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South Shore Holdings (South Shore Holdings) Net Current Asset Value : $-0.81 (As of Sep. 2020)


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What is South Shore Holdings 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).

South Shore Holdings's net current asset value per share for the quarter that ended in Sep. 2020 was $-0.81.

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

LOUIF's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 2.965
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

South Shore Holdings Net Current Asset Value Historical Data

The historical data trend for South Shore Holdings'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.

South Shore Holdings Net Current Asset Value Chart

South Shore Holdings Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.69 -5.99 -0.51 -0.68 -0.79

South Shore Holdings Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 -0.61 -0.68 -0.73 -0.79 -0.81

Competitive Comparison of South Shore Holdings's Net Current Asset Value

For the Engineering & Construction subindustry, South Shore Holdings'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.


South Shore Holdings's Price-to-Net-Current-Asset-Value Distribution in the Construction Industry

For the Construction industry and Industrials sector, South Shore Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where South Shore Holdings's Price-to-Net-Current-Asset-Value falls into.



South Shore Holdings Net Current Asset Value Calculation

South Shore Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2020 is calculated as

Net Current Asset Value Per Share(A: Mar. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(556.719-1323.138-28.828-0)/1012.95
=-0.79

South Shore Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2020 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(682.404-1483.558-23.415-0)/1012.95
=-0.81

* 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.


South Shore Holdings  (OTCPK:LOUIF) 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.


South Shore Holdings Net Current Asset Value Related Terms

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South Shore Holdings (South Shore Holdings) Business Description

Traded in Other Exchanges
N/A
Address
250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG
South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

South Shore Holdings (South Shore Holdings) Headlines

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