GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aayush Art & Bullion Ltd (BOM:540718) » Definitions » Net Current Asset Value

Aayush Art & Bullion (BOM:540718) Net Current Asset Value : ₹30.09 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Aayush Art & Bullion 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).

Aayush Art & Bullion's net current asset value per share for the quarter that ended in Sep. 2024 was ₹30.09.

The historical rank and industry rank for Aayush Art & Bullion's Net Current Asset Value or its related term are showing as below:

BOM:540718' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.58   Med: 1.62   Max: 27.77
Current: 27.34

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aayush Art & Bullion was 27.77. The lowest was 0.58. And the median was 1.62.

BOM:540718's Price-to-Net-Current-Asset-Value is ranked worse than
91.93% of 607 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.42 vs BOM:540718: 27.34

Aayush Art & Bullion Net Current Asset Value Historical Data

The historical data trend for Aayush Art & Bullion'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.

Aayush Art & Bullion Net Current Asset Value Chart

Aayush Art & Bullion 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 23.54 10.64 12.86 2.30 12.32

Aayush Art & Bullion Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 16.75 2.30 1.85 12.32 30.09

Competitive Comparison of Aayush Art & Bullion's Net Current Asset Value

For the Textile Manufacturing subindustry, Aayush Art & Bullion'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.


Aayush Art & Bullion's Price-to-Net-Current-Asset-Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aayush Art & Bullion's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Aayush Art & Bullion's Price-to-Net-Current-Asset-Value falls into.


;
;

Aayush Art & Bullion Net Current Asset Value Calculation

Aayush Art & Bullion'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)
=(156.428-3.479-0-0)/12.412
=12.32

Aayush Art & Bullion's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2024 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(651.689-233.075-0-0)/13.912
=30.09

* 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.


Aayush Art & Bullion  (BOM:540718) 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.


Aayush Art & Bullion Net Current Asset Value Related Terms

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


Aayush Art & Bullion Business Description

Traded in Other Exchanges
N/A
Address
Bhola Nath Nagar, C-110, Ground Floor, Shahdhara, East Delhi, New Delhi, IND, 110032
Aayush Art & Bullion Ltd formerly AKM Creations Ltd is a manufacturer and dealer in all types of embrotex goods, laces, fabrics, clothing, and wearing apparel for personal, commercial, and industrial use. It also supplies customized lace and embroidered work items. The company offers services such as Mirror lace, Needle cut work laces, Zari border, Stitching lace, Jhalar lace, and Crochet lace, among others.

Aayush Art & Bullion Headlines

No Headlines