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BTQ Technologies (BTQ Technologies) Net Current Asset Value : $0.03 (As of Sep. 2023)


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What is BTQ Technologies 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).

BTQ Technologies's net current asset value per share for the quarter that ended in Sep. 2023 was $0.03.

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

BTQQF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8   Med: 12   Max: 13.5
Current: 11.09

During the past 2 years, the highest Price-to-Net-Current-Asset-Value Ratio of BTQ Technologies was 13.50. The lowest was 8.00. And the median was 12.00.

BTQQF's Price-to-Net-Current-Asset-Value is ranked worse than
71.09% of 1688 companies
in the Software industry
Industry Median: 5.25 vs BTQQF: 11.09

BTQ Technologies Net Current Asset Value Historical Data

The historical data trend for BTQ Technologies'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.

BTQ Technologies Net Current Asset Value Chart

BTQ Technologies Annual Data
Trend Dec21 Jan22
Net Current Asset Value
- -

BTQ Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Jan23 Jun23 Sep23
Net Current Asset Value Get a 7-Day Free Trial - 0.03 0.04 0.04 0.03

Competitive Comparison of BTQ Technologies's Net Current Asset Value

For the Software - Infrastructure subindustry, BTQ Technologies'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.


BTQ Technologies's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, BTQ Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



BTQ Technologies Net Current Asset Value Calculation

BTQ Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2022 is calculated as

Net Current Asset Value Per Share(A: Jan. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.214-0.024-0-0)/121.249
=0.00

BTQ Technologies's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4.065-0.394-0-0)/123.071
=0.03

* 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.


BTQ Technologies  (OTCPK:BTQQF) 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.


BTQ Technologies Net Current Asset Value Related Terms

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BTQ Technologies (BTQ Technologies) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.