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Keypath Education International (ASX:KED) Net Current Asset Value : A$0.20 (As of Dec. 2023)


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What is Keypath Education International 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).

Keypath Education International's net current asset value per share for the quarter that ended in Dec. 2023 was A$0.20.

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

ASX:KED' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.64   Med: 2.82   Max: 9.02
Current: 2.7

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Keypath Education International was 9.02. The lowest was 1.64. And the median was 2.82.

ASX:KED's Price-to-Net-Current-Asset-Value is ranked better than
67.27% of 110 companies
in the Education industry
Industry Median: 5.205 vs ASX:KED: 2.70

Keypath Education International Net Current Asset Value Historical Data

The historical data trend for Keypath Education International'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.

Keypath Education International Net Current Asset Value Chart

Keypath Education International Annual Data
Trend Jun21 Jun22 Jun23
Net Current Asset Value
0.41 0.33 0.22

Keypath Education International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Current Asset Value Get a 7-Day Free Trial 0.40 0.33 0.27 0.22 0.20

Competitive Comparison of Keypath Education International's Net Current Asset Value

For the Education & Training Services subindustry, Keypath Education International'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.


Keypath Education International's Price-to-Net-Current-Asset-Value Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Keypath Education International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Keypath Education International Net Current Asset Value Calculation

Keypath Education International's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(90.011-42.09-0-0)/213.971
=0.22

Keypath Education International's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(73-29.385-0-0)/214.695
=0.20

* 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.


Keypath Education International  (ASX:KED) 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.


Keypath Education International Net Current Asset Value Related Terms

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Keypath Education International (ASX:KED) Business Description

Traded in Other Exchanges
N/A
Address
1933 N. Meacham Road, Suite 310, Schaumburg, IL, USA, 60173
Keypath Education International Inc provides bundled OPM services to its university partners, including the design, development, launch, and management of online programs. The services include program design, market research, student recruitment, student support and placement services. It earns revenue from a share of tuition fees paid to its university partners by students undertaking the online programs delivered by Keypath. The Company has one reportable operating segment, being OPM.

Keypath Education International (ASX:KED) Headlines

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