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National Petroleum Services Co KSC (KUW:NAPESCO) Net-Net Working Capital : KWD0.01 (As of Mar. 2025)


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What is National Petroleum Services Co KSC 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.

National Petroleum Services Co KSC's Net-Net Working Capital for the quarter that ended in Mar. 2025 was KWD0.01.

The industry rank for National Petroleum Services Co KSC's Net-Net Working Capital or its related term are showing as below:

KUW:NAPESCO's Price-to-Net-Net-Working-Capital is ranked worse than
98.03% of 203 companies
in the Oil & Gas industry
Industry Median: 5.73 vs KUW:NAPESCO: 139.50

National Petroleum Services Co KSC Net-Net Working Capital Historical Data

The historical data trend for National Petroleum Services Co KSC'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.

National Petroleum Services Co KSC Net-Net Working Capital Chart

National Petroleum Services Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.17 0.16 -0.03 0.03

National Petroleum Services Co KSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.03 -0.07 -0.02 0.03 0.01

Competitive Comparison of National Petroleum Services Co KSC's Net-Net Working Capital

For the Oil & Gas Equipment & Services subindustry, National Petroleum Services Co KSC'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.


National Petroleum Services Co KSC's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Petroleum Services Co KSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where National Petroleum Services Co KSC's Price-to-Net-Net-Working-Capital falls into.


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National Petroleum Services Co KSC Net-Net Working Capital Calculation

National Petroleum Services Co KSC's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.359+0.75 * 7.277+0.5 * 6.438-14.164
-0-16.105)/90.340
=0.03

National Petroleum Services Co KSC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(25.078+0.75 * 6.098+0.5 * 6.675-15.338
-0-17.045)/90.340
=0.01

* 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.


National Petroleum Services Co KSC  (KUW:NAPESCO) 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.


National Petroleum Services Co KSC Net-Net Working Capital Related Terms

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National Petroleum Services Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Integration Road MA10 with M6 ?Mina Abdullah, Street 6, P.O. Box 9801, Shuaiba West Industrial Area, Block 3, Plot No. 76, Al-Ahmadi, KWT, 61008
National Petroleum Services Co KSC provides oilfield services for the oil and gas industry in Kuwait. The company is engaged in carrying out all support services for wells drilling, repairing, and preparation for production as well as wells maintenance related services. It is also engaged in establishing industrial firms for the purpose of manufacturing and producing the equipment and materials needed for well drilling and repair. There are two segments within which the company operates namely oilfield services and non-oilfield services. The majority of the revenue is mainly from Oil field contracts that include Pumping services, and then Non- oil field contracts that involve supply power and environment, safety services.

National Petroleum Services Co KSC Headlines

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