GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Schibsted ASA (OTCPK:SBSNY) » Definitions » Net Current Asset Value

Schibsted ASA (Schibsted ASA) Net Current Asset Value : $-4.33 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Schibsted ASA 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).

Schibsted ASA's net current asset value per share for the quarter that ended in Dec. 2023 was $-4.33.

The historical rank and industry rank for Schibsted ASA'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 Schibsted ASA was 247.50. The lowest was 247.50. And the median was 247.50.

SBSNY's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 3.39
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Schibsted ASA Net Current Asset Value Historical Data

The historical data trend for Schibsted ASA'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.

Schibsted ASA Net Current Asset Value Chart

Schibsted ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.09 0.17 -5.20 -4.03 -4.33

Schibsted ASA 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 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 -4.03 -4.12 -4.47 -4.10 -4.33

Competitive Comparison of Schibsted ASA's Net Current Asset Value

For the Publishing subindustry, Schibsted ASA'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.


Schibsted ASA's Price-to-Net-Current-Asset-Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Schibsted ASA's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Schibsted ASA Net Current Asset Value Calculation

Schibsted ASA'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)
=(347.603-1309.174-13.46-0)/225.217
=-4.33

Schibsted ASA'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)
=(347.603-1309.174-13.46-0)/225.217
=-4.33

* 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.


Schibsted ASA  (OTCPK:SBSNY) 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.


Schibsted ASA Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Schibsted ASA's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Schibsted ASA (Schibsted ASA) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (Schibsted ASA) Headlines

From GuruFocus

David Herro Comments on Schibsted

By Sydnee Gatewood 07-12-2022