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Rosseti Moscow Region PJSC (MIC:MSRS) Net-Net Working Capital : ₽-3.76 (As of Dec. 2023)


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What is Rosseti Moscow Region PJSC 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.

Rosseti Moscow Region PJSC's Net-Net Working Capital for the quarter that ended in Dec. 2023 was ₽-3.76.

The industry rank for Rosseti Moscow Region PJSC's Net-Net Working Capital or its related term are showing as below:

MIC:MSRS's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Regulated industry.
Industry Median: 7.405
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rosseti Moscow Region PJSC Net-Net Working Capital Historical Data

The historical data trend for Rosseti Moscow Region PJSC'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.

Rosseti Moscow Region PJSC Net-Net Working Capital Chart

Rosseti Moscow Region PJSC 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 -3.33 -3.44 -3.57 -3.47 -3.76

Rosseti Moscow Region PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.47 -3.30 -3.39 -3.48 -3.76

Competitive Comparison of Rosseti Moscow Region PJSC's Net-Net Working Capital

For the Utilities - Regulated Electric subindustry, Rosseti Moscow Region PJSC'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.


Rosseti Moscow Region PJSC's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Moscow Region PJSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Rosseti Moscow Region PJSC's Price-to-Net-Net-Working-Capital falls into.



Rosseti Moscow Region PJSC Net-Net Working Capital Calculation

Rosseti Moscow Region PJSC'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)
=(5036.173+0.75 * 16018.723+0.5 * 3975.245-202295.09
-0-0)/48707.1
=-3.76

Rosseti Moscow Region PJSC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5036.173+0.75 * 16018.723+0.5 * 3975.245-202295.09
-0-0)/48707.1
=-3.76

* 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.


Rosseti Moscow Region PJSC  (MIC:MSRS) 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.


Rosseti Moscow Region PJSC Net-Net Working Capital Related Terms

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Rosseti Moscow Region PJSC (MIC:MSRS) Business Description

Traded in Other Exchanges
N/A
Address
2 Paveletskiy Proezd, 3, Building 2, Moscow, RUS, 115114
Rosseti Moscow Region PJSC is a distribution electric grid company. The group's main activity is the provision of fee-based services for electricity transmission in Moscow and the Moscow Region. The group also provides technical connection services to electrical networks as part of its core operations. The company's reportable segments are Electricity transmission in Moscow, Electricity transmission in the Moscow Region, Connection services in Moscow, Connection services in the Moscow Region, and Others. The Other segment activities mainly represent rental income, installation services, repair, and technical maintenance of electrical equipment. The majority of revenue is derived from the Electricity transmission segment.

Rosseti Moscow Region PJSC (MIC:MSRS) Headlines

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