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Iqzan Holding Bhd (XKLS:7183) Net Current Asset Value : RM-0.18 (As of Dec. 2023)


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What is Iqzan Holding Bhd 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).

Iqzan Holding Bhd's net current asset value per share for the quarter that ended in Dec. 2023 was RM-0.18.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Iqzan Holding Bhd was 18.50. The lowest was 1.80. And the median was 6.94.

XKLS:7183's Price-to-Net-Current-Asset-Value is not ranked *
in the Conglomerates industry.
Industry Median: 3.84
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Iqzan Holding Bhd Net Current Asset Value Historical Data

The historical data trend for Iqzan Holding Bhd'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.

Iqzan Holding Bhd Net Current Asset Value Chart

Iqzan Holding Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.08 -0.19 -0.25 -0.25

Iqzan Holding Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.23 -0.25 -0.13 -0.25 -0.18

Competitive Comparison of Iqzan Holding Bhd's Net Current Asset Value

For the Conglomerates subindustry, Iqzan Holding Bhd'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.


Iqzan Holding Bhd's Price-to-Net-Current-Asset-Value Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Iqzan Holding Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Iqzan Holding Bhd's Price-to-Net-Current-Asset-Value falls into.



Iqzan Holding Bhd Net Current Asset Value Calculation

Iqzan Holding Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.041-48.835-4.481-11.321)/221.84
=-0.25

Iqzan Holding Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(10.838-33.817-4.753-11.321)/221.840
=-0.18

* 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.


Iqzan Holding Bhd  (XKLS:7183) 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.


Iqzan Holding Bhd Net Current Asset Value Related Terms

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Iqzan Holding Bhd (XKLS:7183) Business Description

Traded in Other Exchanges
N/A
Address
Plot 49 and 63, Lorong Perusahaan 2B, Kulim Industrial Estate, Kulim, KDH, MYS, 09000
Iqzan Holding Bhd is a Malaysian-based firm. It operates in four segments: Manufacturing of wooden crates, pallets, and other related wood products; Trading of value, fittings, and machinery, steel, stainless aluminum, equipment, components, sanitary for the food beverage industry, raw materials, computers, finished goods, wooden crates and pallets, and sale and marketing of agricultural waste related products; Investment holding and provision of management services; and Others that include services of calibration and testing of equipment and general products. It generates a vast majority of its revenues from the Manufacturing segment. Geographically, the company operates in Malaysia, Thailand, and Indonesia; with the majority of revenue coming from Malaysia.

Iqzan Holding Bhd (XKLS:7183) Headlines

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