GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Al Maha Petroleum Products Marketing Co SAOG (MUS:MHAS) » Definitions » Net-Net Working Capital

Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Net-Net Working Capital : ر.ع-0.34 (As of Jun. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Al Maha Petroleum Products Marketing CoOG 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.

Al Maha Petroleum Products Marketing CoOG's Net-Net Working Capital for the quarter that ended in Jun. 2024 was ر.ع-0.34.

The industry rank for Al Maha Petroleum Products Marketing CoOG's Net-Net Working Capital or its related term are showing as below:

MUS:MHAS's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Al Maha Petroleum Products Marketing CoOG Net-Net Working Capital Historical Data

The historical data trend for Al Maha Petroleum Products Marketing CoOG'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.

Al Maha Petroleum Products Marketing CoOG Net-Net Working Capital Chart

Al Maha Petroleum Products Marketing CoOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.21 -0.21 -0.25 -0.29

Al Maha Petroleum Products Marketing CoOG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.28 -0.31 -0.29 -0.39 -0.34

Competitive Comparison of Al Maha Petroleum Products Marketing CoOG's Net-Net Working Capital

For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG'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.


Al Maha Petroleum Products Marketing CoOG's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Maha Petroleum Products Marketing CoOG's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Al Maha Petroleum Products Marketing CoOG's Price-to-Net-Net-Working-Capital falls into.



Al Maha Petroleum Products Marketing CoOG Net-Net Working Capital Calculation

Al Maha Petroleum Products Marketing CoOG'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 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(42.389+0.75 * 72.205+0.5 * 4.013-118.528
-0-0)/69
=-0.29

Al Maha Petroleum Products Marketing CoOG's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2024 is calculated as

Net-Net Working Capital(Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(23.925+0.75 * 75.418+0.5 * 4.127-106.217
-0-0)/69
=-0.34

* 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.


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) 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.


Al Maha Petroleum Products Marketing CoOG Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Al Maha Petroleum Products Marketing CoOG's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Al Maha Petroleum Products Marketing CoOG Business Description

Traded in Other Exchanges
N/A
Address
Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG markets and distributes petroleum products. It supplies fuel and petroleum-based products to retail, industrial, and aviation markets and offers environment-friendly oil and lubricants through its service stations. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, and Other sales. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.

Al Maha Petroleum Products Marketing CoOG Headlines

No Headlines