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Farmers National Banc (Farmers National Banc) Net Current Asset Value : $0.00 (As of Dec. 2023)


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What is Farmers National Banc 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).

Farmers National Banc's net current asset value per share for the quarter that ended in Dec. 2023 was $0.00.

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

FMNB's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 3.93
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Farmers National Banc Net Current Asset Value Historical Data

The historical data trend for Farmers National Banc'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.

Farmers National Banc Net Current Asset Value Chart

Farmers National Banc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Farmers National Banc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Farmers National Banc's Net Current Asset Value

For the Banks - Regional subindustry, Farmers National Banc'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.


Farmers National Banc's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers National Banc's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Farmers National Banc's Price-to-Net-Current-Asset-Value falls into.



Farmers National Banc Net Current Asset Value Calculation

Farmers National Banc's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-4673.935-0-0)/37.5028
=N/A

Farmers National Banc'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)
=(N/A-4673.935-0-0)/37.5028
=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.


Farmers National Banc  (NAS:FMNB) 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.


Farmers National Banc Net Current Asset Value Related Terms

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Farmers National Banc (Farmers National Banc) Business Description

Traded in Other Exchanges
N/A
Address
20 South Broad Street, Canfield, OH, USA, 44406
Farmers National Banc Corp is a one-bank holding company engaged in financial activities, including securities underwriting and dealing, insurance agency and underwriting activities, and merchant banking activities. It operates in the domestic banking, trust, retirement consulting, insurance, and financial management industries. The company has two operating segments of business; the Bank segment, and the Trust segment, out of which the majority of its revenue is derived from the bank segment.
Executives
Mark J Wenick officer: Chief Wealth Management Office 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Gina A Richardson director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Andre Thornton director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Joseph W Sabat officer: VP/Controller 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Ralph D Macali director
Gregory C Bestic director 5415 WOODLAND PL, CANFIELD OH 44406
Edward Muransky director 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Neil J Kaback director
Kevin J Helmick officer: VP/Retail Sales 20 SOUTH BROAD ST., PO BOX 555, CANFIELD OH 44406
Mark A Nicastro officer: VP/Director of Human Resources 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Amber B Wallace officer: Sr VP/Director of Marketing 20 SOUTH BROAD STREET, PO BOX 555, CANFIELD OH 44406
Timothy Carney officer: SEVP/Chief Banking Officer 194 WEST MAIN STREET, CORTLAND OH 44410
Nicholas D Varischetti director FOUR NORTHSHORE CENTER, 106 ISABELLA STREET, PITTSBURGH PA 15212
Michael E Matuszak officer: EVP/Chief Operating Officer 20 S BROAD STREET, PO BOX 555, CANFIELD OH 44406
Anne Frederick Crawford director 530 STONEYBROOK LN, CANFIELD OH 44406

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