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Mississippi Power Co (Mississippi Power Co) Net-Net Working Capital : $0.00 (As of Jun. 2018)


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What is Mississippi Power Co 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.

Mississippi Power Co's Net-Net Working Capital for the quarter that ended in Jun. 2018 was $0.00.

The industry rank for Mississippi Power Co's Net-Net Working Capital or its related term are showing as below:

MPpD.CL.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Regulated industry.
Industry Median: 7.23
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Mississippi Power Co Net-Net Working Capital Historical Data

The historical data trend for Mississippi Power Co'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.

Mississippi Power Co Net-Net Working Capital Chart

Mississippi Power Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net-Net Working Capital
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Mississippi Power Co Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Mississippi Power Co's Net-Net Working Capital

For the Utilities - Regulated Electric subindustry, Mississippi Power Co'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.


Mississippi Power Co's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mississippi Power Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Mississippi Power Co's Price-to-Net-Net-Working-Capital falls into.



Mississippi Power Co Net-Net Working Capital Calculation

Mississippi Power Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net-Net Working Capital(A: Dec. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(248+0.75 * 36+0.5 * 61-3508
-0-0)/0
=N/A

Mississippi Power Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2018 is calculated as

Net-Net Working Capital(Q: Jun. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(228+0.75 * 37+0.5 * 69-3255
-0-0)/0
=N/A

* 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.


Mississippi Power Co  (NYSE:MPpD.CL.PFD) 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.


Mississippi Power Co Net-Net Working Capital Related Terms

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Mississippi Power Co (Mississippi Power Co) Business Description

Traded in Other Exchanges
N/A
Address
Mississippi Power Co operates as a vertically integrated utility providing electricity to retail customers within its traditional service territory located within the State of Mississippi and to wholesale customers in the Southeast.
Executives
Anthony L Wilson officer: Executive Vice President 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
G Edison Holland officer: President & CEO 270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
Iv Edward Day, officer: President and CEO 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
Royce Cumbest director 3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Carl J Chaney director 146 LAKE TRIAL, FLORA MS 39071
Christine L Smilek director P O BOX 4019, GULFPORT MS 39502
Hood Warren A Jr director 623 MAIN STREET, HATTIESBURG MS 39401
Anthony J Topazi director, officer: President and CEO P O BOX 4079, GULFPORT MS 395024079

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