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Dolfin Rubbers (BOM:542013) Net Current Asset Value : ₹2.34 (As of Mar. 2024)


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What is Dolfin Rubbers 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).

Dolfin Rubbers's net current asset value per share for the quarter that ended in Mar. 2024 was ₹2.34.

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

BOM:542013' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13.17   Med: 46.43   Max: 125.7
Current: 87.26

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dolfin Rubbers was 125.70. The lowest was 13.17. And the median was 46.43.

BOM:542013's Price-to-Net-Current-Asset-Value is ranked worse than
96.76% of 678 companies
in the Vehicles & Parts industry
Industry Median: 4.755 vs BOM:542013: 87.26

Dolfin Rubbers Net Current Asset Value Historical Data

The historical data trend for Dolfin Rubbers'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.

Dolfin Rubbers Net Current Asset Value Chart

Dolfin Rubbers 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 2.32 1.16 0.71 1.30 2.34

Dolfin Rubbers Quarterly Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 - 1.87 - 2.34

Competitive Comparison of Dolfin Rubbers's Net Current Asset Value

For the Auto Parts subindustry, Dolfin Rubbers'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.


Dolfin Rubbers's Price-to-Net-Current-Asset-Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dolfin Rubbers's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Dolfin Rubbers's Price-to-Net-Current-Asset-Value falls into.



Dolfin Rubbers Net Current Asset Value Calculation

Dolfin Rubbers'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)
=(368.965-345.515-0-0)/10.0299
=2.34

Dolfin Rubbers'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)
=(368.965-345.515-0-0)/10.0299
=2.34

* 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.


Dolfin Rubbers  (BOM:542013) 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.


Dolfin Rubbers Net Current Asset Value Related Terms

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Dolfin Rubbers (BOM:542013) Business Description

Traded in Other Exchanges
N/A
Address
26-A, Bhai Randhir Singh Nagar, Opposite Ramesh Eye Hospital, Ludhiana, PB, IND, 141012
Dolfin Rubbers Ltd The Company is mainly engaged in Manufacturing Rubber Tyres and Tubes, so the Management considers this the only business segment of the Company. The company's main business is in India. Based on its vehicle types, the tire market can be segmented into passenger cars, light commercial vehicles, medium and heavy commercial vehicles, two-wheelers and three-wheelers, and off-road, among others.

Dolfin Rubbers (BOM:542013) Headlines

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