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ATIF (ATIF Holdings) Net Current Asset Value : $0.14 (As of Jul. 2024)


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What is ATIF Holdings 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).

ATIF Holdings's net current asset value per share for the quarter that ended in Jul. 2024 was $0.14.

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

ATIF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.41   Med: 7.02   Max: 51.67
Current: 4.86

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of ATIF Holdings was 51.67. The lowest was 4.41. And the median was 7.02.

ATIF's Price-to-Net-Current-Asset-Value is ranked worse than
61.44% of 472 companies
in the Capital Markets industry
Industry Median: 3.295 vs ATIF: 4.86

ATIF Holdings Net Current Asset Value Historical Data

The historical data trend for ATIF Holdings'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.

ATIF Holdings Net Current Asset Value Chart

ATIF Holdings Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Net Current Asset Value
Get a 7-Day Free Trial -2.46 0.87 0.27 0.03 0.14

ATIF Holdings Quarterly Data
Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.04 0.25 0.14

Competitive Comparison of ATIF Holdings's Net Current Asset Value

For the Capital Markets subindustry, ATIF Holdings'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.


ATIF Holdings's Price-to-Net-Current-Asset-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ATIF Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



ATIF Holdings Net Current Asset Value Calculation

ATIF Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2024 is calculated as

Net Current Asset Value Per Share(A: Jul. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.899-1.259-0-0)/11.9174
=0.14

ATIF Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jul. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jul. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.899-1.259-0-0)/11.9174
=0.14

* 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.


ATIF Holdings  (NAS:ATIF) 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.


ATIF Holdings Net Current Asset Value Related Terms

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ATIF Holdings Business Description

Traded in Other Exchanges
N/A
Address
25391 Commercentre Drive, Suite 200, Lake Forest, CA, USA, 92630
ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.
Executives
Liu Kwong Sang director 1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu director, 10 percent owner, officer: Chief Executive Officer ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen director ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming director, officer: Chief Financial Officer ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd 10 percent owner 25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630