What is Golden Sun Health Technology Group 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).
The historical rank and industry rank for Golden Sun Health Technology Group's Net Current Asset Value or its related term are showing as below:
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Golden Sun Health Technology Group was 67.44. The lowest was 67.44. And the median was 67.44.
GSUN's Price-to-Net-Current-Asset-Value is not ranked *
in the Education industry.
Industry Median: 4.48 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Golden Sun Health Technology Group Net Current Asset Value Historical Data
* 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.
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Golden Sun Health Technology Group Net Current Asset Value Chart
Golden Sun Health Technology Group Annual Data
Trend
Sep19
Sep20
Sep21
Sep22
Sep23
Net Current Asset Value
-9.69
-11.16
-4.98
4.07
-1.55
Golden Sun Health Technology Group Semi-Annual Data
Competitive Comparison of Golden Sun Health Technology Group's Net Current Asset Value
For the Education & Training Services subindustry, Golden Sun Health Technology Group'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.
Golden Sun Health Technology Group's Price-to-Net-Current-Asset-Value Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Golden Sun Health Technology Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Golden Sun Health Technology Group's Price-to-Net-Current-Asset-Value falls into.
Golden Sun Health Technology Group Net Current Asset Value Calculation
Golden Sun Health Technology Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Golden Sun Health Technology Group (NAS:GSUN) 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 Grahams 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.
Golden Sun Health Technology Group Net Current Asset Value Related Terms
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Golden Sun Health Technology Group (Golden Sun Health Technology Group) Business Description
Golden Sun Education Group Ltd is engaged in the provision of education and management services in the People's Republic of China. The company offers private school educational services and foreign language tutorial services and other education training management services. The firm operates four tutorial centers; Yangfushan Tutorial offers a Gaokao repeater tutorial program to high school students who retake Gaokao, Hongkou Tutorial offers various English and other foreign language tutorial programs, Jicai Tutorial offers non-English foreign language tutorial programs to individual students, companies, and other organizations and Zhouzhi Tutorial offers non-English foreign language tutorial programs to individual students, companies and other organizations.
Golden Sun Health Technology Group (Golden Sun Health Technology Group) Headlines
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