GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Simplicity Esports and Gaming Co (OTCPK:WINR) » Definitions » Net Current Asset Value

Simplicity Esports and Gaming Co (Simplicity Esports and Gaming Co) Net Current Asset Value : $-0.44 (As of Feb. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Simplicity Esports and Gaming Co 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).

Simplicity Esports and Gaming Co's net current asset value per share for the quarter that ended in Feb. 2023 was $-0.44.

The historical rank and industry rank for Simplicity Esports and Gaming Co's Net Current Asset Value or its related term are showing as below:

WINR's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 4.13
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Simplicity Esports and Gaming Co Net Current Asset Value Historical Data

The historical data trend for Simplicity Esports and Gaming Co'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.

Simplicity Esports and Gaming Co Net Current Asset Value Chart

Simplicity Esports and Gaming Co Annual Data
Trend May17 May18 May19 May20 May21 May22
Net Current Asset Value
Get a 7-Day Free Trial -1.88 -0.40 -3.35 -3.47 -3.87

Simplicity Esports and Gaming Co Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 -3.38 -3.87 -2.52 -1.22 -0.44

Competitive Comparison of Simplicity Esports and Gaming Co's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Simplicity Esports and Gaming Co'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.


Simplicity Esports and Gaming Co's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Simplicity Esports and Gaming Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Simplicity Esports and Gaming Co's Price-to-Net-Current-Asset-Value falls into.



Simplicity Esports and Gaming Co Net Current Asset Value Calculation

Simplicity Esports and Gaming Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2022 is calculated as

Net Current Asset Value Per Share(A: May. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.507-7.673--0.079-0)/1.83082
=-3.87

Simplicity Esports and Gaming Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2023 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.254-9.569-0.151-0)/21.6864
=-0.44

* 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.


Simplicity Esports and Gaming Co  (OTCPK:WINR) 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.


Simplicity Esports and Gaming Co Net Current Asset Value Related Terms

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


Simplicity Esports and Gaming Co (Simplicity Esports and Gaming Co) Business Description

Traded in Other Exchanges
N/A
Address
7000 W. Palmetto Park Road, Suite 505, Boca Raton, FL, USA, 33433
Simplicity Esports and Gaming Co is a North American esports organization managing esports teams domestically and internationally. The company through its subsidiaries owns and manages professional esports teams competing in games such as Overwatch, Apex Legends, PUBG, and more. The company owns Corporate and Franchised Gaming Centers. The company reports in Four segments namely Franchise royalties and fees, which is the key revenue generator; Company-owned stores; Esports revenue; and Franchise deposit revenue.
Executives
Beatrice Tarka director 800 WEST EL CAMINO REAL, SUITE 275, MOUNTAIN VIEW CA 94040
Roman Nehemiah Franklin director, officer: President 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105
Herrmann William H Jr director PO BOX 6, BRYN ATHYN PA 19009
Jed Philip Kaplan director, officer: CEO and Interim CFO C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433
Edward L Jaroski director 5847 SAN FELIPE, SUITE 4100, HOUSTON TX 77057
Nancy L. Hennessey officer: Chief Financial Officer 7000, W. PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433
Laila Cavalcanti Loss director 7000W PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433
Lau Knicks officer: Chief Financial Officer 1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
K2 Principal Fund, L.p. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 Genpar 2017 Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Steven Michael Grossman officer: President of Subsidiary C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433
Donald R Caldwell director 5 RADNOR CORP CENTER STE 555, RADNOR PA 19087
Max Wayne Hooper director 1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105
Frank Leavy director 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105

Simplicity Esports and Gaming Co (Simplicity Esports and Gaming Co) Headlines

From GuruFocus