Toplofikacia Pleven AD-Pleven (XBUL:TPLP) Net-Net Working Capital: €0.00 (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBUL:TPLP Toplofikacia Pleven AD-Pleven XBUL:TPLP
6 GF Score
Price €1.30
! 1 Warning Sign
View Full Analysis

What is Toplofikacia Pleven AD-Pleven Net-Net Working Capital?

Toplofikacia Pleven AD-Pleven XBUL:TPLP 6 Net-Net Working Capital is €0.00 as of . 20. GuruFocus rates XBUL:TPLP with a GF Score™ of 6/100. The stock has 1 warning sign investors should review. Among 60 Utilities - Independent Power Producers companies, Toplofikacia Pleven AD-Pleven ranks worse than 1666665% on this metric.

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.

Toplofikacia Pleven AD-Pleven's Net-Net Working Capital for the quarter that ended in . 20 was €0.00.

The industry rank for Toplofikacia Pleven AD-Pleven's Net-Net Working Capital or its related term are showing as below:

XBUL:TPLP's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 5.89
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Toplofikacia Pleven AD-Pleven  (XBUL:TPLP) 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.


Toplofikacia Pleven AD-Pleven Net-Net Working Capital Related Terms


Toplofikacia Pleven AD-Pleven Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Toplofikacia Pleven AD-Pleven'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.

Toplofikacia Pleven AD-Pleven Net-Net Working Capital Chart

Toplofikacia Pleven AD-Pleven Annual Data
Trend
Net-Net Working Capital

Toplofikacia Pleven AD-Pleven Semi-Annual Data
Net-Net Working Capital

XBUL:TPLP vs : Net-Net Working Capital Comparison

For the Utilities - Independent Power Producers subindustry, Toplofikacia Pleven AD-Pleven'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.


Toplofikacia Pleven AD-Pleven Price-to-Net-Net-Working-Capital vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Toplofikacia Pleven AD-Pleven's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Toplofikacia Pleven AD-Pleven's Price-to-Net-Net-Working-Capital falls into.


XBUL:TPLP
6GF Score
Toplofikacia Pleven AD-Pleven XBUL:TPLP
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toplofikacia Pleven AD-Pleven Net-Net Working Capital Calculation

Toplofikacia Pleven AD-Pleven's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Toplofikacia Pleven AD-Pleven's Net-Net Working Capital (NNWC) per share for the quarter that ended in . 20 is calculated as

* 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 €0.00 mean?
Toplofikacia Pleven AD-Pleven (XBUL:TPLP) has a Net-Net Working Capital of €0.00 as of . 20. 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 Toplofikacia Pleven AD-Pleven According to the industry distribution chart, Toplofikacia Pleven AD-Pleven ranks #999999 out of 60 companies in the Utilities - Independent Power Producers industry.
Is Toplofikacia Pleven AD-Pleven's Net-Net Working Capital too high?
Toplofikacia Pleven AD-Pleven's current Net-Net Working Capital is €0.00. Based on the distribution chart, Toplofikacia Pleven AD-Pleven ranks #999999 out of 60 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Toplofikacia Pleven AD-Pleven has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Toplofikacia Pleven AD-Pleven's Net-Net Working Capital compare to ?
According to the Utilities - Independent Power Producers industry distribution chart, Toplofikacia Pleven AD-Pleven ranks #999999 out of 60 companies for Net-Net Working Capital. This places Toplofikacia Pleven AD-Pleven in the lower half of its industry. The industry median Net-Net Working Capital is 5.89. 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 Utilities - Independent Power Producers company?
The median Net-Net Working Capital among Utilities - Independent Power Producers companies is 5.89, based on 60 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 Toplofikacia Pleven AD-Pleven For the Utilities - Independent Power Producers industry, the median Net-Net Working Capital is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplofikacia Pleven AD-Pleven's current Net-Net Working Capital is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplofikacia Pleven AD-Pleven stock overvalued right now?
Toplofikacia Pleven AD-Pleven (XBUL:TPLP) has a current Net-Net Working Capital of €0.00. The current Net-Net Working Capital is €0.00. Toplofikacia Pleven AD-Pleven's overall GF Score™ is 6/100 with 1 warning sign to review. 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 Toplofikacia Pleven AD-Pleven (XBUL:TPLP), the current Net-Net Working Capital is €0.00 as of . 20. 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.

Toplofikacia Pleven AD-Pleven Business Description

Comparable Companies
Address 128 East Industrial Zone Street, Pleven, BGR
Toplofikacia Pleven AD-Pleven is the steam heating utility operating in Bulgaria's northern town of Pleven. The activities of the company include Fossil Fuel Electric Power Generation, Steam and Air-Conditioning Supply.
6GF Score

Get the complete analysis for XBUL:TPLP

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.30
Price