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Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Net Current Asset Value : $-1.08 (As of Dec. 2023)


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What is Sociedad Quimica Y Minera De Chile 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).

Sociedad Quimica Y Minera De Chile's net current asset value per share for the quarter that ended in Dec. 2023 was $-1.08.

The historical rank and industry rank for Sociedad Quimica Y Minera De Chile'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 Sociedad Quimica Y Minera De Chile was 83.64. The lowest was 12.50. And the median was 33.87.

SQM's Price-to-Net-Current-Asset-Value is not ranked *
in the Chemicals industry.
Industry Median: 5.1
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Sociedad Quimica Y Minera De Chile Net Current Asset Value Historical Data

The historical data trend for Sociedad Quimica Y Minera De Chile'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.

Sociedad Quimica Y Minera De Chile Net Current Asset Value Chart

Sociedad Quimica Y Minera De Chile 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 0.32 -0.48 2.06 3.74 -1.08

Sociedad Quimica Y Minera De Chile 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 3.74 4.50 1.86 1.78 -1.08

Competitive Comparison of Sociedad Quimica Y Minera De Chile's Net Current Asset Value

For the Specialty Chemicals subindustry, Sociedad Quimica Y Minera De Chile'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.


Sociedad Quimica Y Minera De Chile's Price-to-Net-Current-Asset-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sociedad Quimica Y Minera De Chile's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Sociedad Quimica Y Minera De Chile's Price-to-Net-Current-Asset-Value falls into.



Sociedad Quimica Y Minera De Chile Net Current Asset Value Calculation

Sociedad Quimica Y Minera De Chile'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)
=(5866.141-6138.665-36.23-0)/285.638
=-1.08

Sociedad Quimica Y Minera De Chile'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)
=(5866.141-6138.665-36.23-0)/285.638
=-1.08

* 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.


Sociedad Quimica Y Minera De Chile  (NYSE:SQM) 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.


Sociedad Quimica Y Minera De Chile Net Current Asset Value Related Terms

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Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Business Description

Traded in Other Exchanges
Address
El Trovador 4285, 6th Floor, Las Condes, Santiago, CHL
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
Executives
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111

Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Headlines