GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blackrock Silver Corp (OTCPK:BKRRF) » Definitions » Net Current Asset Value

Blackrock Silver (Blackrock Silver) Net Current Asset Value : $0.02 (As of Jan. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Blackrock Silver 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).

Blackrock Silver's net current asset value per share for the quarter that ended in Jan. 2024 was $0.02.

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

BKRRF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6   Med: 17   Max: 70
Current: 17.25

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Blackrock Silver was 70.00. The lowest was 6.00. And the median was 17.00.

BKRRF's Price-to-Net-Current-Asset-Value is ranked worse than
84.74% of 1153 companies
in the Metals & Mining industry
Industry Median: 5.13 vs BKRRF: 17.25

Blackrock Silver Net Current Asset Value Historical Data

The historical data trend for Blackrock Silver'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.

Blackrock Silver Net Current Asset Value Chart

Blackrock Silver Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.04 0.04 0.01 -

Blackrock Silver Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.01 - 0.02

Competitive Comparison of Blackrock Silver's Net Current Asset Value

For the Other Precious Metals & Mining subindustry, Blackrock Silver'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.


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

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

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



Blackrock Silver Net Current Asset Value Calculation

Blackrock Silver's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2023 is calculated as

Net Current Asset Value Per Share(A: Oct. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.831-0.28-0-0)/193.019
=0.00

Blackrock Silver'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)
=(3.801-0.447-0-0)/222.595
=0.02

* 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.


Blackrock Silver  (OTCPK:BKRRF) 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.


Blackrock Silver Net Current Asset Value Related Terms

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


Blackrock Silver (Blackrock Silver) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Blackrock Silver Corp is a junior gold-focused exploration company that is on a quest to make an economic discovery. The company is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold and silver projects located along the established Northern Nevada Rift in Nevada and the Walker Lane trend in Western Nevada. The Tonopah West is the highest-grade undeveloped silver project located in the Walker Lane trend of Western Nevada.

Blackrock Silver (Blackrock Silver) Headlines