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PureCircle (PureCircle) Net Current Asset Value : $-0.02 (As of Dec. 2019)


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What is PureCircle 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).

PureCircle's net current asset value per share for the quarter that ended in Dec. 2019 was $-0.02.

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

PCRTF's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.845
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

PureCircle Net Current Asset Value Historical Data

The historical data trend for PureCircle'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.

PureCircle Net Current Asset Value Chart

PureCircle Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.45 0.24 0.19 0.07

PureCircle Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 0.25 0.19 0.14 0.07 -0.02

Competitive Comparison of PureCircle's Net Current Asset Value

For the Packaged Foods subindustry, PureCircle'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.


PureCircle's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PureCircle's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



PureCircle Net Current Asset Value Calculation

PureCircle's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2019 is calculated as

Net Current Asset Value Per Share(A: Jun. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(165.336-152.732-0-0)/184.356
=0.07

PureCircle's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2019 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(136.733-141.207-0-0)/184.455
=-0.02

* 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.


PureCircle  (OTCPK:PCRTF) 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.


PureCircle Net Current Asset Value Related Terms

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PureCircle (PureCircle) Business Description

Traded in Other Exchanges
N/A
Address
200 West Jackson Boulevard, 8th Floor, Chicago, IL, USA, 60606
PureCircle Ltd is a producer of stevia ingredients focusing on encouraging healthier diets through the supply of natural ingredients to the global food and beverage industry. It has over 40 stevia-related patents. Its Zeta Family ingredients consist of the sugar, such as steviol glycosides, including Reb M and Reb D, and allow for the deepest calorie reductions. The company produces, markets and distributes natural sweeteners and flavors. Its geographical segments include Asia, Europe, and Americas. It is engaged in the production and marketing of stevia leaf extract. It involves plant breeding, including Stevia varieties with sweet glycoside content; harvesting, which provides training to farmers; extraction; purification; application, and finished product.