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Fluence Energy (Fluence Energy) Net-Net Working Capital : $-3.81 (As of Mar. 2024)


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What is Fluence 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.

Fluence Energy's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $-3.81.

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

FLNC's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.63
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Fluence Energy Net-Net Working Capital Historical Data

The historical data trend for Fluence 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.

Fluence Energy Net-Net Working Capital Chart

Fluence Energy Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Net-Net Working Capital
-0.98 -4.94 -10.08 -3.92 -3.48

Fluence Energy Quarterly Data
Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.54 -4.25 -3.48 -5.28 -3.81

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

For the Utilities - Renewable subindustry, Fluence 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.


Fluence Energy's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Independent Power Producers Industry

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

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



Fluence Energy Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(345.896+0.75 * 103.397+0.5 * 224.903-795.819
-0-153.984)/118.903
=-3.48

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

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(411.798+0.75 * 86.798+0.5 * 309.059-998.107
-0-118.662)/127.388
=-3.81

* 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.


Fluence Energy  (NAS:FLNC) 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.


Fluence Energy Net-Net Working Capital Related Terms

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Fluence Energy (Fluence Energy) Business Description

Traded in Other Exchanges
N/A
Address
4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203
Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.
Executives
Siemens Pension Trust E V 10 percent owner WITTELSBACHERPLATZ 2, MUNICH GERMANY 2M 80333
Investment Authority Qatar director, 10 percent owner P.O. BOX 23224, DOHA S3 QATAR
Michelle Philpot officer: Chief Accounting Officer KANA SOFTWARE, INC., 181 CONSTITUTION DR., MENLO PARK CA 94025
Peter Bennett Williams officer: SVP & CSCMO 2225 W. CHANDLER BLVD., CHANDLER AZ 85224
Carolee Couch officer: SVP & CSC and MC C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Rebecca Boll officer: SVP AND Chief Product Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Ricardo Manuel Falu director 4300 WILSON BLVD, ARLINGTON VA 22203
Manavendra Sial officer: SVP & Chief Financial Officer 77 RIO ROBLES, SAN JOSE CA 95134
Dennis Fehr officer: SVP & Chief Financial Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Krishna C Vanka officer: SVP & Chief Digital Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Julian Nebreda director 4300 WILSON BLVD., ARLINGTON VA 22203
Tish Mendoza director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Seyed Madaeni officer: Senior VP and CD Officer C/O FLUENCE ENERGY, INC., 4601 FAIRFAX DRIVE, SUITE 600, ARLINGTON VA 22203
Cynthia A Arnold director P O BOX 1461, MINNEAPOLIS MN 55440
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006