Polar Capital Technology Trust (OTCPK:PLCQF) Net Current Asset Value

: $0.00 (As of Oct. 2022)

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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).

Polar Capital Technology Trust's net current asset value per share for the quarter that ended in Oct. 2022 was $0.00.

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

Polar Capital Technology Trust Net Current Asset Value Historical Data

The historical data trend for Polar Capital Technology Trust'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.

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Polar Capital Technology Trust Annual Data

Trend

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Net Current Asset Value

Polar Capital Technology Trust Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22
Net Current Asset Value																-	-	-	-	-

Competitive Comparison

For the Asset Management subindustry, Polar Capital Technology Trust's Net Current Asset Value, along with its competitors' market caps and 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.

Annual Data Quarterly Data

Polar Capital Technology Trust Net Current Asset Value Distribution

For the Asset Management industry and Financial Services sector, Polar Capital Technology Trust's Net Current Asset Value distribution charts can be found below:

* The bar in red indicates where Polar Capital Technology Trust's Net Current Asset Value falls in comparison to its industry or sector. The grey bar indicates the Net Current Asset Value's extreme value range as defined by GuruFocus.

Polar Capital Technology Trust Net Current Asset Value Calculation

Polar Capital Technology Trust's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2022 is calculated as

	Net Current Asset Value Per Share		(A: Apr. 2022 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(N/A	-	141.42173350582	-	0	-	0)	/	133.79
=	N/A

Polar Capital Technology Trust's Net Current Asset Value (NCAV) per share for the quarter that ended in Oct. 2022 is calculated as

	Net Current Asset Value Per Share		(Q: Oct. 2022 )
=	(Total Current Assets	-	Total Liabilities	-	Minority Interest	-	Preferred Stock)	/	Shares Outstanding (EOP)
=	(N/A	-	83.319727891156	-	0	-	0)	/	133.82
=	N/A

Polar Capital Technology Trust (OTCPK:PLCQF) 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 Grahams 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. GuruFocus also publishes a monthly Net-Net newsletter.

Polar Capital Technology Trust Net Current Asset Value Related Terms

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Polar Capital Technology Trust (OTCPK:PLCQF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polar Capital Technology Trust PLC (OTCPK:PLCQF) » Definitions » Net Current Asset Value

Comparable Companies

Traded in Other Exchanges

PCT:UK

Address

16 Palace Street, London, GBR, SW1E 5JD

Website

https://www.polarcapitaltechnologytrust.co.uk

Polar Capital Technology Trust PLC is a UK-based investment trust company. The company's investment objective is to maximize long-term capital growth by investing in a diversified portfolio of technology companies across the world. Geographically, the company earns investment income from North America, Europe, and the Asia Pacific region. It invests in Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and other sectors.

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