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EZGO Technologies (EZGO Technologies) Net Current Asset Value : $13.47 (As of Sep. 2023)


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What is EZGO Technologies 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).

EZGO Technologies's net current asset value per share for the quarter that ended in Sep. 2023 was $13.47.

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

EZGO' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.14   Med: 0.61   Max: 2.8
Current: 0.16

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of EZGO Technologies was 2.80. The lowest was 0.14. And the median was 0.61.

EZGO's Price-to-Net-Current-Asset-Value is ranked better than
99.55% of 673 companies
in the Vehicles & Parts industry
Industry Median: 4.91 vs EZGO: 0.16

EZGO Technologies Net Current Asset Value Historical Data

The historical data trend for EZGO Technologies'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.

EZGO Technologies Net Current Asset Value Chart

EZGO Technologies Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Current Asset Value
Get a 7-Day Free Trial 29.49 20.26 41.65 26.90 13.47

EZGO Technologies Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 41.65 37.77 26.90 17.68 13.47

Competitive Comparison of EZGO Technologies's Net Current Asset Value

For the Recreational Vehicles subindustry, EZGO Technologies'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.


EZGO Technologies's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EZGO Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



EZGO Technologies Net Current Asset Value Calculation

EZGO Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(A: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(52.895-15.425-3.09-0)/2.55258
=13.47

EZGO Technologies's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(52.895-15.425-3.09-0)/2.55258
=13.47

* 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.


EZGO Technologies  (NAS:EZGO) 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.


EZGO Technologies Net Current Asset Value Related Terms

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EZGO Technologies (EZGO Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Changzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs and the E-bicycle sales segment. The company generates maximum revenue from the E-bicycle segment.