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Solstad Maritime ASA (OSL:SOMA) Net-Net Working Capital : kr0.00 (As of . 20)


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What is Solstad Maritime ASA 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.

Solstad Maritime ASA's Net-Net Working Capital for the quarter that ended in . 20 was kr0.00.

The industry rank for Solstad Maritime ASA's Net-Net Working Capital or its related term are showing as below:

OSL:SOMA's Price-to-Net-Net-Working-Capital is not ranked *
in the Transportation industry.
Industry Median: 6.23
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Solstad Maritime ASA Net-Net Working Capital Historical Data

The historical data trend for Solstad Maritime ASA'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.

Solstad Maritime ASA Net-Net Working Capital Chart

Solstad Maritime ASA Annual Data
Trend
Net-Net Working Capital

Solstad Maritime ASA Semi-Annual Data
Net-Net Working Capital

Competitive Comparison of Solstad Maritime ASA's Net-Net Working Capital

For the Marine Shipping subindustry, Solstad Maritime ASA'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.

Solstad Maritime ASA's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Solstad Maritime ASA's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Solstad Maritime ASA's Price-to-Net-Net-Working-Capital falls into.


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Solstad Maritime ASA Net-Net Working Capital Calculation

Solstad Maritime ASA's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Net-Net Working Capital(A: . 20 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

Solstad Maritime ASA's Net-Net Working Capital (NNWC) per share for the quarter that ended in . 20 is calculated as

Net-Net Working Capital(Q: . 20 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(+0.75 * +0.5 * -N/A
--)/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.

Solstad Maritime ASA  (OSL:SOMA) 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.

Solstad Maritime ASA Net-Net Working Capital Related Terms

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Solstad Maritime ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Solstad Maritime ASA (OSL:SOMA) » Definitions » Net-Net Working Capital
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
https://www.solstad.com/solstad-maritime
Solstad Maritime ASA operates a fleet consisting of 32 wholly owned vessels, including 22 CSVs and 10 AHTS. The Group also owns 1/3 of one USV vessel. In addition, It has four additional CSVs under management agreements. The majority of the vessels are equipped to carry out projects over and above traditional supply and anchor-handling services. Activities also include projects for the development of offshore wind farms. The Group generates its revenues predominantly through the chartering out of vessels and provision of certain add-on services to the offshore oil and gas and offshore renewable energy industries. The Group operates in the global offshore services market and provides marine services for the offshore energy industry through its high-end subsea and AHTS vessels globally.

Solstad Maritime ASA Headlines

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