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Arctos NorthStar Acquisition (Arctos NorthStar Acquisition) Net Current Asset Value : $-0.36 (As of Sep. 2022)


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What is Arctos NorthStar Acquisition 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).

Arctos NorthStar Acquisition's net current asset value per share for the quarter that ended in Sep. 2022 was $-0.36.

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

ANAC's Price-to-Net-Current-Asset-Value is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.8
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Arctos NorthStar Acquisition Net Current Asset Value Historical Data

The historical data trend for Arctos NorthStar Acquisition'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.

Arctos NorthStar Acquisition Net Current Asset Value Chart

Arctos NorthStar Acquisition Annual Data
Trend Dec20 Dec21
Net Current Asset Value
- -0.63

Arctos NorthStar Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Current Asset Value Get a 7-Day Free Trial -0.63 -0.63 -0.44 -0.37 -0.36

Competitive Comparison of Arctos NorthStar Acquisition's Net Current Asset Value

For the Shell Companies subindustry, Arctos NorthStar Acquisition'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.


Arctos NorthStar Acquisition's Price-to-Net-Current-Asset-Value Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Arctos NorthStar Acquisition's Price-to-Net-Current-Asset-Value falls into.



Arctos NorthStar Acquisition Net Current Asset Value Calculation

Arctos NorthStar Acquisition's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.48-25.5-0-0)/39.5312
=-0.63

Arctos NorthStar Acquisition's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2022 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.378-14.479-0-0)/39.5312
=-0.36

* 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.


Arctos NorthStar Acquisition  (NYSE:ANAC) 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.


Arctos NorthStar Acquisition Net Current Asset Value Related Terms

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Arctos NorthStar Acquisition (Arctos NorthStar Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2021 McKinney Avenue, Suite 200, Dallas, TX, USA, 75201
Arctos NorthStar Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Tomago Collins director 18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Jared T Smith director C/O CAUSEWAY MEDIA PARTNERS, 44 BRATTLE, CAMBRIDGE MA 02138
Xavier A Gutierrez director 9550 FIRESTONE BOULEVARD, SUITE 105, DOWNEY CA 90241
Arctos Northstar Acquisition Holdings, Llc 10 percent owner 2021 MCKINNEY AVENUE, SUITE 200, DALLAS TX 75201
Theo Nathaniel Epstein director, officer: See Remarks C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
Meredith Lazo Mcpherron director C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
Ian Hunter Charles director, 10 percent owner C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
John Barney Vedro officer: Chief Financial Officer C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201
David Justin Oconnor director, 10 percent owner, officer: See Remarks C/O ARCTOS NORTHSTAR ACQUISITION CORP., 2021 MCKINNEY AVENUE, #200, DALLAS TX 75201

Arctos NorthStar Acquisition (Arctos NorthStar Acquisition) Headlines