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7GC Holdings (7GC Holdings) Net Current Asset Value : $-1.91 (As of Sep. 2023)


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What is 7GC Holdings Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

7GC Holdings's net current asset value per share for the quarter that ended in Sep. 2023 was $-1.91.

The historical rank and industry rank for 7GC Holdings's Net Current Asset Value or its related term are showing as below:

VII's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.87
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

7GC Holdings Net Current Asset Value Historical Data

The historical data trend for 7GC Holdings's Net Current Asset Value 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.

7GC Holdings Net Current Asset Value Chart

7GC Holdings Annual Data
Trend Dec20 Dec21 Dec22
Net Current Asset Value
-1.11 -0.70 -1.26

7GC Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.37 -1.26 -1.39 -3.83 -1.91

Competitive Comparison of 7GC Holdings's Net Current Asset Value

For the Shell Companies subindustry, 7GC Holdings's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


7GC Holdings's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, 7GC Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where 7GC Holdings's Price-to-Net-Current-Asset-Value falls into.



7GC Holdings Net Current Asset Value Calculation

7GC Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net Current Asset Value Per Share(A: Dec. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.022-14.714-0-0)/10.8268
=-1.26

7GC Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.485-17.858-0-0)/9.07964
=-1.91

* 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.


7GC Holdings  (NAS:VII) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. 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.

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 Working Capital. They are collected under our Net-Net screener.


7GC Holdings Net Current Asset Value Related Terms

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7GC Holdings (7GC Holdings) Business Description

Traded in Other Exchanges
N/A
Address
388 Market Street, Suite 1300, San Francisco, CA, USA, 94111
7GC & Co Holdings Inc is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Milton Joseph Beck director, 10 percent owner 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Jack Leeney director, 10 percent owner, officer: COB, CEO and President 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Thomas D Hennessy director, 10 percent owner 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Robinson Courtney A director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
7gc & Co. Holdings Llc 10 percent owner 188 KING STREET, SUITE 308, SAN FRANCISCO CA 94107
Christopher Dillon Walsh officer: CFO, COO and Secretary 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111
Patrick Eggen director 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111
Kent Schofield director 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111
Tripp Jones director 388 MARKET STREET, SUITE 1300, SAN FRANCISCO CA 94111

7GC Holdings (7GC Holdings) Headlines

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