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Ladprao General Hospital PCL (BKK:LPH-R) Net Current Asset Value : ฿-0.52 (As of Dec. 2023)


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What is Ladprao General Hospital PCL 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).

Ladprao General Hospital PCL's net current asset value per share for the quarter that ended in Dec. 2023 was ฿-0.52.

The historical rank and industry rank for Ladprao General Hospital PCL's Net Current Asset Value or its related term are showing as below:

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ladprao General Hospital PCL was 29.40. The lowest was 8.29. And the median was 16.08.

BKK:LPH-R's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.505
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Ladprao General Hospital PCL Net Current Asset Value Historical Data

The historical data trend for Ladprao General Hospital PCL'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.

Ladprao General Hospital PCL Net Current Asset Value Chart

Ladprao General Hospital PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -0.37 -0.04 -0.06 -0.52

Ladprao General Hospital PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.06 -0.21 -0.42 -0.41 -0.52

Competitive Comparison of Ladprao General Hospital PCL's Net Current Asset Value

For the Medical Care Facilities subindustry, Ladprao General Hospital PCL'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.


Ladprao General Hospital PCL's Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ladprao General Hospital PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Ladprao General Hospital PCL's Price-to-Net-Current-Asset-Value falls into.



Ladprao General Hospital PCL Net Current Asset Value Calculation

Ladprao General Hospital PCL's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(701.6-921.898-155.199-0)/720
=-0.52

Ladprao General Hospital PCL'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)
=(701.6-921.898-155.199-0)/720
=-0.52

* 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.


Ladprao General Hospital PCL  (BKK:LPH-R) 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.


Ladprao General Hospital PCL Net Current Asset Value Related Terms

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Ladprao General Hospital PCL (BKK:LPH-R) Business Description

Traded in Other Exchanges
Address
2699 Ladprao Road, Khlong Chaokhun Sing Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Ladprao General Hospital PCL is principally engaged in the hospital business. It has two segments: Hospital; and Scientific laboratory testing and Research. The hospital segment provides hospital services, health care centers, and a service contract with the Social Security Office. Scientific laboratory testing and Research segment provide scientific-analytical and diagnostic services and research for medical, agricultural, food and drug, and agricultural plant protection products with efficiency assessment, testing, and analysis of pesticide residues and hazardous substances. The main geographical area of the group's operations is Thailand. It generates the majority of the revenue from the Hospital segment.

Ladprao General Hospital PCL (BKK:LPH-R) Headlines

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