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Alliance Growers (XCNQ:ACG) Net Current Asset Value : C$0.00 (As of May. 2019)


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What is Alliance Growers 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).

Alliance Growers's net current asset value per share for the quarter that ended in May. 2019 was C$0.00.

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

XCNQ:ACG's Price-to-Net-Current-Asset-Value is not ranked *
in the Drug Manufacturers industry.
Industry Median: 5.1
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Alliance Growers Net Current Asset Value Historical Data

The historical data trend for Alliance Growers'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.

Alliance Growers Net Current Asset Value Chart

Alliance Growers Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Net Current Asset Value
0.05 - - - -

Alliance Growers Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 0.01 - - - -

Competitive Comparison of Alliance Growers's Net Current Asset Value

For the Drug Manufacturers - Specialty & Generic subindustry, Alliance Growers'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.


Alliance Growers's Price-to-Net-Current-Asset-Value Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alliance Growers's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Alliance Growers Net Current Asset Value Calculation

Alliance Growers's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2018 is calculated as

Net Current Asset Value Per Share(A: Aug. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.635-0.379-0-0)/68.6859
=0.00

Alliance Growers's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2019 is calculated as

Net Current Asset Value Per Share(Q: May. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.277-0.413-0-0)/85.6009
=-0.00

* 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.


Alliance Growers  (XCNQ:ACG) 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.


Alliance Growers Net Current Asset Value Related Terms

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Alliance Growers (XCNQ:ACG) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.
Executives
Ian Davidson Lambert Director

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