BWPC (Blue Water Petroleum) Net-Net Working Capital: $-0.54 (As of Apr. 2014)

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What is Blue Water Petroleum Net-Net Working Capital?

Blue Water Petroleum BWPC Net-Net Working Capital is $-0.54 as of Apr. 2014.

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.

Blue Water Petroleum's Net-Net Working Capital for the quarter that ended in Apr. 2014 was $-0.54.

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

BWPC's Price-to-Net-Net-Working-Capital is not ranked *
in the Waste Management industry.
Industry Median: 6.79
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Blue Water Petroleum  (OTCPK:BWPC) 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.


Blue Water Petroleum Net-Net Working Capital Related Terms


Blue Water Petroleum Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Blue Water Petroleum'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.

Blue Water Petroleum Net-Net Working Capital Chart

Blue Water Petroleum Annual Data
Trend Jul11 Jul12 Jul13
Net-Net Working Capital
-0.01 -0.03 -0.17

Blue Water Petroleum Quarterly Data
Apr10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 -0.04 -0.17 -0.38 -0.48 -0.54

BWPC vs EUENF, ATLS, JONEQ: Net-Net Working Capital Comparison

For the Waste Management subindustry, Blue Water Petroleum'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.


Blue Water Petroleum Price-to-Net-Net-Working-Capital vs Waste Management Industry

For the Waste Management industry and Industrials sector, Blue Water Petroleum's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Blue Water Petroleum Net-Net Working Capital Calculation

Blue Water Petroleum's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2013 is calculated as

Net-Net Working Capital(A: Jul. 2013 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.04+0.75 * 0+0.5 * 0-0.467
-0-0)/2.454
=-0.17

Blue Water Petroleum's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2014 is calculated as

Net-Net Working Capital(Q: Apr. 2014 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.001+0.75 * 0+0.5 * 0-1.329
-0-0)/2.454
=-0.54

* 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.

What does a Net-Net Working Capital of $-0.54 mean?
Blue Water Petroleum (BWPC) has a Net-Net Working Capital of $-0.54 as of Apr. 2014. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Blue Water Petroleum
Is Blue Water Petroleum's Net-Net Working Capital too high?
Blue Water Petroleum's current Net-Net Working Capital is $-0.54.
How does Blue Water Petroleum's Net-Net Working Capital compare to EUENF and ATLS?
Blue Water Petroleum's Net-Net Working Capital of $-0.54 can be compared against companies in the Waste Management industry. The industry median Net-Net Working Capital is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Waste Management company?
The median Net-Net Working Capital among Waste Management companies is 6.79, based on 59 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Blue Water Petroleum For the Waste Management industry, the median Net-Net Working Capital is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Water Petroleum's current Net-Net Working Capital is $-0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Water Petroleum stock overvalued right now?
Blue Water Petroleum (BWPC) has a current Net-Net Working Capital of $-0.54. The current Net-Net Working Capital is $-0.54. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Blue Water Petroleum (BWPC), the current Net-Net Working Capital is $-0.54 as of Apr. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blue Water Petroleum Business Description

Address 2232 Dell Range Boulevard 277, Cheyenne, WY, USA, 82009
Blue Water Petroleum Corp is a holding company with the wholly owned subsidiary Blue Water Limited, LLC. Blue Water Limited, LLC holds the rights to the oil and gas mining claims in Montana and will hold future claims that are acquired. Company is engaged in recycling pyrolysis services. The company focused on creating value with pyrolysis treatment techniques that convert waste hydrocarbon materials, and petroleum sludge into saleable products, and oil and upgrading low-quality crude oil by increasing API gravity while reducing contamination. Currently company is operating Recycling recovery of substances and energy from waste, Waste Management, Catalytic technologies etc.