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Egdon Resources (LSE:EDR) Net-Net Working Capital : £0.00 (As of Jan. 2023)


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What is Egdon 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.

Egdon Resources's Net-Net Working Capital for the quarter that ended in Jan. 2023 was £0.00.

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

LSE:EDR's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.38
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Egdon Resources Net-Net Working Capital Historical Data

The historical data trend for Egdon 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.

Egdon Resources Net-Net Working Capital Chart

Egdon Resources Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - -0.02 -0.01

Egdon Resources Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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 -0.01 -0.01 -0.01 - -

Competitive Comparison of Egdon Resources's Net-Net Working Capital

For the Oil & Gas E&P subindustry, Egdon 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.


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

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

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


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Egdon Resources Net-Net Working Capital Calculation

Egdon Resources's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2021 is calculated as

Net-Net Working Capital(A: Jul. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.96+0.75 * 0.76+0.5 * 0-6.59
-0-0)/516.777
=-0.01

Egdon Resources's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2023 is calculated as

Net-Net Working Capital(Q: Jan. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.524+0.75 * 2.301+0.5 * 0.017-5.95
-0-0)/543.983
=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.


Egdon Resources  (LSE:EDR) 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.


Egdon Resources Net-Net Working Capital Related Terms

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Egdon Resources Business Description

Traded in Other Exchanges
N/A
Address
450 Green Park, Suite 250, Reading, GBR, RG2 6UU
Egdon Resources PLC is an Oil and Gas company. The principal activity of the group is engaged in the exploration and production of conventional oil and gas in the UK and France and the exploration for unconventional oil and gas resources in the UK. Its primary focus is on conventional oil and gas reservoirs where the oil and gas are found in porous rocks. Unconventional oil and gas reservoirs occur where the oil and gas became trapped within the organic-rich shale rock itself. Its project sites include Wressle Oil and Gas Discovery, North Kelsey, and Biscathorpe. The group generates revenue from the sale of oil.