GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ICG-Longbow Senior Secured UK Prop Debt Inv Ltd (LSE:LBOW) » Definitions » Net Current Asset Value

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Net Current Asset Value : £0.00 (As of Jan. 2024)


View and export this data going back to 2013. Start your Free Trial

What is ICG-Longbow Senior Secured UK Prop Debt Inv 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).

ICG-Longbow Senior Secured UK Prop Debt Inv's net current asset value per share for the quarter that ended in Jan. 2024 was £0.00.

The historical rank and industry rank for ICG-Longbow Senior Secured UK Prop Debt Inv's Net Current Asset Value or its related term are showing as below:

LSE:LBOW's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.34
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

ICG-Longbow Senior Secured UK Prop Debt Inv Net Current Asset Value Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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.

ICG-Longbow Senior Secured UK Prop Debt Inv Net Current Asset Value Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - - - -

Competitive Comparison of ICG-Longbow Senior Secured UK Prop Debt Inv's Net Current Asset Value

For the Asset Management subindustry, ICG-Longbow Senior Secured UK Prop Debt Inv'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.


ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Net-Current-Asset-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Net-Current-Asset-Value falls into.



ICG-Longbow Senior Secured UK Prop Debt Inv Net Current Asset Value Calculation

ICG-Longbow Senior Secured UK Prop Debt Inv's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(A: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-0.391-0-0)/121.303
=N/A

ICG-Longbow Senior Secured UK Prop Debt Inv's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-0.391-0-0)/121.303
=N/A

* 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.


ICG-Longbow Senior Secured UK Prop Debt Inv  (LSE:LBOW) 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.


ICG-Longbow Senior Secured UK Prop Debt Inv Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of ICG-Longbow Senior Secured UK Prop Debt Inv's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Headlines

No Headlines