GURUFOCUS.COM » STOCK LIST » Technology » Software » International Money Express Inc (NAS:IMXI) » Definitions » Net Current Asset Value

International Money Express (International Money Express) Net Current Asset Value : $-0.26 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is International Money Express 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).

International Money Express's net current asset value per share for the quarter that ended in Mar. 2024 was $-0.26.

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

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of International Money Express was 147.27. The lowest was 9.28. And the median was 22.48.

IMXI's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.295
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

International Money Express Net Current Asset Value Historical Data

The historical data trend for International Money Express'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.

International Money Express Net Current Asset Value Chart

International Money Express Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only -0.61 0.56 1.72 0.55 0.15

International Money Express Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.81 0.38 0.58 0.15 -0.26

Competitive Comparison of International Money Express's Net Current Asset Value

For the Software - Infrastructure subindustry, International Money Express'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.


International Money Express's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, International Money Express's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where International Money Express's Price-to-Net-Current-Asset-Value falls into.



International Money Express Net Current Asset Value Calculation

International Money Express'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)
=(432.874-427.775-0-0)/33.8232
=0.15

International Money Express's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(401.75-410.474-0-0)/33.0359
=-0.26

* 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.


International Money Express  (NAS:IMXI) 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.


International Money Express Net Current Asset Value Related Terms

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


International Money Express (International Money Express) Business Description

Traded in Other Exchanges
N/A
Address
9480 South Dixie Highway, Miami, FL, USA, 33156
International Money Express Inc is a processor of money transfer services in the USA to the Latin America corridor (LAC). The company offers services in approximately 50 states and Latin American countries. Computer and telephone-based options are available for convenient wire transfers. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services primarily between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia.
Executives
Robert Lisy director, officer: CEO, President and Chairman INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Christopher D. Hunt officer: Chief Operating Officer 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
John Rincon director INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Adam P Godfrey director, 10 percent owner, other: Member of 10% Owner Group ATTN.: PAUL KARDISH, 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Justin B Wender director, 10 percent owner, other: Member of 10 % Onwer Group 150 EAST 58TH STREET, NEW YORK NY 10155
Joseph Aguilar officer: Chief Operating Officer 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Andras Quinn Bende officer: Chief Financial Officer 9481 S DIXIE HIGHWAY, MIAMI FL 33156
Ernesto Luciano officer: General Counsel, CLO & Sec 9480 S DIXIE HIGHWAY, MIAMI FL 33156
Fernandez Bernardo B. Jr. director 9480 S DIXIE HIGHWAY, MIAMI FL 33156
Debra A Bradford director
Michael J. Purcell director C/O PATRIOT NATIONAL, INC., 401 E. LAS OLAS BLVD., SUITE 1650, FORT LAUDERDALE FL 33301
Laura I Maydon director 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Jose Perez-villarreal officer: CAO & Chief Compliance Officer INTERNATIONAL MONEY EXPRESS, INC., 9480 S. DIXIE HIGHWAY, MIAMI FL 33156
Stella Point Capital Llc 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022
Spc Intermex Representative Llc 10 percent owner, other: Member of 10% Owner Group 444 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10022