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EXLA Resources (EXLA Resources) Net-Net Working Capital : $0.00 (As of Sep. 2013)


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What is EXLA Resources 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.

EXLA Resources's Net-Net Working Capital for the quarter that ended in Sep. 2013 was $0.00.

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

EXLA's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.4
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

EXLA Resources Net-Net Working Capital Historical Data

The historical data trend for EXLA Resources'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.

EXLA Resources Net-Net Working Capital Chart

EXLA Resources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Net-Net Working Capital
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EXLA Resources Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of EXLA Resources's Net-Net Working Capital

For the Oil & Gas Drilling subindustry, EXLA Resources'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.


EXLA Resources's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

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

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



EXLA Resources Net-Net Working Capital Calculation

EXLA Resources's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2012 is calculated as

Net-Net Working Capital(A: Dec. 2012 )
=(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 * 0-0.132
-0-0)/261.467
=-0.00

EXLA Resources's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2013 is calculated as

Net-Net Working Capital(Q: Sep. 2013 )
=(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 * 0-0.327
-0-0)/106
=-0.00

* 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.


EXLA Resources  (OTCPK:EXLA) 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.


EXLA Resources Net-Net Working Capital Related Terms

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EXLA Resources (EXLA Resources) Business Description

Traded in Other Exchanges
N/A
Address
3609 Hammerkop Drive, N Las Vegas, Las Vegas, NV, USA, 89084
EXLA Resources Inc is in the business of acquiring mining leases with intent to build operations to either mine or to prove up reserves to sell the leases to other mining companies. It is currently looking for acquisitions that have projects under contract to leap frog its operations and holdings.

EXLA Resources (EXLA Resources) Headlines

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