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American International Industries (American International Industries) Net Current Asset Value : $2.06 (As of Sep. 2015)


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What is American International Industries 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).

American International Industries's net current asset value per share for the quarter that ended in Sep. 2015 was $2.06.

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

AMIN's Price-to-Net-Current-Asset-Value is not ranked *
in the Conglomerates industry.
Industry Median: 3.73
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

American International Industries Net Current Asset Value Historical Data

The historical data trend for American International Industries'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.

American International Industries Net Current Asset Value Chart

American International Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.45 4.57 5.47 3.08 2.42

American International Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 2.42 2.30 2.19 2.06

Competitive Comparison of American International Industries's Net Current Asset Value

For the Conglomerates subindustry, American International Industries'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.


American International Industries's Price-to-Net-Current-Asset-Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, American International Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where American International Industries's Price-to-Net-Current-Asset-Value falls into.



American International Industries Net Current Asset Value Calculation

American International Industries's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2014 is calculated as

Net Current Asset Value Per Share(A: Dec. 2014 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(11.238-5.406--0.01-0)/2.41895
=2.42

American International Industries's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2015 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(7.071-2.592--0.083-0)/2.21842
=2.06

* 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.


American International Industries  (OTCPK:AMIN) 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.


American International Industries Net Current Asset Value Related Terms

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American International Industries (American International Industries) Business Description

Traded in Other Exchanges
N/A
Address
601 Cien Street, Suite 235, Kemah, TX, USA, 77565-3077
American International Industries Inc operates as a diversified holding company. The company has interests in industrial, oil and gas, oilfield supply and service companies, and interests in an undeveloped real estate in the Galveston Bay, Texas area. American International serves both as a financial and professional business savvy partner for its subsidiaries. The company has the following reporting segments - American International Holdings Corp, American International Texas Properties Inc, Brenham Oil, and Gas.
Executives
Daniel Dror officer: Chairman & CEO 601 HANSON RD, KEMAH TX 77565-2701
Sherry Lynne Couturier officer: CFO 601 CIEN STREET, STE. 235, KEMAH TX 77565
Craft Thomas J Jr director 11000 PROSPERITY FARMS ROAD, SUITE 101, PALM BEACH GARDENS FL 33401
Steven M Plumb director 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Stump John W Iii other: Former Director 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Gary D Woerz other: Former CFO 601 CIEN RD, SUITE 235, KEMAH TX 77565