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Puration (Puration) Net-Net Working Capital : $0.00 (As of Sep. 2007)


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What is Puration 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.

Puration's Net-Net Working Capital for the quarter that ended in Sep. 2007 was $0.00.

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

PURA's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Products industry.
Industry Median: 6.92
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Puration Net-Net Working Capital Historical Data

The historical data trend for Puration'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.

Puration Net-Net Working Capital Chart

Puration Annual Data
Trend Dec04 Dec05 Dec06
Net-Net Working Capital
- - -

Puration Quarterly Data
Sep03 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 - - - - -

Competitive Comparison of Puration's Net-Net Working Capital

For the Pollution & Treatment Controls subindustry, Puration'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.


Puration's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

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

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



Puration Net-Net Working Capital Calculation

Puration's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2006 is calculated as

Net-Net Working Capital(A: Dec. 2006 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.426+0.75 * 0+0.5 * 0.452-1.506
-0-0)/0
=N/A

Puration's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2007 is calculated as

Net-Net Working Capital(Q: Sep. 2007 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0.452-1.66
-0-0)/0
=N/A

* 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.


Puration  (OTCPK:PURA) 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.


Puration Net-Net Working Capital Related Terms

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Puration (Puration) Business Description

Traded in Other Exchanges
N/A
Address
1584 County Road 613, Farmersville, TX, USA, 75442
Puration Inc is engaged in the business of researching, designing, developing, producing, marketing and distributing products and systems to improve the quality of the water used daily by people around the world. The company designs and produces personal use water filter bottles and other containers and also has developed its proprietary technology for water filtration and purification. It derives its revenue from the selling of water filtration products.
Executives
Robert Howard Nelson officer: Chief Financial Officer 1613 EAST 15TH STREET, TULSA OK 74120