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Remark Holdings (Remark Holdings) Net Current Asset Value

: $-1.83 (As of Dec. 2023)
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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).

Remark Holdings's net current asset value per share for the quarter that ended in Dec. 2023 was $-1.83.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Remark Holdings was 3.47. The lowest was 3.47. And the median was 3.47.

MARK's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.085
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Remark Holdings Net Current Asset Value Historical Data

The historical data trend for Remark 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.

Remark Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.99 -1.17 2.86 -1.96 -1.83

Remark Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value 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 Premium Member Only Premium Member Only Premium Member Only -1.96 -2.04 -1.86 -1.77 -1.83

Competitive Comparison

For the Software - Infrastructure subindustry, Remark 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.


Remark Holdings Price-to-Net-Current-Asset-Value Distribution

For the Software industry and Technology sector, Remark Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Remark Holdings Net Current Asset Value Calculation

Remark Holdings'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)
=(9.44-49.826-0-0)/22.0389
=-1.83

Remark Holdings'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)
=(9.44-49.826-0-0)/22.0389
=-1.83

* 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.


Remark Holdings  (OTCPK:MARK) 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.


Remark Holdings Net Current Asset Value Related Terms

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Remark Holdings (Remark Holdings) Business Description

Traded in Other Exchanges
Address
800 S Commerce Street, Las Vegas, NV, USA, 89106
Remark Holdings Inc delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a range of applications within the retail, financial, public safety, and workplace arenas. The company also owns and operates digital media properties that deliver relevant content and e-commerce solutions.
Executives
Theodore P Botts director C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
Ling Elizabeth Xu director 3960 HOWARD HUGHES PKWY, SUITE 900, LAS VEGAS NV 89169
Ernest T. Lee 10 percent owner 3271 SOUTH HIGHLAND DRIVE, #704, LAS VEGAS NV 89109
Alison Davidson officer: Interim CFO C/O REMARK HOLDINGS, INC., 3960 HOWARD HUGHES PARKWAY, SUITE 900, LAS VEGAS NV 89169
Douglas Osrow officer: Chief Financial Officer FIVE CONCOURSE PKWY, SUITE 2400, ATLANTA GA 30328
Brett Ratner director C/O REMARK MEDIA, INC., 3960 HOWARD HUGHES PARKWAY, SUITE 900, LAS VEGAS NV 89169
Daniel J. Stein director C/O REMARK MEDIA, INC., 3960 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Jason E. Strauss director C/O REMARK MEDIA, INC., 3930 HOWARD HUGHES PARKWAY, SUITE 400, LAS VEGAS NV 89169
William Warwick Grounds director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Robert G Goldstein director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kai-shing Tao director, 10 percent owner, officer: Chairman and CEO C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
Howstuffworks, Llc 10 percent owner ONE CAPITAL CITY PLAZA, 3350 PEACHTREE ROAD, SUITE 1500, ATLANTA GA 30326
Digipac, Llc 10 percent owner ONE HUGHES CENTER DRIVE, UNIT 1601, LAS VEGAS NV 89169
Bradley T. Zimmer officer: Chief Operating Officer and Ge SIX CONCOURSE PARKWAY, SUITE 1500, ATLANTA GA 30328
Carrie Ferman officer: Chief Executive Officer SIX CONCOURSE PARKWAY, SUITE 1500, ATLANTA GA 30328

Remark Holdings (Remark Holdings) Headlines

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