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Alpine Summit Energy Partners (Alpine Summit Energy Partners) Net-Net Working Capital : $-9.16 (As of Mar. 2023)


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What is Alpine Summit Energy Partners 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.

Alpine Summit Energy Partners's Net-Net Working Capital for the quarter that ended in Mar. 2023 was $-9.16.

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

ALPSQ's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Alpine Summit Energy Partners Net-Net Working Capital Historical Data

The historical data trend for Alpine Summit Energy Partners'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.

Alpine Summit Energy Partners Net-Net Working Capital Chart

Alpine Summit Energy Partners Annual Data
Trend Mar20 Mar21 Dec22
Net-Net Working Capital
- 0.01 -8.85

Alpine Summit Energy Partners Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -5.16 -5.78 -7.16 -8.85 -9.16

Competitive Comparison of Alpine Summit Energy Partners's Net-Net Working Capital

For the Oil & Gas E&P subindustry, Alpine Summit Energy Partners'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.


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

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

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



Alpine Summit Energy Partners Net-Net Working Capital Calculation

Alpine Summit Energy Partners'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)
=(7.123+0.75 * 26.466+0.5 * 0-252.579
-0-82.502)/34.8096
=-8.85

Alpine Summit Energy Partners's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2023 is calculated as

Net-Net Working Capital(Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.012+0.75 * 15.391+0.5 * 0-253.065
-0-81.838)/34.5315
=-9.16

* 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.


Alpine Summit Energy Partners  (OTCPK:ALPSQ) 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.


Alpine Summit Energy Partners Net-Net Working Capital Related Terms

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Alpine Summit Energy Partners (Alpine Summit Energy Partners) Business Description

Traded in Other Exchanges
N/A
Address
3322 West End Avenue, Suite 450, Nashville, TN, USA, 37203
Alpine Summit Energy Partners Inc is an energy developer engaged in oil and natural gas development, production, acquisition, and exploration activities in Texas. The Company's operating activities are mainly focused on the Austin Chalk and Eagle Ford formations in the Giddings Field, as well as the Hawkville Field. It has focused on maximizing growth and compounding equity value. It generates the majority of its revenue from the crude oil category.
Executives
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Agenia Clark other: Former Director C/O FB FINANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Anthony R Horton director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Auerbach Jonathan A G 10 percent owner 215 E 73RD STREET, NEW YORK NY 10021
Craig Perry director, 10 percent owner, officer: Chairman & CEO 405 LEXINGTON AVENUE, 50TH FLOOR, NEW YORK NY 10174
Michael William Mccoy officer: Chief Operating Officer C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILLE TN 37203
Porter Collins director C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILLE TN 37203
William Wicker officer: Chief Investment Officer C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILL TN 37203
Stephen Schaefer director C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILLE TN 37203
Reagan Brown officer: Chief Administrative Officer C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILLE TN 37203
Darren J. Tangen other: Former Director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
James Joseph Russo director C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILLE TN 37203
Chris Nilan officer: Sr. Managing Director 3322 WEST END AVE., SUITE 450, NASHVILLE TN 37203
Chrystie Holmstrom officer: Chief Legal Officer C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILLE TN 37203
Darren Moulds officer: Chief Financial Officer C/O ALPINE SUMMIT ENERGY PARTNERS, INC., 3322 WEST END AVENUE, SUITE 450, NASHVILLE TN 37203

Alpine Summit Energy Partners (Alpine Summit Energy Partners) Headlines

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