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RBMTF (Rambler Metals and Mining) Net Current Asset Value : $-0.31 (As of Jun. 2022)


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What is Rambler Metals and Mining 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).

Rambler Metals and Mining's net current asset value per share for the quarter that ended in Jun. 2022 was $-0.31.

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

RBMTF's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 6.34
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Rambler Metals and Mining Net Current Asset Value Historical Data

The historical data trend for Rambler Metals and Mining'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.

Rambler Metals and Mining Net Current Asset Value Chart

Rambler Metals and Mining Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.35 -4.46 -2.48 -0.31 -0.26

Rambler Metals and Mining Semi-Annual Data
Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -2.92 -0.31 -0.35 -0.26 -0.31

Competitive Comparison of Rambler Metals and Mining's Net Current Asset Value

For the Other Industrial Metals & Mining subindustry, Rambler Metals and Mining'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.


Rambler Metals and Mining's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rambler Metals and Mining's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Rambler Metals and Mining's Price-to-Net-Current-Asset-Value falls into.


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Rambler Metals and Mining Net Current Asset Value Calculation

Rambler Metals and Mining's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net Current Asset Value Per Share(A: Dec. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.855-47.815-0-0)/144.680
=-0.26

Rambler Metals and Mining's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2022 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8.563-53.123-0-0)/144.680
=-0.31

* 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.


Rambler Metals and Mining  (OTCPK:RBMTF) 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.


Rambler Metals and Mining Net Current Asset Value Related Terms

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Rambler Metals and Mining Business Description

Traded in Other Exchanges
N/A
Address
3 Sheen Road, Richmond upon Thames, Surrey, GBR, TW9 1AD
Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company earns most of the revenue from Canada.

Rambler Metals and Mining Headlines