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Manhattan Bridge Capital (Manhattan Bridge Capital) Net Current Asset Value : $0.00 (As of Mar. 2024)


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What is Manhattan Bridge Capital 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).

Manhattan Bridge Capital's net current asset value per share for the quarter that ended in Mar. 2024 was $0.00.

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

LOAN's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.36
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Manhattan Bridge Capital Net Current Asset Value Historical Data

The historical data trend for Manhattan Bridge Capital'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.

Manhattan Bridge Capital Net Current Asset Value Chart

Manhattan Bridge Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Manhattan Bridge Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Manhattan Bridge Capital's Net Current Asset Value

For the REIT - Mortgage subindustry, Manhattan Bridge Capital'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.


Manhattan Bridge Capital's Price-to-Net-Current-Asset-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Manhattan Bridge Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Manhattan Bridge Capital's Price-to-Net-Current-Asset-Value falls into.



Manhattan Bridge Capital Net Current Asset Value Calculation

Manhattan Bridge Capital'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-33.502-0-0)/11.4406
=N/A

Manhattan Bridge Capital's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-31.738-0-0)/11.439
=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.


Manhattan Bridge Capital  (NAS:LOAN) 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.


Manhattan Bridge Capital Net Current Asset Value Related Terms

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Manhattan Bridge Capital (Manhattan Bridge Capital) Business Description

Traded in Other Exchanges
N/A
Address
60 Cutter Mill Road, Suite 205, Great Neck, NY, USA, 11021
Manhattan Bridge Capital Inc is a real estate finance company taxed as a REIT that specializes in originating, servicing and managing a portfolio of first mortgage loans. The company offers short-term, secured, non-banking loans which may renew or extend, before or after their initial term expires, to real estate investors to fund their acquisition, renovation, rehabilitation or development of residential or commercial properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida.
Executives
Assaf Ran director, 10 percent owner, officer: President & CEO C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Michael Jackson director AGENCY.COM, 20 EXCHANGE PL, NEW YORK NY 10005
Lyron L Bentovim director 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Vanessa Kao officer: CFO C/O MANHATTAN BRIDGE CAPITAL, INC., 60 CUTTER MILL ROAD, GREAT NECK NY 11021
Eran Goldshmid director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Phillip Michals director C/O DAG MEDIA INC, 125-10 QUEENS BOULEVARD, KEN GARDENS NY 11415
Inbar Evron-yogev officer: Chief Financial Officer 792 COLUMBUS AVENUE, NEW YORK NY 10025
Mark Alhadeff director 520 EAST 11TH STREET, NEW YORK NY 10009
Yael Shimor Golan director, officer: CFO 247 W 57TH ST, NEW YORK NY 10019
Hummingbird Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: See footnote 1. 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Stephen A Zelnick director

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