GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Good Shroom Co Inc (OTCPK:TGSHF) » Definitions » Net Current Asset Value

The Good Shroom Co (The Good Shroom Co) Net Current Asset Value : $0.01 (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is The Good Shroom Co 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 Good Shroom Co's net current asset value per share for the quarter that ended in Jan. 2024 was $0.01.

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

TGSHF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.5   Med: 14   Max: 17.5
Current: 9.96

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of The Good Shroom Co was 17.50. The lowest was 2.50. And the median was 14.00.

TGSHF's Price-to-Net-Current-Asset-Value is ranked worse than
64.81% of 54 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 7.04 vs TGSHF: 9.96

The Good Shroom Co Net Current Asset Value Historical Data

The historical data trend for The Good Shroom Co'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.

The Good Shroom Co Net Current Asset Value Chart

The Good Shroom Co Annual Data
Trend Jul21 Jul22 Jul23
Net Current Asset Value
0.03 0.01 0.01

The Good Shroom Co Quarterly Data
Mar20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of The Good Shroom Co's Net Current Asset Value

For the Beverages - Non-Alcoholic subindustry, The Good Shroom Co'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.


The Good Shroom Co's Price-to-Net-Current-Asset-Value Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, The Good Shroom Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where The Good Shroom Co's Price-to-Net-Current-Asset-Value falls into.



The Good Shroom Co Net Current Asset Value Calculation

The Good Shroom Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2023 is calculated as

Net Current Asset Value Per Share(A: Jul. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.048-0.746-0-0)/50.4747
=0.01

The Good Shroom Co'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)
=(1.231-0.811-0-0)/50.4747
=0.01

* 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.


The Good Shroom Co  (OTCPK:TGSHF) 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.


The Good Shroom Co Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of The Good Shroom Co's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


The Good Shroom Co (The Good Shroom Co) Business Description

Comparable Companies
Traded in Other Exchanges
Address
324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5
The Good Shroom Co Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The Teo Nan brand is a functional mushroom beverage range serving the American and Canadian wellness market via DTC and retail; The Nordique Royale is a premium quality hash; and The Velada brand is a range of CBD-infused functional mushroom beverages serving the Canadian legal cannabis market.

The Good Shroom Co (The Good Shroom Co) Headlines

No Headlines