GURUFOCUS.COM » STOCK LIST » Technology » Software » Edge Technology Inc (TSE:4268) » Definitions » Net Current Asset Value

Edge Technology (TSE:4268) Net Current Asset Value : 円61.67 (As of Jan. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Edge Technology 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).

Edge Technology's net current asset value per share for the quarter that ended in Jan. 2024 was 円61.67.

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

TSE:4268' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.28   Med: 16.05   Max: 26.25
Current: 10.28

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Edge Technology was 26.25. The lowest was 10.28. And the median was 16.05.

TSE:4268's Price-to-Net-Current-Asset-Value is ranked worse than
69.36% of 1684 companies
in the Software industry
Industry Median: 5.295 vs TSE:4268: 10.28

Edge Technology Net Current Asset Value Historical Data

The historical data trend for Edge Technology'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.

Edge Technology Net Current Asset Value Chart

Edge Technology Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Net Current Asset Value
5.55 11.64 39.46 55.52

Edge Technology Quarterly Data
Apr20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.92 55.52 57.09 58.93 61.67

Competitive Comparison of Edge Technology's Net Current Asset Value

For the Software - Infrastructure subindustry, Edge Technology'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.


Edge Technology's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

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



Edge Technology Net Current Asset Value Calculation

Edge Technology's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2023 is calculated as

Net Current Asset Value Per Share(A: Apr. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(912.658-319.565-0-0)/10.6824
=55.52

Edge Technology's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(961.2-299.378-0-0)/10.7318
=61.67

* 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.


Edge Technology  (TSE:4268) 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.


Edge Technology Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Edge Technology's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Edge Technology (TSE:4268) Business Description

Traded in Other Exchanges
N/A
Address
1-32-7 Kanda Sudacho, Cress Real Estate Kanda Building 5th Floor, Tokyo, JPN
Edge Technology Inc is engaged in the AI implementation support and big data analysis consulting business.

Edge Technology (TSE:4268) Headlines

No Headlines