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Carlos Casado (BUE:CADO) Net Current Asset Value : ARS-21.22 (As of Mar. 2024)


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What is Carlos Casado 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).

Carlos Casado's net current asset value per share for the quarter that ended in Mar. 2024 was ARS-21.22.

The historical rank and industry rank for Carlos Casado'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 Carlos Casado was 105.88. The lowest was 4.04. And the median was 13.96.

BUE:CADO's Price-to-Net-Current-Asset-Value is not ranked *
in the Conglomerates industry.
Industry Median: 3.79
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Carlos Casado Net Current Asset Value Historical Data

The historical data trend for Carlos Casado'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.

Carlos Casado Net Current Asset Value Chart

Carlos Casado Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun20 Jun21 Jun22 Jun23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 -0.36 -0.45 -7.01 -3.40

Carlos Casado Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.45 -3.40 -6.75 -15.03 -21.22

Competitive Comparison of Carlos Casado's Net Current Asset Value

For the Conglomerates subindustry, Carlos Casado'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.


Carlos Casado's Price-to-Net-Current-Asset-Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Carlos Casado's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Carlos Casado Net Current Asset Value Calculation

Carlos Casado's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1819.809-2239.101-0-0)/123.2
=-3.40

Carlos Casado's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5027.949-7642.734-0-0)/123.2
=-21.22

* 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.


Carlos Casado  (BUE:CADO) 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.


Carlos Casado Net Current Asset Value Related Terms

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Carlos Casado (BUE:CADO) Business Description

Traded in Other Exchanges
N/A
Address
Building Torre Alem Plaza, 15th Floor, Avda. Leandro N Alem 855, Buenos Aires, ARG, CP1001
Carlos Casado SA is an agricultural company in Latin America. The company has diversified its operations into three segments, being Transformation of Land, Agriculture, and Livestock. Transformation of Land segment focuses on acquisition and management of land properties. Agricultural activities focus on the dry production of soybean and corn in a balanced rotation to conserve the potential of the soil. Livestock activities include animal feeding operation.

Carlos Casado (BUE:CADO) Headlines

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