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Urals Energy PCL (STU:U5S1) Net-Net Working Capital : €-2.03 (As of Jun. 2018)


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What is Urals Energy PCL 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.

Urals Energy PCL's Net-Net Working Capital for the quarter that ended in Jun. 2018 was €-2.03.

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

STU:U5S1's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.29
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Urals Energy PCL Net-Net Working Capital Historical Data

The historical data trend for Urals Energy PCL'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.

Urals Energy PCL Net-Net Working Capital Chart

Urals Energy PCL Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.45 -0.84 -0.97 -1.26 -1.40

Urals Energy PCL Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -1.40 -1.26 -1.34 -1.40 -2.03

Competitive Comparison of Urals Energy PCL's Net-Net Working Capital

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


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

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

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



Urals Energy PCL Net-Net Working Capital Calculation

Urals Energy PCL's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net-Net Working Capital(A: Dec. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.577+0.75 * 0.521+0.5 * 11.673-23.984
-0-0.529)/12.6223
=-1.40

Urals Energy PCL's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2018 is calculated as

Net-Net Working Capital(Q: Jun. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.087+0.75 * 0.963+0.5 * 16.864-35.398
-0-0.462)/12.622
=-2.03

* 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.


Urals Energy PCL  (STU:U5S1) 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.


Urals Energy PCL Net-Net Working Capital Related Terms

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Urals Energy PCL (STU:U5S1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Menandrou Street, Glafkos Tower, Office 501, 5th Floor, Nicosia, CYP, 1066
Urals Energy PCL is a Cyprus-based holding company. The company along with its subsidiaries are primarily engaged in oil and gas exploration and production in the Russian Federation and processing of crude oil for distribution on both the Russian and international markets. It has only one reportable segment: Crude Oil Exploration and Production. It derives the majority of its revenue from petroleum (refined) products. Urals Energy's main exploration and production operations are on the Kolguyev Island based in Timan Pechora and on Sakhalin Island.

Urals Energy PCL (STU:U5S1) Headlines

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