RISE (Rise Oil & Gas) Net-Net Working Capital: $-0.23 (As of Sep. 2023)


What is Rise Oil & Gas Net-Net Working Capital?

Rise Oil & Gas RISE Net-Net Working Capital is $-0.23 as of Sep. 2023.

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.

Rise Oil & Gas's Net-Net Working Capital for the quarter that ended in Sep. 2023 was $-0.23.

The industry rank for Rise Oil & Gas's Net-Net Working Capital or its related term are showing as below:

RISE's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.96
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rise Oil & Gas  (AMEX:RISE) 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.

Rise Oil & Gas Net-Net Working Capital Related Terms

Rise Oil & Gas Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Rise Oil & Gas'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.

Rise Oil & Gas Net-Net Working Capital Chart

Rise Oil & Gas Annual Data
Trend Dec21 Dec22
Net-Net Working Capital
0.00 0.34

Rise Oil & Gas Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial 0.48 0.34 0.03 -0.01 -0.23

RISE vs : Net-Net Working Capital Comparison

For the Oil & Gas E&P subindustry, Rise Oil & Gas'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.

Rise Oil & Gas Price-to-Net-Net-Working-Capital vs Oil & Gas Industry

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

* The bar in red indicates where Rise Oil & Gas's Price-to-Net-Net-Working-Capital falls into.


Rise Oil & Gas Net-Net Working Capital Calculation

Rise Oil & Gas's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.637+0.75 * 0+0.5 * 0-0.751
-0-0)/5.626
=0.34

Rise Oil & Gas's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.151+0.75 * 0+0.5 * 0-2.466
-0-0)/5.626
=-0.23

* 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.

What does a Net-Net Working Capital of $-0.23 mean?
Rise Oil & Gas (RISE) has a Net-Net Working Capital of $-0.23 as of Sep. 2023. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Rise Oil & Gas
Is Rise Oil & Gas' Net-Net Working Capital too high?
Rise Oil & Gas' current Net-Net Working Capital is $-0.23.
How does Rise Oil & Gas' Net-Net Working Capital compare to ?
Rise Oil & Gas' Net-Net Working Capital of $-0.23 can be compared against companies in the Oil & Gas industry. The industry median Net-Net Working Capital is 6.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.96, based on 192 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Rise Oil & Gas For the Oil & Gas industry, the median Net-Net Working Capital is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rise Oil & Gas's current Net-Net Working Capital is $-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rise Oil & Gas stock overvalued right now?
Rise Oil & Gas (RISE) has a current Net-Net Working Capital of $-0.23. The current Net-Net Working Capital is $-0.23. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Rise Oil & Gas (RISE), the current Net-Net Working Capital is $-0.23 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rise Oil & Gas Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759
Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.