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Dolphin Offshore Enterprises India (BOM:522261) Net Current Asset Value : ₹41.62 (As of Mar. 2024)


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What is Dolphin Offshore Enterprises India 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).

Dolphin Offshore Enterprises India's net current asset value per share for the quarter that ended in Mar. 2024 was ₹41.62.

The historical rank and industry rank for Dolphin Offshore Enterprises India's Net Current Asset Value or its related term are showing as below:

BOM:522261' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.56   Med: 0.92   Max: 18.07
Current: 17.61

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dolphin Offshore Enterprises India was 18.07. The lowest was 0.56. And the median was 0.92.

BOM:522261's Price-to-Net-Current-Asset-Value is ranked worse than
89.23% of 297 companies
in the Oil & Gas industry
Industry Median: 3.69 vs BOM:522261: 17.61

Dolphin Offshore Enterprises India Net Current Asset Value Historical Data

The historical data trend for Dolphin Offshore Enterprises India'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.

Dolphin Offshore Enterprises India Net Current Asset Value Chart

Dolphin Offshore Enterprises India Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,069.53 1,187.28 -4.71 37.87 41.62

Dolphin Offshore Enterprises India Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar22 Mar23 Mar24
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 1,069.53 1,187.28 -4.71 37.87 41.62

Competitive Comparison of Dolphin Offshore Enterprises India's Net Current Asset Value

For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises India'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.


Dolphin Offshore Enterprises India's Price-to-Net-Current-Asset-Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dolphin Offshore Enterprises India's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Dolphin Offshore Enterprises India's Price-to-Net-Current-Asset-Value falls into.



Dolphin Offshore Enterprises India Net Current Asset Value Calculation

Dolphin Offshore Enterprises India's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(A: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1726.394-61.329-0-0)/40.0046
=41.62

Dolphin Offshore Enterprises India's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1726.394-61.329-0-0)/40.0046
=41.62

* 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.


Dolphin Offshore Enterprises India  (BOM:522261) 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.


Dolphin Offshore Enterprises India Net Current Asset Value Related Terms

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Dolphin Offshore Enterprises India (BOM:522261) Business Description

Traded in Other Exchanges
Address
Zillion Junction Of LBS Marg, CST Road, Unit No. 301, Kurla (West), Mumbai, MH, IND, 400070
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, marine logistics, and fabrication.

Dolphin Offshore Enterprises India (BOM:522261) Headlines

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