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Quest Patent Research (Quest Patent Research) Net Current Asset Value : $-1.60 (As of Dec. 2023)


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What is Quest Patent Research 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).

Quest Patent Research's net current asset value per share for the quarter that ended in Dec. 2023 was $-1.60.

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

QPRC's Price-to-Net-Current-Asset-Value is not ranked *
in the Business Services industry.
Industry Median: 4.2
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Quest Patent Research Net Current Asset Value Historical Data

The historical data trend for Quest Patent Research'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.

Quest Patent Research Net Current Asset Value Chart

Quest Patent Research Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.25 -2.36 -1.59 -1.82 -1.60

Quest Patent Research 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 -1.82 -2.58 -2.75 -2.88 -1.60

Competitive Comparison of Quest Patent Research's Net Current Asset Value

For the Consulting Services subindustry, Quest Patent Research'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.


Quest Patent Research's Price-to-Net-Current-Asset-Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quest Patent Research's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Quest Patent Research Net Current Asset Value Calculation

Quest Patent Research'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)
=(3.6-12.139-0-0)/5.33197
=-1.60

Quest Patent Research'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)
=(3.6-12.139-0-0)/5.33197
=-1.60

* 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.


Quest Patent Research  (OTCPK:QPRC) 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.


Quest Patent Research Net Current Asset Value Related Terms

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Quest Patent Research (Quest Patent Research) Business Description

Traded in Other Exchanges
N/A
Address
411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580-1411
Quest Patent Research Corp is an intellectual property asset management company. The company is engaged in the development, acquisition, licensing and enforcement of intellectual property rights. Its intellectual property portfolios consist of mobile data, online marketing, sweepstakes, promotions, and rewards, flexible packaging, universal financial data system, rich media, anchor structure portfolio, power management/bus control portfolio, and diode on-chip portfolio. The company has two segments namely intellectual property licensing and licensed packaging sales. It generates revenue from patent licensing fees, management fees, and licensed packaging sales.
Executives
Timothy J Scahill director 472 WHITING ROAD, WEBSTER NY 14580
William Ryall Carroll director 242 WEST 104TH ST, APT 6ER, NEW YORK NY 10025
Robert Christopher Paladino director 7811 VALENCIA COURT, NAPLES FL 34113
Jon Charles Scahill director, officer: President & COO 24 GREENHAVEN RD., RYE NY 10580-1018