GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SilverCrest Mines Inc (AMEX:SVLC) » Definitions » Net Current Asset Value

SilverCrest Mines (SilverCrest Mines) Net Current Asset Value : $0.15 (As of Jun. 2015)


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

What is SilverCrest Mines 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).

SilverCrest Mines's net current asset value per share for the quarter that ended in Jun. 2015 was $0.15.

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

SVLC's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 5
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

SilverCrest Mines Net Current Asset Value Historical Data

The historical data trend for SilverCrest Mines'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.

SilverCrest Mines Net Current Asset Value Chart

SilverCrest Mines 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 -0.70 -0.07 0.41 0.07 0.07

SilverCrest Mines Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.10 0.08 0.07 0.11 0.15

Competitive Comparison of SilverCrest Mines's Net Current Asset Value

For the Gold subindustry, SilverCrest Mines'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.


SilverCrest Mines's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SilverCrest Mines's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



SilverCrest Mines Net Current Asset Value Calculation

SilverCrest Mines'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)
=(48.164-39.543-0-0)/118.753
=0.07

SilverCrest Mines's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2015 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(58.716-40.868-0-0)/118.753
=0.15

* 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.


SilverCrest Mines  (AMEX:SVLC) 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.


SilverCrest Mines Net Current Asset Value Related Terms

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


SilverCrest Mines (SilverCrest Mines) Business Description

Traded in Other Exchanges
N/A
Address
SilverCrest Mines Inc was incorporated on May 22, 1973 under the laws of Ontario as Equitable Mines Limited and changed its name to Magic Foods Inc. on July 24, 1985. The Company was continued on May 15, 1998 under the laws of British Columbia as "Lucre Ventures Ltd. The name of the Company was changed to "Strathclair Ventures Ltd." on September 5, 2001 and to "SilverCrest Mines Inc." on May 23, 2003. The Company is a Canadian precious metals producer with a silver and gold asset base and an operating mine located in Mexico. The Company's principal property is the 100% owned Santa Elena Project, which includes the Santa Elena Mine, located 150 kilometres northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The Santa Elena Mine is a high-grade, epithermal silver and gold deposit that is currently being operated as an open pit heap leach operation. The Company's other principal property is the La Joya Property in Durango state, Mexico which contains a large polymetallic deposit that is being explored with the aim of developing silver, copper, gold and tungsten resources. The Company also has a portfolio of other mineral properties, which comprise of the Cruz de Mayo Project (Mexico), the Ermitano Property (Mexico), the Silver Angel Project (Mexico) and the El Zapote Project (El Salvador).

SilverCrest Mines (SilverCrest Mines) Headlines

No Headlines