GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Basic Energy Corp (PHS:BSC) » Definitions » Net-Net Working Capital

Basic Energy (PHS:BSC) Net-Net Working Capital : ₱-0.81 (As of Mar. 2025)


View and export this data going back to 1973. Start your Free Trial

What is Basic Energy 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.

Basic Energy's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₱-0.81.

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

PHS:BSC's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.73
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Basic Energy Net-Net Working Capital Historical Data

The historical data trend for Basic Energy'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.

Basic Energy Net-Net Working Capital Chart

Basic Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 -0.53 -0.73 -0.79 -0.87

Basic Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.86 -0.76 -0.78 -0.87 -0.81

Competitive Comparison of Basic Energy's Net-Net Working Capital

For the Oil & Gas E&P subindustry, Basic Energy'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.


Basic Energy's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

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

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


;
;

Basic Energy Net-Net Working Capital Calculation

Basic Energy's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1664.685+0.75 * 16328.731+0.5 * 5136.992-25952.678
-0-3322.595)/14668.643
=-0.87

Basic Energy's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(818.804+0.75 * 18749.026+0.5 * 5673.491-25949.644
-0-3590.079)/14668.643
=-0.81

* 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.


Basic Energy  (PHS:BSC) 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.


Basic Energy Net-Net Working Capital Related Terms

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


Basic Energy Business Description

Industry
Traded in Other Exchanges
N/A
Address
GM Building, 240 EDSA, Barangay Wack Wack Greenhills East, Mandaluyong, PHL, 1556
Basic Energy Corp is principally engaged in renewable energy, alternative fuels, wholesale and distribution of petroleum products, and in oil and gas exploration and development. The Group consists of one reportable segment, the downstream oil operations, specifically the sale of petroleum products.

Basic Energy Headlines

No Headlines