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Rategain Travel Technologies (BOM:543417) Net Current Asset Value : ₹87.69 (As of Mar. 2024)


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What is Rategain Travel Technologies 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).

Rategain Travel Technologies's net current asset value per share for the quarter that ended in Mar. 2024 was ₹87.69.

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

BOM:543417' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.17   Med: 11.8   Max: 13.8
Current: 8.17

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rategain Travel Technologies was 13.80. The lowest was 8.17. And the median was 11.80.

BOM:543417's Price-to-Net-Current-Asset-Value is ranked worse than
63.63% of 1691 companies
in the Software industry
Industry Median: 5.28 vs BOM:543417: 8.17

Rategain Travel Technologies Net Current Asset Value Historical Data

The historical data trend for Rategain Travel Technologies'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.

Rategain Travel Technologies Net Current Asset Value Chart

Rategain Travel Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Current Asset Value
Get a 7-Day Free Trial -8.31 6.77 34.13 24.85 87.69

Rategain Travel Technologies Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 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 24.85 - 32.40 - 87.69

Competitive Comparison of Rategain Travel Technologies's Net Current Asset Value

For the Software - Application subindustry, Rategain Travel Technologies'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.


Rategain Travel Technologies's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

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

* The bar in red indicates where Rategain Travel Technologies's Price-to-Net-Current-Asset-Value falls into.



Rategain Travel Technologies Net Current Asset Value Calculation

Rategain Travel Technologies'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)
=(13133.38-2805.36-0-0)/117.78
=87.69

Rategain Travel Technologies'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)
=(13133.38-2805.36-0-0)/117.78
=87.69

* 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.


Rategain Travel Technologies  (BOM:543417) 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.


Rategain Travel Technologies Net Current Asset Value Related Terms

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Rategain Travel Technologies (BOM:543417) Business Description

Traded in Other Exchanges
Address
Plot No. A-3,4,5, Sector 125, Club 125, 4th, Prius Global, Noida, UP, IND, 201 301
Rategain Travel Technologies Ltd is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries. Geographically, it derives a majority of its revenue from the United Kingdom.

Rategain Travel Technologies (BOM:543417) Headlines

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