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Teco 2030 ASA (OSL:TECO) Net-Net Working Capital : kr-2.39 (As of Sep. 2023)


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What is Teco 2030 ASA 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.

Teco 2030 ASA's Net-Net Working Capital for the quarter that ended in Sep. 2023 was kr-2.39.

The industry rank for Teco 2030 ASA's Net-Net Working Capital or its related term are showing as below:

OSL:TECO's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 7.035
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Teco 2030 ASA Net-Net Working Capital Historical Data

The historical data trend for Teco 2030 ASA'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.

Teco 2030 ASA Net-Net Working Capital Chart

Teco 2030 ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
- 0.18 -0.63 -1.26

Teco 2030 ASA Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.35 -1.26 -1.50 -2.30 -2.39

Competitive Comparison of Teco 2030 ASA's Net-Net Working Capital

For the Specialty Industrial Machinery subindustry, Teco 2030 ASA'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.


Teco 2030 ASA's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco 2030 ASA's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Teco 2030 ASA's Price-to-Net-Net-Working-Capital falls into.



Teco 2030 ASA Net-Net Working Capital Calculation

Teco 2030 ASA's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(45.866+0.75 * 6.65+0.5 * 6.974-254.322
-0-0)/158.511
=-1.26

Teco 2030 ASA's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.389+0.75 * 44.647+0.5 * 35.988-435.607
-0-0)/160.392
=-2.39

* 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.


Teco 2030 ASA  (OSL:TECO) 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.


Teco 2030 ASA Net-Net Working Capital Related Terms

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Teco 2030 ASA (OSL:TECO) Business Description

Traded in Other Exchanges
Address
Lysaker Torg 12, Lysaker, NOR, 1366
Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the United States and Malaysia, of which the USA accounts for the majority of the revenue.

Teco 2030 ASA (OSL:TECO) Headlines

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