's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ฿-15.95.

The industry rank for Energy Absolute PCL's Net-Net Working Capital or its related term are showing as below:

BKK:EA's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.77
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Energy Absolute PCL Net-Net Working Capital Historical Data

The historical data trend for Energy Absolute PCL's Net-Net Working Capital 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.

Energy Absolute PCL Net-Net Working Capital Chart

Energy Absolute PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.24 -12.13 -12.48 -15.10 -17.20

Energy Absolute PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.62 -17.19 -16.02 -17.20 -15.95

Competitive Comparison of Energy Absolute PCL's Net-Net Working Capital

For the Utilities - Renewable subindustry, Energy Absolute PCL's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Energy Absolute PCL's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energy Absolute PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Energy Absolute PCL's Price-to-Net-Net-Working-Capital falls into.



Energy Absolute PCL Net-Net Working Capital Calculation

Energy Absolute PCL's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2463.729+0.75 * 3273.955+0.5 * 7412.184-70219.721
-0-2310.247)/3715.25
=-17.20

Energy Absolute PCL's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2244.512+0.75 * 9470.503+0.5 * 6809.331-69854.073
-0-2116.043)/3713.34
=-15.95

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.


Energy Absolute PCL  (BKK:EA) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Energy Absolute PCL Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Energy Absolute PCL's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy Absolute PCL (BKK:EA) Business Description

Traded in Other Exchanges
N/A
Address
89, Ratchadaphisek Road, 16th Floor, AIA Capital Center Building, Din Daeng District, Bangkok, THA, 10400
Energy Absolute PCL is a Thailand-based energy company that produces biodiesel and alternative energy and engages in oil trading activities. The Group has five reportable segments which comprises of manufacturing and distributing crude palm oil, biodiesel products, and pure glycerine products, manufacturing and distributing electricity from solar, wind power and biomass, consulting in the project regarding alternative electric energy, manufacturing and distributing electric vehicles, manufacturing and distributing battery and head office and others It generates maximum revenue from the manufacturing and distribution of electricity from the solar and wind power segment from sales located primarily in Thailand.