GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velesto Energy Bhd (XKLS:5243) » Definitions » Net-Net Working Capital

Velesto Energy Bhd (XKLS:5243) Net-Net Working Capital : RM0.00 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Velesto Energy Bhd 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.

Velesto Energy Bhd's Net-Net Working Capital for the quarter that ended in Sep. 2024 was RM0.00.

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

XKLS:5243's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.595
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Velesto Energy Bhd Net-Net Working Capital Historical Data

The historical data trend for Velesto Energy Bhd'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.

Velesto Energy Bhd Net-Net Working Capital Chart

Velesto Energy Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.09 -0.03 -0.06 -0.04

Velesto Energy Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.04 -0.04 -0.01 - -

Competitive Comparison of Velesto Energy Bhd's Net-Net Working Capital

For the Oil & Gas Drilling subindustry, Velesto Energy Bhd'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.


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

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

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



Velesto Energy Bhd Net-Net Working Capital Calculation

Velesto Energy Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(126.449+0.75 * 95.203+0.5 * 178.709-632.237
-0-0)/8215.6
=-0.04

Velesto Energy Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(198.822+0.75 * 402.739+0.5 * 112.765-561.251
-0-0)/8215.61
=-0.00

* 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.


Velesto Energy Bhd  (XKLS:5243) 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.


Velesto Energy Bhd Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Velesto Energy Bhd's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Velesto Energy Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, MYS, 50470
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company has four operating segments namely drilling services; Integrated services; oilfield services; and others. The company has a geographical presence in Malaysia and other countries.

Velesto Energy Bhd Headlines

No Headlines