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Mari Energies (KAR:MARI) Net-Net Working Capital : ₨9.68 (As of Sep. 2024)


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What is Mari Energies 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.

Mari Energies's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₨9.68.

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

KAR:MARI's Price-to-Net-Net-Working-Capital is ranked worse than
94.9% of 196 companies
in the Oil & Gas industry
Industry Median: 5.79 vs KAR:MARI: 70.85

Mari Energies Net-Net Working Capital Historical Data

The historical data trend for Mari Energies'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.

Mari Energies Net-Net Working Capital Chart

Mari Energies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.29 30.20 11.02 4.60 15.27

Mari Energies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.51 11.95 3.70 15.27 9.68

Competitive Comparison of Mari Energies's Net-Net Working Capital

For the Oil & Gas E&P subindustry, Mari Energies'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.


Mari Energies's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

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

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



Mari Energies Net-Net Working Capital Calculation

Mari Energies's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(74886.288+0.75 * 81073.374+0.5 * 8620.579-121664.523
-0-0)/1200.62
=15.27

Mari Energies's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(78238.791+0.75 * 77634.444+0.5 * 9423.879-129551.171
-0-0)/1200.62
=9.68

* 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.


Mari Energies  (KAR:MARI) 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.


Mari Energies Net-Net Working Capital Related Terms

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Mari Energies Business Description

Industry
Traded in Other Exchanges
N/A
Address
21, Mauve Area, 3rd Road, G-10/4, P.O. Box 1614, Islamabad, PB, PAK, 44000
Mari Petroleum Co Ltd is an exploration and production company. It is principally engaged in the exploration, production, and sale of hydrocarbons. Some of the Blocks in which the company operates are Ziarat, Harnai, Sukkur, Sujawal, Karak, Ghauri, and Peshawar East. The company's segment includes Exploration and Production, Mari Seismic Unit, and Mari Drilling Unit. The majority of the firm's revenue is derived from the Exploration and Production segment which is engaged in all upstream business activities.

Mari Energies Headlines

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