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Surgical Science Sweden AB (OSTO:SUS) Net Current Asset Value : kr12.42 (As of Dec. 2023)


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What is Surgical Science Sweden AB 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).

Surgical Science Sweden AB's net current asset value per share for the quarter that ended in Dec. 2023 was kr12.42.

The historical rank and industry rank for Surgical Science Sweden AB's Net Current Asset Value or its related term are showing as below:

OSTO:SUS' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.82   Med: 20.26   Max: 63.83
Current: 12.49

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Surgical Science Sweden AB was 63.83. The lowest was 8.82. And the median was 20.26.

OSTO:SUS's Price-to-Net-Current-Asset-Value is ranked worse than
72.66% of 256 companies
in the Healthcare Providers & Services industry
Industry Median: 6.715 vs OSTO:SUS: 12.49

Surgical Science Sweden AB Net Current Asset Value Historical Data

The historical data trend for Surgical Science Sweden AB'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.

Surgical Science Sweden AB Net Current Asset Value Chart

Surgical Science Sweden AB 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 1.73 2.56 4.41 8.13 12.42

Surgical Science Sweden AB 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 8.13 9.13 10.34 11.20 12.42

Competitive Comparison of Surgical Science Sweden AB's Net Current Asset Value

For the Health Information Services subindustry, Surgical Science Sweden AB'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.


Surgical Science Sweden AB's Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Surgical Science Sweden AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Surgical Science Sweden AB's Price-to-Net-Current-Asset-Value falls into.



Surgical Science Sweden AB Net Current Asset Value Calculation

Surgical Science Sweden AB'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)
=(991.192-357.461-0-0)/51.0262
=12.42

Surgical Science Sweden AB'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)
=(991.192-357.461-0-0)/51.0262
=12.42

* 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.


Surgical Science Sweden AB  (OSTO:SUS) 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.


Surgical Science Sweden AB Net Current Asset Value Related Terms

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Surgical Science Sweden AB (OSTO:SUS) Business Description

Traded in Other Exchanges
Address
Drakegatan 7A, Gothenburg, SWE, SE-412 50
Surgical Science Sweden AB is a supplier of virtual reality simulators for medical training. The company's core is its proprietary software and hardware for simulating interactions between instruments and anatomy. It has two operating segments; Educational products include Proprietary brand medical simulator hardware and software for generic training of psycho-motor skills, instrument handling, and training for a large number of procedures and examinations, prior to entering the clinical environment and also support and services, and Industry/OEM includes simulation software for product-specific training of surgeons in robot-assisted surgery and other digitalized medical instruments and also simulators for medical device companies.

Surgical Science Sweden AB (OSTO:SUS) Headlines

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