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Xtract One Technologies (Xtract One Technologies) Net Current Asset Value : $0.01 (As of Jan. 2024)


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What is Xtract One Technologies 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).

Xtract One Technologies's net current asset value per share for the quarter that ended in Jan. 2024 was $0.01.

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

XTRAF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.44   Med: 7.8   Max: 68
Current: 33.68

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Xtract One Technologies was 68.00. The lowest was 3.44. And the median was 7.80.

XTRAF's Price-to-Net-Current-Asset-Value is ranked worse than
93.41% of 1684 companies
in the Software industry
Industry Median: 5.21 vs XTRAF: 33.68

Xtract One Technologies Net Current Asset Value Historical Data

The historical data trend for Xtract One Technologies'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.

Xtract One Technologies Net Current Asset Value Chart

Xtract One Technologies Annual Data
Trend May14 May15 May16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.13 0.06 0.03 0.03

Xtract One Technologies 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 0.03 0.03 0.02 0.01

Competitive Comparison of Xtract One Technologies's Net Current Asset Value

For the Software - Application subindustry, Xtract One Technologies'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.


Xtract One Technologies's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

* The bar in red indicates where Xtract One Technologies's Price-to-Net-Current-Asset-Value falls into.



Xtract One Technologies Net Current Asset Value Calculation

Xtract One Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2023 is calculated as

Net Current Asset Value Per Share(A: Jul. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8.936-3.222-0-0)/197.78
=0.03

Xtract One Technologies'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)
=(6.739-5.397-0-0)/198.431
=0.01

* 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.


Xtract One Technologies  (OTCPK:XTRAF) 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.


Xtract One Technologies Net Current Asset Value Related Terms

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Xtract One Technologies (Xtract One Technologies) Business Description

Traded in Other Exchanges
Address
257 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 1X9
Xtract One Technologies Inc is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The principal business of the Company is the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution, referred to as the Platform, with the aim of enhancing public health and safety. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative multi-sensor gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.