GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Riverstone Credit Opportunities Income PLC (LSE:RCOI) » Definitions » Net-Net Working Capital

Riverstone Credit Opportunitiesome (LSE:RCOI) Net-Net Working Capital : $0.00 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Riverstone Credit Opportunitiesome 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.

Riverstone Credit Opportunitiesome's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $0.00.

The industry rank for Riverstone Credit Opportunitiesome's Net-Net Working Capital or its related term are showing as below:

LSE:RCOI's Price-to-Net-Net-Working-Capital is not ranked *
in the Asset Management industry.
Industry Median: 6.225
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Riverstone Credit Opportunitiesome Net-Net Working Capital Historical Data

The historical data trend for Riverstone Credit Opportunitiesome'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.

Riverstone Credit Opportunitiesome Net-Net Working Capital Chart

Riverstone Credit Opportunitiesome Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
0.08 0.05 0.04 -0.01 -

Riverstone Credit Opportunitiesome Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial 0.04 0.04 -0.01 0.01 -

Competitive Comparison of Riverstone Credit Opportunitiesome's Net-Net Working Capital

For the Asset Management subindustry, Riverstone Credit Opportunitiesome'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.


Riverstone Credit Opportunitiesome's Price-to-Net-Net-Working-Capital Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Riverstone Credit Opportunitiesome's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Riverstone Credit Opportunitiesome's Price-to-Net-Net-Working-Capital falls into.



Riverstone Credit Opportunitiesome Net-Net Working Capital Calculation

Riverstone Credit Opportunitiesome's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.627+0+0.75 * 0+0.5 * 0-1.067
-0-0)/90.8052
=-0.00

Riverstone Credit Opportunitiesome's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.627+0+0.75 * 0+0.5 * 0-1.067
-0-0)/90.8052
=-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.


Riverstone Credit Opportunitiesome  (LSE:RCOI) 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.


Riverstone Credit Opportunitiesome Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Riverstone Credit Opportunitiesome's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Riverstone Credit Opportunitiesome (LSE:RCOI) Business Description

Traded in Other Exchanges
N/A
Address
20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY
Riverstone Credit Opportunities Income PLC is a United Kingdom based closed-ended investment company. The company seeks to generate consistent shareholder returns in the form of income distributions by making senior secured loans to energy-related companies.

Riverstone Credit Opportunitiesome (LSE:RCOI) Headlines

No Headlines