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Ekachai Medical Care PCL (BKK:EKH) Net Current Asset Value : ฿1.09 (As of Dec. 2023)


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What is Ekachai Medical Care PCL 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).

Ekachai Medical Care PCL's net current asset value per share for the quarter that ended in Dec. 2023 was ฿1.09.

The historical rank and industry rank for Ekachai Medical Care PCL's Net Current Asset Value or its related term are showing as below:

BKK:EKH' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.53   Med: 12.38   Max: 35.06
Current: 6.56

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ekachai Medical Care PCL was 35.06. The lowest was 6.53. And the median was 12.38.

BKK:EKH's Price-to-Net-Current-Asset-Value is ranked worse than
50.4% of 250 companies
in the Healthcare Providers & Services industry
Industry Median: 6.505 vs BKK:EKH: 6.56

Ekachai Medical Care PCL Net Current Asset Value Historical Data

The historical data trend for Ekachai Medical Care PCL'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.

Ekachai Medical Care PCL Net Current Asset Value Chart

Ekachai Medical Care PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 0.34 0.13 0.30 0.84 1.09

Ekachai Medical Care PCL 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 0.84 0.85 0.72 0.85 1.09

Competitive Comparison of Ekachai Medical Care PCL's Net Current Asset Value

For the Medical Care Facilities subindustry, Ekachai Medical Care PCL'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.


Ekachai Medical Care PCL's Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ekachai Medical Care PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Ekachai Medical Care PCL's Price-to-Net-Current-Asset-Value falls into.



Ekachai Medical Care PCL Net Current Asset Value Calculation

Ekachai Medical Care PCL'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)
=(1153.649-330.781-27.064-0)/727.945
=1.09

Ekachai Medical Care PCL'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)
=(1153.649-330.781-27.064-0)/727.945
=1.09

* 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.


Ekachai Medical Care PCL  (BKK:EKH) 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.


Ekachai Medical Care PCL Net Current Asset Value Related Terms

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Ekachai Medical Care PCL (BKK:EKH) Business Description

Traded in Other Exchanges
N/A
Address
99/9 Moo 4, Ekachai Road, Khok-kham, Muang Samut Sakorn, Samut Sakorn, THA, 74000
Ekachai Medical Care PCL operates in the hospital business and infertility center. It offers services such as plastic surgery, skin, and laser, pediatrics, obstetrics and gynecology, general surgery, orthopedics, ophthalmology, dental and other healthcare services. It provides medical services for inpatient and outpatient under the name of Ekachai Hospital. Geographically, all the activities function through Thailand and it derives revenue from hospital operations, mainly consisting of medical fees, hospital room sales, and medicine sales.

Ekachai Medical Care PCL (BKK:EKH) Headlines

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