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Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) Net Current Asset Value : $0.52 (As of Dec. 2023)


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What is Blue Hat Interactive Entertainment Technology 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).

Blue Hat Interactive Entertainment Technology's net current asset value per share for the quarter that ended in Dec. 2023 was $0.52.

The historical rank and industry rank for Blue Hat Interactive Entertainment Technology's Net Current Asset Value or its related term are showing as below:

BHAT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.01   Med: 2.2   Max: 61.8
Current: 2.08

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Blue Hat Interactive Entertainment Technology was 61.80. The lowest was 1.01. And the median was 2.20.

BHAT's Price-to-Net-Current-Asset-Value is ranked better than
74.93% of 371 companies
in the Interactive Media industry
Industry Median: 4.05 vs BHAT: 2.08

Blue Hat Interactive Entertainment Technology Net Current Asset Value Historical Data

The historical data trend for Blue Hat Interactive Entertainment Technology'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.

Blue Hat Interactive Entertainment Technology Net Current Asset Value Chart

Blue Hat Interactive Entertainment Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial 8.15 8.78 0.07 -0.06 0.52

Blue Hat Interactive Entertainment Technology Quarterly Data
Sep17 Dec17 Jun18 Sep18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 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 0.07 -0.41 -0.06 0.02 0.52

Competitive Comparison of Blue Hat Interactive Entertainment Technology's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Blue Hat Interactive Entertainment Technology'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.


Blue Hat Interactive Entertainment Technology's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Blue Hat Interactive Entertainment Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Blue Hat Interactive Entertainment Technology's Price-to-Net-Current-Asset-Value falls into.



Blue Hat Interactive Entertainment Technology Net Current Asset Value Calculation

Blue Hat Interactive Entertainment Technology'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)
=(39.282-8.641-0-0)/58.3983
=0.52

Blue Hat Interactive Entertainment Technology'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)
=(39.282-8.641-0-0)/58.3983
=0.52

* 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.


Blue Hat Interactive Entertainment Technology  (NAS:BHAT) 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.


Blue Hat Interactive Entertainment Technology Net Current Asset Value Related Terms

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Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) Business Description

Traded in Other Exchanges
Address
No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009
Blue Hat Interactive Entertainment Technology is a producer, developer, and operator of augmented reality (AR) interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The company's products include AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends Bouncing Bubble, and Immersive Education Classes. The company reports in the following segments: Interactive toys - animation series, Interactive toys - game series, and Mobile games, Information services, and Communication services, out of which the majority of the revenue is generated from the game series. The majority of its revenues are generated in China.