GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Global Gaming Technologies Corp (OTCPK:BLKCF) » Definitions » Net Current Asset Value

BLKCF (Global Gaming Technologies) Net Current Asset Value : $0.08 (As of Jul. 2019)


View and export this data going back to 2011. Start your Free Trial

What is Global Gaming Technologies 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).

Global Gaming Technologies's net current asset value per share for the quarter that ended in Jul. 2019 was $0.08.

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

BLKCF's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 4.235
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Global Gaming Technologies Net Current Asset Value Historical Data

The historical data trend for Global Gaming Technologies'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.

Global Gaming Technologies Net Current Asset Value Chart

Global Gaming Technologies Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 -0.19 0.37 0.21 0.08

Global Gaming Technologies Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 0.25 0.21 0.31 0.08 0.08

Competitive Comparison of Global Gaming Technologies's Net Current Asset Value

For the Electronic Gaming & Multimedia subindustry, Global Gaming Technologies'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.


Global Gaming Technologies's Price-to-Net-Current-Asset-Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Global Gaming Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Global Gaming Technologies's Price-to-Net-Current-Asset-Value falls into.


;
;

Global Gaming Technologies Net Current Asset Value Calculation

Global Gaming Technologies's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2019 is calculated as

Net Current Asset Value Per Share(A: Apr. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(14.519-5.12-0-0)/119.686
=0.08

Global Gaming Technologies's Net Current Asset Value (NCAV) per share for the quarter that ended in Jul. 2019 is calculated as

Net Current Asset Value Per Share(Q: Jul. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(14.396-4.386-0-0)/125.170
=0.08

* 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.


Global Gaming Technologies  (OTCPK:BLKCF) 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.


Global Gaming Technologies Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Global Gaming Technologies's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Gaming Technologies Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Global Gaming Technologies Corp is a Canada-based gaming industry investment holding company. It provides investment exposure to digital interactive entertainment in emerging technologies, such as augmented reality, virtual reality, artificial intelligence, eSports and traditional games platforms, such as mobile and console.

Global Gaming Technologies Headlines

From GuruFocus

US Stocks End Mostly Lower Thursday

By Julie Young 09-16-2021