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Flushing Financial (Flushing Financial) Net Current Asset Value : $0.00 (As of Dec. 2023)


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What is Flushing Financial 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).

Flushing Financial's net current asset value per share for the quarter that ended in Dec. 2023 was $0.00.

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

FFIC's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 3.93
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Flushing Financial Net Current Asset Value Historical Data

The historical data trend for Flushing Financial'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.

Flushing Financial Net Current Asset Value Chart

Flushing Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Flushing Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Flushing Financial's Net Current Asset Value

For the Banks - Regional subindustry, Flushing Financial'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.


Flushing Financial's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

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

* The bar in red indicates where Flushing Financial's Price-to-Net-Current-Asset-Value falls into.



Flushing Financial Net Current Asset Value Calculation

Flushing Financial's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-7867.399-0-0)/28.8658
=N/A

Flushing Financial's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-7867.399-0-0)/28.8658
=N/A

* 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.


Flushing Financial  (NAS:FFIC) 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.


Flushing Financial Net Current Asset Value Related Terms

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Flushing Financial (Flushing Financial) Business Description

Traded in Other Exchanges
Address
220 RXR Plaza, Uniondale, NY, USA, 11556
Flushing Financial Corp operates as a bank holding company, which is engaged in the provision of banking and financial services. The bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, equipment finance, and cash management services through its banking offices. Its principal business is attracting retail deposits from the general public and investing those deposits together with funds generated from ongoing operations and borrowings, primarily in originations and purchases of multi-family residential properties, commercial business loans, commercial real estate mortgage loans, construction loans, small business administration loans and other small business loans.
Executives
Steven J Diorio director 220 RXR PLAZA, UNIONDALE NY 11556
Maria A Grasso officer: Executive VP & COO 220 RXR PLAZA, UNIONDALE NY 11556
Louis C Grassi director 220 RXR PLAZA, UNIONDALE NY 11556
Francis W Korzekwinski officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Theresa Kelly officer: Senior Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Douglas J Mcclintock officer: SEVP 220 RXR PLAZA, UNIONDALE NY 11556
John R Buran officer: Executive Vice President & COO 220 RXR PLAZA, UNIONDALE NY 11556
Susan Cullen officer: Executive Vice President 220 RXR PLAZA, UNIONDALE NY 11556
Thomas Buonaiuto officer: Senior Executive Vice Presiden ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Douglas C Manditch director ONE SUFFOLK SQUARE, 1601 VETERANS MEMORIAL HWY, ISLANDIA NY 11749
Michael A Azarian director 220 RXR PLAZA, UNIONDALE NY 11556
Han Sam Sang Ki director 220 RXR PLAZA, UNIONDALE NY 11556
Donna M Obrien director 220 RXR PLAZA, UNIONDALE NY 11556
Roe John E Sr director 220 RXR PLAZA, UNIONDALE NY 11556
James Davison Bennett director 220 RXR PLAZA, UNIONDALE NY 11556