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Salasar Techno Engineering (BOM:540642) Net Current Asset Value : ₹0.00 (As of Jun. 2024)


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What is Salasar Techno Engineering 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).

Salasar Techno Engineering's net current asset value per share for the quarter that ended in Jun. 2024 was ₹0.00.

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

BOM:540642' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.03   Med: 5.08   Max: 19.31
Current: 19.31

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Salasar Techno Engineering was 19.31. The lowest was 1.03. And the median was 5.08.

BOM:540642's Price-to-Net-Current-Asset-Value is ranked worse than
88.06% of 377 companies
in the Steel industry
Industry Median: 2.91 vs BOM:540642: 19.31

Salasar Techno Engineering Net Current Asset Value Historical Data

The historical data trend for Salasar Techno Engineering'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.

Salasar Techno Engineering Net Current Asset Value Chart

Salasar Techno Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.85 0.82 1.19 1.12

Salasar Techno Engineering Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 0.96 - 1.12 -

Competitive Comparison of Salasar Techno Engineering's Net Current Asset Value

For the Steel subindustry, Salasar Techno Engineering'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.


Salasar Techno Engineering's Price-to-Net-Current-Asset-Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salasar Techno Engineering's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Salasar Techno Engineering's Price-to-Net-Current-Asset-Value falls into.



Salasar Techno Engineering Net Current Asset Value Calculation

Salasar Techno Engineering'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)
=(8767.975-7001.8-4.028-0)/1578.53
=1.12

Salasar Techno Engineering's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0-N/A-0-0)/1726.77
=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.


Salasar Techno Engineering  (BOM:540642) 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.


Salasar Techno Engineering Net Current Asset Value Related Terms

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Salasar Techno Engineering Business Description

Traded in Other Exchanges
Address
E-20, South Extension I, New Delhi, IND, 110049
Salasar Techno Engineering Ltd is engaged in the manufacturing of galvanized M.S. steel structures and related activities. It is engaged in the manufacturing and fabrication of steel structures for Telecom Towers, Transmission Towers, Utilities Poles, High Mast Poles, Stadium Lighting Poles, Flag Poles, and Smart City Poles Substations Structures, Railway Electrification (OHE), and Solar Module Mounting Structures. The Firm has two reportable segments namely, Steel structure, which derives majority of revenue and comprises manufacturing and sale of Galvanized and Non-galvanized Steel Structures including Telecom Towers, Transmission Line Towers, and Solar Panels; and EPC projects, which comprise survey, supply of materials, design, erection, testing and commissioning on a trunkey basis.

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