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Lex Nimble Solutions (BOM:541196) Net Current Asset Value : ₹34.00 (As of Sep. 2023)


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What is Lex Nimble Solutions 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).

Lex Nimble Solutions's net current asset value per share for the quarter that ended in Sep. 2023 was ₹34.00.

The historical rank and industry rank for Lex Nimble Solutions's Net Current Asset Value or its related term are showing as below:

BOM:541196' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.62   Med: 17.24   Max: 35.2
Current: 2.25

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lex Nimble Solutions was 35.20. The lowest was 1.62. And the median was 17.24.

BOM:541196's Price-to-Net-Current-Asset-Value is ranked better than
82.53% of 1683 companies
in the Software industry
Industry Median: 5.26 vs BOM:541196: 2.25

Lex Nimble Solutions Net Current Asset Value Historical Data

The historical data trend for Lex Nimble Solutions'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.

Lex Nimble Solutions Net Current Asset Value Chart

Lex Nimble Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.42 2.86 2.94 1.77

Lex Nimble Solutions Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.32 2.94 4.89 1.77 34.00

Competitive Comparison of Lex Nimble Solutions's Net Current Asset Value

For the Information Technology Services subindustry, Lex Nimble Solutions'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.


Lex Nimble Solutions's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, Lex Nimble Solutions's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Lex Nimble Solutions's Price-to-Net-Current-Asset-Value falls into.



Lex Nimble Solutions Net Current Asset Value Calculation

Lex Nimble Solutions's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net Current Asset Value Per Share(A: Mar. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(14.457-7.049-0-0)/4.193
=1.77

Lex Nimble Solutions's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2023 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(149.489-7.021-0-0)/4.19
=34.00

* 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.


Lex Nimble Solutions  (BOM:541196) 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.


Lex Nimble Solutions Net Current Asset Value Related Terms

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Lex Nimble Solutions (BOM:541196) Business Description

Traded in Other Exchanges
N/A
Address
Quardant 3, Module A1, Cyber Towers, 10th Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500 081
Lex Nimble Solutions Ltd is engaged in IT consulting, support and solutions and appraisal advisory, certification, training and related services on quality models. The company's business segments are Software services and Consulting services. It derives key revenue from the Consulting services segment which covers IT staffing, Support Services and Payroll and accounting Service; and Quality Certification, Consulting and Training. Geographically, the group has customers located within India and other countries.

Lex Nimble Solutions (BOM:541196) Headlines

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