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BlackRock New Energy Investment Trust (LSE:BRNS) Net-Net Working Capital : £-0.01 (As of Oct. 2013)


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What is BlackRock New Energy Investment Trust 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.

BlackRock New Energy Investment Trust's Net-Net Working Capital for the quarter that ended in Oct. 2013 was £-0.01.

The industry rank for BlackRock New Energy Investment Trust's Net-Net Working Capital or its related term are showing as below:

LSE:BRNS's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.38
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

BlackRock New Energy Investment Trust Net-Net Working Capital Historical Data

The historical data trend for BlackRock New Energy Investment Trust'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.

BlackRock New Energy Investment Trust Net-Net Working Capital Chart

BlackRock New Energy Investment Trust Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.93 -0.01 -0.01 -0.01

BlackRock New Energy Investment Trust Semi-Annual Data
Apr04 Oct04 Apr05 Oct05 Apr06 Oct06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13
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 -0.01 -0.01 -0.01 - -0.01

Competitive Comparison of BlackRock New Energy Investment Trust's Net-Net Working Capital

For the Asset Management subindustry, BlackRock New Energy Investment Trust'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.


BlackRock New Energy Investment Trust's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock New Energy Investment Trust's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where BlackRock New Energy Investment Trust's Price-to-Net-Net-Working-Capital falls into.



BlackRock New Energy Investment Trust Net-Net Working Capital Calculation

BlackRock New Energy Investment Trust's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2013 is calculated as

BlackRock New Energy Investment Trust's Net-Net Working Capital (NNWC) per share for the quarter that ended in Oct. 2013 is calculated as

* 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.


BlackRock New Energy Investment Trust  (LSE:BRNS) 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.


BlackRock New Energy Investment Trust Net-Net Working Capital Related Terms

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BlackRock New Energy Investment Trust (LSE:BRNS) Business Description

Traded in Other Exchanges
N/A
Address
BlackRock New Energy Investment Trust PLC is an investment trust. Its objective is to generate long term capital growth for its shareholders by investing globally in companies which have a significant focus on alternative energy or energy technology. In seeking to achieve this objective, the company invests globally in companies that have a significant involvement in renewable energy, Developers, Renewable EnergyTechnology, Energy Efficiency, Alternative Fuels and Enabling Energy & Infrastructure.