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Aquarius Platinum (Aquarius Platinum) Net Current Asset Value : $-0.03 (As of Dec. 2015)


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What is Aquarius Platinum 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).

Aquarius Platinum's net current asset value per share for the quarter that ended in Dec. 2015 was $-0.03.

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

AQPTY's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 4.635
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Aquarius Platinum Net Current Asset Value Historical Data

The historical data trend for Aquarius Platinum'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.

Aquarius Platinum Net Current Asset Value Chart

Aquarius Platinum Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -0.93 -0.70 -0.09 -0.01

Aquarius Platinum Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 -0.67 -0.09 -0.05 -0.01 -0.03

Competitive Comparison of Aquarius Platinum's Net Current Asset Value

For the Other Industrial Metals & Mining subindustry, Aquarius Platinum'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.


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

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

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



Aquarius Platinum Net Current Asset Value Calculation

Aquarius Platinum's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2015 is calculated as

Net Current Asset Value Per Share(A: Jun. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(233.467-236.592-3.889-0)/739.11
=-0.01

Aquarius Platinum's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2015 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2015 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(69.905-88.749-3.611-0)/754.172
=-0.03

* 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.


Aquarius Platinum  (OTCPK:AQPTY) 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.


Aquarius Platinum Net Current Asset Value Related Terms

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Aquarius Platinum (Aquarius Platinum) Business Description

Traded in Other Exchanges
N/A
Address
Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

Aquarius Platinum (Aquarius Platinum) Headlines

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