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Kiwetinohk Energy (TSX:KEC) Net-Net Working Capital : C$-10.23 (As of Mar. 2025)


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What is Kiwetinohk 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.

Kiwetinohk Energy's Net-Net Working Capital for the quarter that ended in Mar. 2025 was C$-10.23.

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

TSX:KEC's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Kiwetinohk Energy Net-Net Working Capital Historical Data

The historical data trend for Kiwetinohk 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.

Kiwetinohk Energy Net-Net Working Capital Chart

Kiwetinohk Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
1.14 -4.18 -6.16 -7.49 -10.40

Kiwetinohk 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 -7.77 -8.13 -8.84 -10.40 -10.23

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

For the Oil & Gas E&P subindustry, Kiwetinohk 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.


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

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

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


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Kiwetinohk Energy Net-Net Working Capital Calculation

Kiwetinohk 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)
=(0+0.75 * 60.181+0.5 * 0.315-500.537
-0-0)/43.782
=-10.40

Kiwetinohk 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)
=(0+0.75 * 64.889+0.5 * 0-496.626
-0-0)/43.787
=-10.23

* 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.


Kiwetinohk Energy  (TSX:KEC) 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.


Kiwetinohk Energy Net-Net Working Capital Related Terms

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Kiwetinohk Energy Business Description

Traded in Other Exchanges
Address
250 - 2nd Street SW, Suite 1700, Calgary, AB, CAN, T2P 0C1
Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture, and hydrogen clean energy projects. The Company's business activities include an upstream segment involved in the exploration and development of petroleum and natural gas in western Canada and a power segment involved in evaluating and developing low carbon solutions for the energy industry and securing access to downstream markets including power and hydrogen.
Executives
Jakub Brogowski Senior Officer
Michael Alexander Hantzsch Senior Officer
Lisa Wong Senior Officer
Janet Annesley Senior Officer
Fareen Sunderji Senior Officer
Beth Reimer-heck Director
Steven William Sinclair Director
Michael Carlson Senior Officer
Judith Athaide Director
John Kendall Whelen Director
John Maniawski Senior Officer
Patrick Beverley Carlson Director, Senior Officer
Kurt Molnar Senior Officer

Kiwetinohk Energy Headlines

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