BCHG (Grayscale Bitcoin Cash TR BCH) Net Current Asset Value: $0.00 (As of Mar. 2021)

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What is Grayscale Bitcoin Cash TR BCH Net Current Asset Value?

Grayscale Bitcoin Cash TR BCH BCHG +0.52% Net Current Asset Value is $0.00 as of Mar. 2021.

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).

Grayscale Bitcoin Cash TR BCH's net current asset value per share for the quarter that ended in Mar. 2021 was $0.00.

The historical rank and industry rank for Grayscale Bitcoin Cash TR BCH's Net Current Asset Value or its related term are showing as below:

BCHG's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.39
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Grayscale Bitcoin Cash TR BCH  (OTCPK:BCHG) 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.


Grayscale Bitcoin Cash TR BCH Net Current Asset Value Related Terms


Grayscale Bitcoin Cash TR BCH Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Grayscale Bitcoin Cash TR BCH'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.

Grayscale Bitcoin Cash TR BCH Net Current Asset Value Chart

Grayscale Bitcoin Cash TR BCH Annual Data
Trend Jun18 Jun19 Jun20
Net Current Asset Value
0.00 -0.01 0.00

Grayscale Bitcoin Cash TR BCH Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Net Current Asset Value Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

BCHG vs : Net Current Asset Value Comparison

For the Asset Management subindustry, Grayscale Bitcoin Cash TR BCH'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.


Grayscale Bitcoin Cash TR BCH Price-to-Net-Current-Asset-Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Bitcoin Cash TR BCH's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Grayscale Bitcoin Cash TR BCH's Price-to-Net-Current-Asset-Value falls into.



Grayscale Bitcoin Cash TR BCH Net Current Asset Value Calculation

Grayscale Bitcoin Cash TR BCH's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2020 is calculated as

Net Current Asset Value Per Share(A: Jun. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-N/A-0-0)/18.005
=N/A

Grayscale Bitcoin Cash TR BCH's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2021 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2021 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-N/A-0-0)/31.776
=N/A

* 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.

What does a Net Current Asset Value of $0.00 mean?
Grayscale Bitcoin Cash TR BCH (BCHG) has a Net Current Asset Value of $0.00 as of Mar. 2021. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors.
Is Grayscale Bitcoin Cash TR BCH's Net Current Asset Value too high?
Grayscale Bitcoin Cash TR BCH's current Net Current Asset Value is $0.00.
How does Grayscale Bitcoin Cash TR BCH's Net Current Asset Value compare to ?
Grayscale Bitcoin Cash TR BCH's Net Current Asset Value of $0.00 can be compared against companies in the Asset Management industry. The industry median Net Current Asset Value is 3.39. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Asset Management company?
The median Net Current Asset Value among Asset Management companies is 3.39, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors. For the Asset Management industry, the median Net Current Asset Value is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Bitcoin Cash TR BCH's current Net Current Asset Value is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Bitcoin Cash TR BCH stock overvalued right now?
Grayscale Bitcoin Cash TR BCH (BCHG) has a current Net Current Asset Value of $0.00. The current Net Current Asset Value is $0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Grayscale Bitcoin Cash TR BCH (BCHG), the current Net Current Asset Value is $0.00 as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grayscale Bitcoin Cash TR BCH Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Bitcoin Cash TR BCH provides platform for digital currency investing. It provides investment products like single-asset, diversified, large cap funds, and others. The company operates as a digital currency asset manager.