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Lyondellbasell Advanced Polymers (Lyondellbasell Advanced Polymers) Net-Net Working Capital : $0.00 (As of May. 2018)


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What is Lyondellbasell Advanced Polymers 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.

Lyondellbasell Advanced Polymers's Net-Net Working Capital for the quarter that ended in May. 2018 was $0.00.

The industry rank for Lyondellbasell Advanced Polymers's Net-Net Working Capital or its related term are showing as below:

SLMNP.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 7.25
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Lyondellbasell Advanced Polymers Net-Net Working Capital Historical Data

The historical data trend for Lyondellbasell Advanced Polymers'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.

Lyondellbasell Advanced Polymers Net-Net Working Capital Chart

Lyondellbasell Advanced Polymers Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Net-Net Working Capital
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Lyondellbasell Advanced Polymers Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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Competitive Comparison of Lyondellbasell Advanced Polymers's Net-Net Working Capital

For the Chemicals subindustry, Lyondellbasell Advanced Polymers'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.


Lyondellbasell Advanced Polymers's Price-to-Net-Net-Working-Capital Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lyondellbasell Advanced Polymers's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Lyondellbasell Advanced Polymers's Price-to-Net-Net-Working-Capital falls into.



Lyondellbasell Advanced Polymers Net-Net Working Capital Calculation

Lyondellbasell Advanced Polymers's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2017 is calculated as

Net-Net Working Capital(A: Aug. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(53.251+0.75 * 408.439+0.5 * 276.459-1546.748
-120.289-10.014)/0
=N/A

Lyondellbasell Advanced Polymers's Net-Net Working Capital (NNWC) per share for the quarter that ended in May. 2018 is calculated as

Net-Net Working Capital(Q: May. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(52.002+0.75 * 443.705+0.5 * 304.438-1566.474
-120.289-10.545)/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.


Lyondellbasell Advanced Polymers  (OTCPK:SLMNP.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.


Lyondellbasell Advanced Polymers Net-Net Working Capital Related Terms

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Lyondellbasell Advanced Polymers (Lyondellbasell Advanced Polymers) Business Description

Traded in Other Exchanges
N/A
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
Executives
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Allen A Spizzo director 1313 N MARKET ST, WILMINGTON DE 19894
Kathleen M. Oswald director 3637 RIDGEWOOD RD, AKRON OH 44308
Gary D. Phillips officer: Chief Commercial Officer 3637 RIDGEWOOD RD., AKRON OH 44333
John W Richardson officer: EVP - Chief Financial Officer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Andreas K Gunther officer: EVP - Chief Human Resources 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Brent Middleton officer: SVP GM USCAN 1228 TITAN WAY, SUNNYVALE CA 94085
Frank Roederer officer: SVP & GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Rainer Schewe officer: EVP Global Supply Chain 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Andrean Horton officer: Senior Corp. Counsel 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Kevin T Andrews officer: SVP - GM Engineered Composites 3637 RIDGEWOOD RD, FAIRLAWN OH 44333
Kristopher R Westbrooks officer: VP - Controller and CAO 3637 RIDGEWOOD ROAD, FAIRLAWN OH 44333
Stacy R Walter officer: VP - Internal Audit 3550 WEST MARKET STREET, AKRON OH 44333
Timothy J Mcdannold officer: Treasurer - Dir.Risk Mngmnt. 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Heinrich Lingnau-schneider officer: VP & General Manager - Europe 3550 WEST MARKET STREET, AKRON OH 44333

Lyondellbasell Advanced Polymers (Lyondellbasell Advanced Polymers) Headlines