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Sierra Monitor (Sierra Monitor) Net Current Asset Value : $0.72 (As of Mar. 2019)


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What is Sierra Monitor 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).

Sierra Monitor's net current asset value per share for the quarter that ended in Mar. 2019 was $0.72.

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

SRMC's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.325
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Sierra Monitor Net Current Asset Value Historical Data

The historical data trend for Sierra Monitor'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.

Sierra Monitor Net Current Asset Value Chart

Sierra Monitor Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.88 0.86 0.83 0.81

Sierra Monitor Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.83 0.82 0.84 0.81 0.72

Competitive Comparison of Sierra Monitor's Net Current Asset Value

For the Software - Infrastructure subindustry, Sierra Monitor'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.


Sierra Monitor's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

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



Sierra Monitor Net Current Asset Value Calculation

Sierra Monitor's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net Current Asset Value Per Share(A: Dec. 2018 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(10.304-1.996-0-0)/10.2424
=0.81

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

Net Current Asset Value Per Share(Q: Mar. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(10.199-2.813-0-0)/10.2424
=0.72

* 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.


Sierra Monitor  (OTCPK:SRMC) 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.


Sierra Monitor Net Current Asset Value Related Terms

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Sierra Monitor (Sierra Monitor) Business Description

Traded in Other Exchanges
N/A
Address
1991 Tarob Court, Milpitas, CA, USA, 95035
Sierra Monitor Corp provides the industrial and commercial facilities management market with IIoT solutions that connect and protect infrastructure assets. Its business divisions include Gas detection devices, Environmental controllers, and FieldServers. The company generates a majority of its revenue from the sale of FieldServers.
Executives
C Richard Kramlich director 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Ross D Demont director 51 PICKWICK ROAD, NEWTON MA 02465
James D Norrod director C/O SIERRA MONITOR CORPORATION, 1991 TAROB CT, MILPITAS CA 95035

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