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Alphinat (Alphinat) Net Current Asset Value : $-0.01 (As of May. 2023)


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What is Alphinat 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).

Alphinat's net current asset value per share for the quarter that ended in May. 2023 was $-0.01.

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

APHTF's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.36
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Alphinat Net Current Asset Value Historical Data

The historical data trend for Alphinat'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.

Alphinat Net Current Asset Value Chart

Alphinat Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.02 -0.02 -0.01 -0.01

Alphinat Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 -0.01 -0.01 -0.01

Competitive Comparison of Alphinat's Net Current Asset Value

For the Software - Application subindustry, Alphinat'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.


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

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

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



Alphinat Net Current Asset Value Calculation

Alphinat's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2022 is calculated as

Net Current Asset Value Per Share(A: Aug. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.387-1.102-0-0)/63.149
=-0.01

Alphinat's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2023 is calculated as

Net Current Asset Value Per Share(Q: May. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.368-1.002-0-0)/63.149
=-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.


Alphinat  (OTCPK:APHTF) 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.


Alphinat Net Current Asset Value Related Terms

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Alphinat (Alphinat) Business Description

Traded in Other Exchanges
N/A
Address
2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5
Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.