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Sabre Resources (ASX:SBR) Net Current Asset Value : A$0.02 (As of Dec. 2024)


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What is Sabre Resources 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).

Sabre Resources's net current asset value per share for the quarter that ended in Dec. 2024 was A$0.02.

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

ASX:SBR' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.35   Med: 1.29   Max: 10
Current: 0.45

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sabre Resources was 10.00. The lowest was 0.35. And the median was 1.29.

ASX:SBR's Price-to-Net-Current-Asset-Value is ranked better than
98.96% of 1053 companies
in the Metals & Mining industry
Industry Median: 5.5 vs ASX:SBR: 0.45

Sabre Resources Net Current Asset Value Historical Data

The historical data trend for Sabre Resources'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.

Sabre Resources Net Current Asset Value Chart

Sabre Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.04 0.02 0.02

Sabre Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.03 0.02 0.02 0.02 0.02

Competitive Comparison of Sabre Resources's Net Current Asset Value

For the Other Industrial Metals & Mining subindustry, Sabre Resources'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.


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

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

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


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Sabre Resources Net Current Asset Value Calculation

Sabre Resources's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(A: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4.78-0.175--2.501-0)/392.962
=0.02

Sabre Resources's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.709-0.16--2.503-0)/392.962
=0.02

* 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.


Sabre Resources  (ASX:SBR) 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.


Sabre Resources Net Current Asset Value Related Terms

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Sabre Resources Business Description

Traded in Other Exchanges
Address
Level 1, 8 Parliament Place, West Perth, Perth, WA, AUS, 6005
Sabre Resources Ltd explores for and develops mineral properties. It explores copper, zinc, vanadium, silver, and other semi-precious metals. The Company also focuses on its Sherlock Bay Nickel-Copper-Cobalt Project in the northwest Pilbara region of Western Australia, The firm is managed on the basis of its development and exploration of minerals in the geographical regions of Australia and Namibia and drives key revenue from Australia.