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Borges Agricultural & Industrial Nuts (XMAD:BAIN) Net Current Asset Value : €-1.38 (As of Nov. 2023)


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What is Borges Agricultural & Industrial Nuts 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).

Borges Agricultural & Industrial Nuts's net current asset value per share for the quarter that ended in Nov. 2023 was €-1.38.

The historical rank and industry rank for Borges Agricultural & Industrial Nuts's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Borges Agricultural & Industrial Nuts was 3.83. The lowest was 2.42. And the median was 2.97.

XMAD:BAIN's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.85
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Borges Agricultural & Industrial Nuts Net Current Asset Value Historical Data

The historical data trend for Borges Agricultural & Industrial Nuts'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.

Borges Agricultural & Industrial Nuts Net Current Asset Value Chart

Borges Agricultural & Industrial Nuts Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -1.33 -0.99 -0.92 -1.32

Borges Agricultural & Industrial Nuts Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 -0.86 -0.92 -1.08 -1.32 -1.38

Competitive Comparison of Borges Agricultural & Industrial Nuts's Net Current Asset Value

For the Farm Products subindustry, Borges Agricultural & Industrial Nuts'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.


Borges Agricultural & Industrial Nuts's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borges Agricultural & Industrial Nuts's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Borges Agricultural & Industrial Nuts's Price-to-Net-Current-Asset-Value falls into.



Borges Agricultural & Industrial Nuts Net Current Asset Value Calculation

Borges Agricultural & Industrial Nuts's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2023 is calculated as

Net Current Asset Value Per Share(A: May. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(62.799-93.404-0-0)/23.1123
=-1.32

Borges Agricultural & Industrial Nuts's Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2023 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(59.253-91.013-0-0)/23.0905
=-1.38

* 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.


Borges Agricultural & Industrial Nuts  (XMAD:BAIN) 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.


Borges Agricultural & Industrial Nuts Net Current Asset Value Related Terms

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Borges Agricultural & Industrial Nuts (XMAD:BAIN) Business Description

Traded in Other Exchanges
N/A
Address
Calle Flix, 29, Reus, ESP, 43205
Borges Agricultural & Industrial Nuts SA grows, produces, processes, packages, sales, and exports dried fruits and nuts. It offers peanuts, almonds, pistachios, walnuts, hazelnuts, cashew nuts, pecans, macadamia nuts, pine nuts and tiger nuts, and others; and dried apricots, dates, prunes, coconut, papaya, pineapple, cranberries and raisins, and others.

Borges Agricultural & Industrial Nuts (XMAD:BAIN) Headlines

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