BRGS (Barrister Global Services Network) Net Current Asset Value: $0.02 (As of Jun. 2003)


What is Barrister Global Services Network Net Current Asset Value?

Barrister Global Services Network BRGS Net Current Asset Value is $0.02 as of Jun. 2003.

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).

Barrister Global Services Network's net current asset value per share for the quarter that ended in Jun. 2003 was $0.02.

The historical rank and industry rank for Barrister Global Services Network's Net Current Asset Value or its related term are showing as below:

BRGS's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.83
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Barrister Global Services Network  (GREY:BRGS) 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.


Barrister Global Services Network Net Current Asset Value Related Terms


Barrister Global Services Network Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Barrister Global Services Network'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.

Barrister Global Services Network Net Current Asset Value Chart

Barrister Global Services Network Annual Data
Trend Mar93 Mar94 Mar95 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.06 0.41 0.18 0.04

Barrister Global Services Network Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 0.23 0.12 0.14 0.04 0.02

BRGS vs FCCN, IMCI, AKRFF: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Barrister Global Services Network'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.


Barrister Global Services Network Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Barrister Global Services Network's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Barrister Global Services Network's Price-to-Net-Current-Asset-Value falls into.



Barrister Global Services Network Net Current Asset Value Calculation

Barrister Global Services Network's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2003 is calculated as

Net Current Asset Value Per Share(A: Mar. 2003 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4.743-4.243-0-0)/11.892
=0.04

Barrister Global Services Network's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2003 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2003 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4.389-4.123-0-0)/11.901
=0.02

* 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.

What does a Net Current Asset Value of $0.02 mean?
Barrister Global Services Network (BRGS) has a Net Current Asset Value of $0.02 as of Jun. 2003. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Barrister Global Services Network and its competitors.
Is Barrister Global Services Network's Net Current Asset Value too high?
Barrister Global Services Network's current Net Current Asset Value is $0.02. The Software industry median Net Current Asset Value is 4.83. Barrister Global Services Network's value of $0.02 is 99.6% below this industry median.
How does Barrister Global Services Network's Net Current Asset Value compare to FCCN and IMCI?
Barrister Global Services Network's Net Current Asset Value of $0.02 can be compared against companies in the Software industry. The industry median Net Current Asset Value is 4.83. Barrister Global Services Network's value of $0.02 is 99.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Software company?
The median Net Current Asset Value among Software companies is 4.83, based on 1,755 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barrister Global Services Network's current Net Current Asset Value of $0.02 is 99.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Barrister Global Services Network and its competitors. For the Software industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrister Global Services Network's current Net Current Asset Value is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrister Global Services Network stock overvalued right now?
Barrister Global Services Network (BRGS) has a current Net Current Asset Value of $0.02. The current Net Current Asset Value is $0.02 and 99.6% below the Software industry median of 4.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Barrister Global Services Network (BRGS), the current Net Current Asset Value is $0.02 as of Jun. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Barrister Global Services Network Business Description

Address 186 Exchange Street, Buffalo, NY, USA, 14204
Barrister Global Services Network Inc provides multi-vendor IT services to resolve client/server hardware issues. It has customers in commercial and consumer markets through direct and indirect channels. The company provides IT life-cycle services, Helpdesk support services, Enterprise mobility, Staff augmentation, Cloud solutions, Back office processing, and software development.