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QS Energy (QS Energy) Net-Net Working Capital : $-0.01 (As of Mar. 2024)


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What is QS Energy 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.

QS Energy's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-0.01.

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

QSEP's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.72
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

QS Energy Net-Net Working Capital Historical Data

The historical data trend for QS Energy'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.

QS Energy Net-Net Working Capital Chart

QS Energy 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 -0.01 -0.01 -0.01 -0.01 -0.01

QS Energy 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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of QS Energy's Net-Net Working Capital

For the Oil & Gas Equipment & Services subindustry, QS Energy'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.


QS Energy's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QS Energy's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



QS Energy Net-Net Working Capital Calculation

QS Energy'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)
=(0.07+0.75 * 0+0.5 * 0-5.328
-0-0)/392.586
=-0.01

QS Energy'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)
=(0.078+0.75 * 0+0.5 * 0-5.472
-0-0)/397.932
=-0.01

* 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.


QS Energy  (OTCPK:QSEP) 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.


QS Energy Net-Net Working Capital Related Terms

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


QS Energy (QS Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
23902 FM 2978, Unit No. 1, Tomball, TX, USA, 77375
QS Energy Inc develops and commercializes energy efficiency technologies that assist in increased global energy demands, improvement in the economics of oil extraction and transport, and reduction of greenhouse gas emissions. Its primary technology is Applied Oil Technology (AOT), which is a commercial-grade crude oil pipeline transportation flow assurance product. The company's oil and gas market is segmented into three primary categories namely Upstream Producers, Midstream Transporters, and Downstream Refiners. The Upstream segment is involved in the exploration and production of oil and gas. Midstream companies transport oil and gas to markets via pipelines, rail, and shipping and provide storage in the field and the Downstream sector refines oil and gas into finished products.
Executives
Eric Bunting director 10701 FORESTGATE, WICHITA KS 67206
Gary M Buchler director 2544 RAMROCK DR., PORTER TX 77365
William Howard Green director 3721 REDMONT TERRACE, EDMOND OK 73034
Richard William Munn director 15 CAMELOT OAKS CT., THE WOODLANDS TX 77382
Michael Scott Mcmullen officer: Chief Financial Officer PO BOX 1045, TIBURON CA 94920
Jason B Lane director, officer: Chief Executive Officer 23902 RM 2978, TUMBALL TX 77375
Thomas A. Bundros director 735 STATE STREET, #500, SANTA BARBARA CA 93101
Don Dickson director 5266 HOLLISTER AVENUE, SANTA BARBARA CA 93111
Mark Stubbs director 136 W. CANON PERDIDO STREET, STE. A, SANTA BARBARA CA 93427
Ryan K Zinke director 409 W 2ND STREET, WHITEFISH MT 59932
Greggory M Bigger officer: CFO 5266 HOLLISTER AVENUE, SUITE 219, SANTA BARBARA CA 93111
Eugene E Eichler officer: Interim CFO 735 STATE ST. #500, SANTA BARBARA CA 93101
Charles Blum director, officer: Chief Executive Officer 1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Cecil Bond Kyte director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
John F Price director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601